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  • June 1- Michael Kors Holdings Ltd will cut back on selling its handbags and accessories to retailers, mainly in North America, as it looks to protect its' luxury brand' identity in a highly promotional retail environment. "We believe that the North America retail environment remains highly promotional, which is impacting the long-term brand equity of Michael...

  • Birkin bag fetches more than $300K

    An unidentified buyer purchased the bag made of Himalayan Nile crocodile skin with 18-karat gold hardware at a Christie's auction in Hong Kong.

  • May 26- For Alan Feid, a 28- year-old looking to buy an engagement ring for his fiancée, the rings he found in the diamond district in Manhattan were just as good as the ones he saw at Tiffany& Co's flagship store on Fifth Avenue. "At the end of the day, I don't think there's much of a difference when it comes to the style or the quality," said Feid, a resident of Jersey City, New...

  • May 25- Tiffany& Co reported its steepest drop in quarterly sales since the peak of the global financial crisis, as a strong dollar discouraged tourists from buying its high-end jewelry and eroded revenue from markets outside the United States. In the Americas region, Tiffany's sales at stores open more than a year plunged 10 percent in the first quarter.

  • May 25- Tiffany& Co reported its steepest sales drop in six quarters, missing analysts' estimates, as a strong dollar discouraged tourists from buying its high-end jewelry and ate into revenue from markets outside the United States. Shares of the company, whose "Blue Book" collection was flaunted by actress Cate Blanchett on the Oscar red carpet this year, fell 4.5...

  • May 25- Tiffany& Co's quarterly sales fell 7.4 percent, the sixth straight quarter of decline, as a strong dollar discouraged tourists from buying its high-end jewelry and ate into revenue from markets outside the United States. Tiffany's net income fell to $87.5 million, or 69 cents per share, in the quarter ended April 30 from $104.9 million, or 81 cents per share, a...

  • MOSCOW, May 24- Bulgari, the flagship jewelry brand of luxury group LVMH, plans to open up to four more stores in Russia over the next ten years, betting on the long-term prospects of its luxury market. "Perhaps 10 years down the road we will have five-six boutiques in Russia: three Moscow four, perhaps; one in St Petersburg; and one or two in two other cities," he said at the...

  • Bull vs. bear: Tiffany

    "FMHR" traders and brothers Jon and Pete Najarian give the bullish and bearish cases on Tiffany & Co.

  • Workers sew clothing at the Esquel Group garment factory at the Vietnam-Singapore Industrial Park in Thuan An, Binh Duong province, Vietnam, in June 2014.

    Marjorie Yang and Dee Poon agree on most things at the Esquel Group, including - importantly - the best way to button a shirt.

  • There’s still weakness in Burberry brand: Pro

    Jharonne Martis, director of consumer research at Thomson Reuters, says while Burberry is popular among Chinese consumers, its merchandise is not as resilient as other luxury makers in the market.

  • Burberry can thrive on British heritage: TD Direct

    Looking at Burberry’s latest earnings, Michelle McGrade, chief investment officer at TD Direct Investing, says the designer has to find a way to maintain being the “brand that everyone wants to buy.”

  • *Global stock gauge paces to best day in 3 weeks. *Japan reiterates readiness to intervene on yen. NEW YORK, May 10- Stock markets around the world rallied on Tuesday, helped by solid corporate earnings reports and higher oil prices supporting energy shares, while the yen again retreated sharply against the dollar.

  • LONDON, May 10- European shares advanced on Tuesday, with Danish jewelry maker Pandora surging after strong results and Swiss bank Credit Suisse gaining after its smaller than expected first quarter loss. The FTSEurofirst 300 index was up 1 percent by 0805 GMT, while Greek shares rose 2 percent after euro zone finance ministers offered to grant Greece some debt...

  • LONDON, May 10- World stock markets rose on Tuesday, helped by some solid corporate earnings in Europe and a new pledge by Japan that it was prepared to step in to weaken its yen currency. European stock markets built on positive momentum from earlier on in Japan, where the Nikkei rose 2.2 percent after Japan's Finance Minister Taro Aso reiterated his resolve to...

  • LONDON, May 10- European shares advanced on Tuesday, with Danish jewelry maker Pandora surging after strong results and Swiss bank Credit Suisse gaining following its smaller than expected first quarter loss. The pan-European FTSEurofirst 300 index was up 1.1 percent by 0720 GMT, adding to a 0.5 percent rise in the previous session. Although it saw tough market...

  • Craig Leavitt, chief executive officer of Kate Spade

    Kate Spade's sales at established stores in the first quarter handily beat analysts' estimates due to higher demand in North America.

  • Shoppers pass by a Coach area in Macy's, New York.

    Coach, which has been trying to regain its cachet in the luxury handbag market, reported its first growth in quarterly profit in three years.

  • Royal wedding dress designer sued for allegedly copying'design

    The head designer of label Alexander McQueen is being sued for allegedly stealing ideas for Kate Middleton's wedding dress.

  • Stephen Curry Under Armour basketball shoe is displayed in San Rafael, California.

    Under Armour beat earnings on Thursday, but Morningstar's Paul Swinand said he's wary of the company's costs and efficiency.

  • Super rich sporting super watches

    Check out the Rafael Nadal Richard Mille watch made for tennis star Rafael Nadal, with CNBC's Robert Frank.