Apple's new Watch sells for an average of $529, including accessories, at the high end of Wall Street estimates.» Read More
CNBC's Courtney Reagan reports many retailers are counting on the days following Christmas for a boost in holiday sales.
In March, Nike, for the first time in five years, missed analysts’ expectations and its stock plummeted more than nine percent on a single day. The company couldn’t achieve the margins it wanted because of the high costs of making and shipping its shoes and clothes.
The International Council of Shopping Centers and Goldman Sachs predict a December increase in shopping, up 4% over last year. CNBC's Courtney Reagan has the details of the luxury boom this season. Also, Edward Yruma, KeyBanc Capital Markets senior retail analyst takes a closer look at the current state of specialty retail.
Any pull back in spending by wealthy Chinese could spell disaster for the luxury goods industry, which is looking to China for growth as markets in Japan and Europe slow.
Divorced couples sometimes have to see each other at work. Some share ownership of a business but communicate only through lawyers and underlings. Others go on 300-day international stadium tours together.
Robert Taubman, Taubman Centers, chair, president & CEO, highlights record sales in November for Black Friday and Cyber Monday, and what to expect for retail in December.
There's a new list of the most shoplifted items out and there are some predictable things on it, like booze, razor blades and Elmo dolls. But meat? Thieves of America, what is the meaning of this?
Look for a huge corporate spin-off, a major apparel merger, rock bottom bond yields, hedge fund failures and an election defeat for President Obama.
Many luxury goods have existed for centuries and enjoyed widespread popularity despite official bans. What are some in-demand luxury goods that have been banned?
Contrary to what might be a popular perception, men and not women make up the bulk of consumers buying luxury goods in China. Over the past 12 months, Chinese men on average spent 61 percent more than women on fragrances and 52 per cent more on watches, according to McKinsey.
Luxury retailer's guidance could spell trouble for sector, but all high-end retail stocks are not created the same, Fast Money pros said.
The apparel maker saw a 31 percent year-to-date increase in its stock price, but now might not be the time to buy it, Fast Money pros said.
A look at whether the retail sizzle will soon fizzle, with Marshal Cohen, The NPD Group chief industry analyst, who says consumers are spending on themselves more this year due to pent up demand and the wait for discounts.
As retailers race to earlier and earlier opening times, kicking off Black Friday on Thanksgiving Day, one California shopping mall is taking a more laid-back approach.
Rarity, complexity and condition make all the difference when looking for a luxury watch. But while there are major gains to be made, it takes a good eye to know the difference between a clever investment, and a waste of time.
Global brands must localize . No longer does simply transporting what worked in the Western world to markets like China work.
Wealthy Americans may appear to the masses as a unified group, but there is divergence in the attitudes of the rich toward holiday spending this year – which means that the key to how the holiday season unfolds may rest in the hands of the wealthiest.
One way to ride the surge in China’s wealth is to invest in stocks of luxury brands, say analysts. Here are some of their top picks.
Asia’s image-conscious rich are spending big money on adding frills to their million-dollar yachts.
Too many people are beginning to own a Louis Vuitton in China. which is eroding the luxury brand's exclusivity.