The economy needs the kick-start of high-earners buying luxury goods, but a new survey says rich consumers are no more confident than the rest of us.
As the Chinese boom slows Hermes, Remy and other posh names are still going full throttle in Asia.
More states are moving to impose new sales taxes for online purchases, reports CNBC's Courtney Reagan, and Stacey Widlitz, SW Retail Advisors, offers insight. "I think Amazon is giving in and paying taxes, because this gives them the ability to build more distribution centers and ship on a same-day basis," says Widlitz. Dani Hughes of Divine Capital Markets CEO, weighs in.
The economic slowdown in China is impacting Burberry sales, reports CNBC's Courtney Reagan. Stacey Widlitz of SW Retail Advisors, and Erika Maschmeyer of R.W. Baird, provide perspective.
While many retailers won't report earnings results until near the end of the "season", Britain's luxury-retailer Burberry released its fiscal first quarter financials Wednesday, and it's not a positive ringing endorsement for high-end spending.
Samsung Electronics has emerged as the most valued brand by consumers in Asia, ending a four-year reign by Japanese competitor Sony and ahead of close rival Apple, according to a survey by research firm Nielsen and media magazine Campaign Asia-Pacific.
The hottest trend in fashion of the moment is branded jewelry, as companies that specialize in ‘soft’ luxury goods debut ‘hard’ luxury lines.
A new study shows that 39 percent of luxury shoppers won't pay for premium brands with high ethical standards.
Conflicting reports out of China continue to keep luxury investors wondering if the "immune" part of retail is about to crack.
In the handbag wars, “Mad Money” host Jim Cramer considers Coach spacer and Michael Kors spacer two very strong contenders. But ask him to pick a winner, and the answer is a nuanced one.
No wonder tennis star Rafa Nadal was so sad about losing his watch this week. The company that makes it is totally sold out of the product.
The $370,000 luxury watch owned by tennis great Rafa Nadal was stolen..and now found.
Global management consulting firm A.T. Kearney takes an annual look at which emerging markets are ripe for retail expansion.
The wealthy have been turning to the concrete value of collectibles during the financial crisis. But some of the sector's stability is illusory.
In the past, investors rarely cared much about off-the-job spending by CEOs. But in the current climate, the yacht and Ferrari habits of CEOs may, indeed, be relevant to investors.
Despite weak earnings guidance, this investor expect Apple-like results, albeit on a smaller scale, from Lululemon Athletica later this year.
Click ahead to see the vintage guitar with the deepest cred —and some of the highest prices paid by enthusiasts.
Economic growth in China has created a voracious appetite for luxury goods. Now wealthy shoppers there are shunning labels they see as tainted by the common touch.
Tiffany’s been dropping for weeks, and option traders are positioned for an even deeper plunge.
As Asia cools and Europe’s middling wealthy hunker down, the super-rich are expected to be the prime movers in the market for luxury goods.