Will cheaper fuel cause consumers to spend more in the U.S. retail sector? Oliver Chen, senior analyst at Cowen and Company, says he thinks that luxury brands like Tiffany, rather than lower-end retail, will benefit from the fall in the price of oil.» Read More
The "Fast Money" traders discuss the growth opportunities for Under Armour in 2015.
Scott Kessler, S&P Capital IQ, provides his predictions on which companies will likely make inroads in the wearable tech space. Apple will likely be the leader in this category, says Kessler.
Allen Questrom, former JC Penney chairman and CEO, expects a good retail holiday season.
LONDON, Dec 9- Rising demand led by the United States and tighter supplies will boost the diamond market in coming years, but challenges to growth will include access to financing and the need for increased marketing, consultancy Bain said on Tuesday. Rising demand in the United States, the top retail market for diamond jewelry, followed by China and India, will...
Dec 5- Private equity firm JH Partners has sold its 40 percent stake in jeweler Alex and Ani, according to people familiar with the matter, who added the charm bracelet maker could be worth as much as $1 billion. San Francisco- based JH Partners, which bought the stake in 2012, sold its holding to British buyout firm Lion Capital LLP, three people confirmed this week.
Jackson Wong, Associate Director at United Simsen Securities, says the Italian fashion house is seeing declining sales on the back of China's anti-corruption efforts.
Francis Gouten, Director at Gouten Consulting, says the pro-democracy movement is worsening the downturn in Hong Kong retail and services.
The U.S. is the biggest market for diamonds, followed by China's and India, says Stephen Lussier, CEO at Forevermark at De Beers.
*Platinum, palladium traders sued by jewelry maker. NEW YORK, Nov 25- Goldman Sachs Group Inc, Germany's BASF SE and two other big platinum and palladium dealers have been sued in the United States in what the plaintiff's law firm called the first nationwide class action over alleged price-fixing of the metals. In a complaint filed on Tuesday in the U.S. District...
It's the holiday season which, to some, means it's time to splurge. Here's a look at a few items on this season's most-wanted wish list.
Paul Swinand, Equity Analyst at Morningstar, expects Macy's and Target to see good sales in the upcoming holiday season while Kohl's may continue to struggle. He also explains what that means for investment strategy.
Architect-turned-designer Francis Bitonti wants to find out what happens when cutting-edge technology meets fashion.
Luxury retailer Bloomingdale's is selling an 18-karat gold ring, prominently emblazoned with a 1 carat diamond hashtag.
Jimmy Choo, the luxury shoemaker, has raised 140p per share in an IPO on the London Stock Exchange valuing it at £545.6 million ($877 million).
Philippa Malmgren, founder of DRPM Group, says investors are still concerned about the luxury slowdown in China as Jimmy Choo - known for its high-end shoes - sets its IPO price at 140 pence ($2.25) a share.
*COO Mark Light to succeed Michael Barnes from Oct. 31. Oct 14- Signet Jewelers Ltd said Chief Executive Michael Barnes resigned to be closer to his family, becoming the second top executive in three months to leave as the company digests its acquisition of Zale Corp, its largest deal so far. The parent of Kay Jewelers said Chief Operating Officer Mark Light would...
Oct 14- UK- based Signet Jewelers Ltd said Chief Executive Michael Barnes resigned to be closer to his family in the United States, becoming the second top executive in three months to leave for the same reason. The parent of Kay Jewelers said Chief Operating Officer Mark Light would succeed Barnes, effective Oct. 31. The deal, which closed in May, combined the two...
Oct 14- Signet Jewelers Ltd, the largest U.S. specialty jeweler, said Chief Executive Michael Barnes had resigned, effective Oct. 31.
Jean-Marc Lieberherr, Managing Director of Rio Tinto Diamonds, introduces the firm's extremely rare red and pink diamonds, which will be featured at its exclusive annual sale in Hong Kong.
LeBron James may be one of the biggest names on the basketball court, but his shoe sales still can't touch No. 23.