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.» Read More
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.
Patrick Armstrong, CIO of Plurimi Investment Managers, says a weaker euro will help luxury goods companies' earnings.
Italy's Luxottica overhauled its top management structure on Monday after Chief Executive Andrea Guerra left due to rifts with Chairman Leonardo Del Vecchio.
Michael Barnes, Signet Jewelers CEO, discusses what's driving sales growth and reveals what categories are leading the way.
Tiffany delivered earnings that surpassed analysts' expectations on Wednesday, and the retailer raised its full-year outlook.
Aug 27- Upscale jeweler Tiffany& Co raised its full-year profit forecast for a second time following a better-than-expected quarterly profit, driven by strong sales in the Americas and Asia-Pacific regions. Same-store sales in the Asia Pacific region grew 7 percent, driven by strong demand in Greater China and Australia.
Insight to luxury brand Ralph Lauren's new high-tech shirt, with David Lauren, Ralph Lauren executive vice president of global advertising and marketing.
Jon Cox, head of European consumer equities at Kepler Cheuvreux, says the threat to luxury timepieces from smartwatches is "overdone" and stabilization in China will see luxury stocks rally.
Jon Cox, head of European consumer equities at Kepler Cheuvreux, says there are "serious signs" of a slowdown in spending by Russians on luxury goods.
Tailors on London's famous Savile Row - where suits sell in excess of $6000 - are now looking to take their luxury offerings to China where consumers are looking for the perfect suit.
Swiss watch exports to China saw a bumper 49 percent rise in July from the same time last year, industry figures show, a remarkable return to growth.
Italian designer Roberto Cavalli is in talks to sell a majority stake in his eponymous fashion house to VTB Capital.
CNBC's Courtney Reagan reports the death of denim is going beyond teenagers.
Coach reported better-than-expected revenue, helped by a 7 percent rise in sales of its clothes, shoes, and handbags in international markets.
Michael Kors shares were down about 7% in midday trading. Dorothy Lakner, Topeka Capital Markets, and Carter Worth, Sterne Agee technician, discuss the areas of concern that drove the stock price down.