More members of the Chinese elite are eschewing flashy logos for bespoke goods. CNBC's Julia Wood reports.» Read More
As Instagram tries to make money, it finds itself in some ways competing with its own users for ad dollars.
March 27- Signet Jewelers Ltd, the owner of the Kay Jewelers chain, on Thursday forecast more growth in same-store sales this new fiscal year, helped by its push into branded, exclusive jewelry.
Lululemon Athletica forecast lower-than-expected current-quarter results, after posting a profit that was almost unchanged from a year earlier.
It's the guys turn in the trillion dollar luxury industry. CNBC's Robert Frank explains the rise of the "YUMMY.'
A new report suggests that future growth for luxury will come from a new consumer. They're called YUMMY's—Young Urban Males.
Tiffany reported a loss in the fourth quarter, due primarily to losing an arbitration ruling involving The Swatch Group.
France's Hermes - maker of the iconic Kelly and Birkin leather handbags - posted a solid set of numbers Thursday, while across the Channel the CEO of Mulberry quit in the latest bout of turbulence for the group.
Rahul Sharma, founder and managing director at Neev Capital, says Morrisons is losing out to discount grocers and is late to come to the online market.
Allegra Perry, managing director at Cantor Fitzgerald, says currency movements have had a negative effect on luxury brands' earnings.
CNBC Retail Analyst Stacey Widlitz, says retailers will see a slowdown in mainland China as more Chinese are traveling overseas and purchasing abroad.
FMHR trader Pete Najarian thinks Under Armour can outpace Nike over the next several quarters, while Stephen Weiss thinks Nike is a better buy.
Men's Wearhouse said it has raised its cash tender offer for rival men's clothing retailer Jos. A. Bank Clothiers to $63.50 per share from $57.50.
U.S. speed skating extended its deal with Under Armour to make its uniforms. The FMHR traders take their positions on the stock.
Gucci could be losing its luster, after reporting fourth quarter stagnating sales growth on Friday, amid a slowdown in Asia.
François-Henri Pinault, CEO of Gucci parent-company Kering, says he is unconcerned by Gucci's slowing sales growth.
Discussing its acquisition of Zale, and the benefit for shareholders and consumers, with Michael Barnes, Signet Jewelers CEO.
*Deal would mean big payday for Zale shareholder Golden Gate Capital. Feb 19- Signet Jewelers Ltd is buying smaller rival Zale Corp for about $690 million, an acquisition it said would strengthen its place in the U.S. jewelry sector and let it tap new markets. The price of $21 per share is a 41 percent premium over Zale's close on the New York Stock Exchange on Tuesday.
Feb 19- Signet Jewelers Ltd on Wednesday said it would buy smaller rival Zale Corp for about $690 million in a deal that would strengthen its hold on the U.S. specialty jewelry sector and let it tap new markets. That is a premium of about 41 percent to Zale's close on the New York Stock Exchange on Tuesday.
*Signet offers $21 per Zale share, premium of about 41 pct to Tuesday close. Feb 19- Kay Jewelers parent Signet Jewelers Ltd agreed to buy smaller rival Zale Corp for about $690 million, cementing its position as the largest North American jewelry chain. Zale has six retail brands, including Zale's and Peoples, and operates around 1,700 stores in North America.
Allegra Perry, managing director at Cantor Fitzgerald, says fashion shows like London Fashion Week are a "vital" part of marketing for luxury brands.