Apparel Accessories and Luxury Goods


  • Luxury Retailers Will Shine Again: Strategists Friday, 28 Aug 2009 | 2:35 PM ET

    Luxury retail companies have been beaten down heavily due to the financial crisis, but they’re slowly starting to make a comeback as consumers start to open their wallets again, said David Schick, luxury retail analyst at Stifel Nicolaus, and Scott Krugman, vice president at National Retail Federation.

  • Futures Hold Gains on Economic Signals Friday, 28 Aug 2009 | 9:11 AM ET

    At this point, stock index futures are pointing to modest gains at the open on Friday, as most markets in both Asia and Europe rose, with investors awaiting more macroeconomic data for clearer near-term market direction.

  • Italy Blocks Sale of Yachts Bound for North Korea Friday, 24 Jul 2009 | 3:39 AM ET
    North Korean leader Kim Jong Il

    Italy has blocked the nearly euro13-million ($18-million) sale of two luxury yachts believed to have been bound for the impoverished nation of North Korea in violation of international sanctions, authorities said Thursday.

  • Brunswick has rallied 15 percent in three days, causing one big investor to bet that the debt-laden speedboat maker may have run too far.

  • Warren Buffett's big jewelry retailer in Omaha is feeling the recession's sting.  In another sign that even 'luxury' stores backed by billionaires aren't immune to the economic downturn, Borsheim's has laid off 13 employees.

  • Luxury as an Investment? Friday, 8 May 2009 | 11:47 AM ET
    The Enid

    Recessions make high-end marketers creatively desperate.

  • Debate on Trump Project Takes the Low Road Tuesday, 5 May 2009 | 10:19 AM ET
    Donald Trump

    Since refusing to let Donald Trump buy his house, inconveniently located in the middle of Mr. Trump’s planned $1.5 billion development in the countryside here, Michael Forbes has had an unusual number of visits from local enforcement officers.

  • Credit Crunch Couture Comes into Vogue Friday, 24 Apr 2009 | 11:53 AM ET

    As the global economic slowdown digs its heels in and consumers tighten their belts and fret about jobs, the Alternative Arts organization hosted its annual Alternative Fashion Week in Spitalfields market, London, a platform for young, new designers.

  • Retailers Fear an Un-Merry Christmas Monday, 30 Mar 2009 | 10:22 AM ET

    Shoppers may be thinking about spring, but some retailers are reluctantly setting their sights on Christmas.

  • Why a Long-Time Bear Has Turned Bullish Monday, 30 Mar 2009 | 9:05 AM ET

    A series of factors have emerged which have persuaded Michael Browne, portfolio manager at Sofaer Global Research, to become a bull after two years of bearishness, as the recent selloff is a "nice opportunity" to be investing in value stocks.

  • Is this the Year of the Recessionista? Tuesday, 24 Feb 2009 | 4:20 AM ET

    The current global slowdown is hitting those in every economic category, as even the very wealthy rein in spending.

  • Barbie Turns 50 Fashion Show Tuesday, 17 Feb 2009 | 11:56 AM ET
    17 Feb 2009Barbie turns 50 this March but the classic doll was still turning heads recently at New York's Fashion Week, where models styled as Mattel's fashion icon took to the catwalk in designer outfits.Over 50 world-renowned fashion designers, such as Vera Wang, Badgley Mischka, Tommy Hilfilger and Calvin Klein came together for the first time ever in New York and showcased real-size, Barbie-inspired looks.

    Over 50 world-renowned fashion designers came together for the first time ever in New York and showcased real-size, Barbie-inspired looks. Check out the photos!

  • Despite Economy, the Show Must Go On in Hollywood Thursday, 12 Feb 2009 | 9:35 AM ET

    It's a city where perception is reality and image is everything. But Hollywood is having trouble keeping up appearances in the midst of the nation's economic downturn, even during its splashiest, most self-celebratory time: awards season.

  • 2009 Mercedes S550

    The trustee overseeing the liquidation of Mr. Madoff’s brokerage firm has asked a federal bankruptcy judge to allow him to cancel leases on six luxury vehicles that the firm had rented, the New York Times reports.

  • Barack-Tails Monday, 19 Jan 2009 | 11:10 AM ET
    In the days leading to the inauguration of Barack Obama as the 44th President of the United States, the buzz is building about the inaugural balls. And what’s a party without a few cocktails?  Here’s a sampling of the special cocktails being served at the celebrations, along with their recipes.

    Here’s a sampling of the special cocktails being served at the inaugural celebrations, along with their recipes.

  • Tiffany: Options Clues Ahead of Sales Report Monday, 12 Jan 2009 | 3:08 PM ET

    A large put trade has been made in Tiffany as its shares have fallen ahead of its holiday sales report Wednesday. One trader this morning bought 10,000 of the January 20 puts...

  • Are Luxury Retail Stocks a Diamond in the Rough? Wednesday, 10 Dec 2008 | 10:57 AM ET
    Tiffany Gift Box

    The luxury sector is usually resilient during economic downturns but this one is so severe, it’s taken luxe retailers — and their stocks — with it. So, does that mean it’s time to add a few baubles to your portfolio?

  • Luxury Brands Struggle to Attract Clients Wednesday, 29 Oct 2008 | 11:02 AM ET

    With even the rich feeling financially pinched, businesses are quietly offering discounts on everything from spa services to private jets.

  • Even In Crisis, Demand for Exotic Handbags Persists Thursday, 9 Oct 2008 | 12:27 PM ET

    Home foreclosures are up, the market is down, unemployment is high, and consumer spending is flat. These days, nobody wants to buy a five-figure handbag—or do they? Portfolio.com reports.

  • New York's Fashion Week Kicks Off Monday, 8 Sep 2008 | 10:29 AM ET
    DKNY Spring 2009Protestors from PETA rushed the runway of the DKNY show during New York Fashion Week.

    The billion dollar business that is Fashion Week kicks off with its presentation of Spring 2009 lines. Check out the highlights!