It's Kors vs. Coach. Which is the better investment now, with Sapna Maheshwari, Buzzfeed; Stacey Widlitz, CNBC retail analyst; and Jan Kniffen, CNBC retail analyst.» Read More
Luxury retailer Burberry released lower-than expected earnings results on Wednesday, adding to growing anxiety about China’s impact on the sector. Despite this, one analyst sees bright spots in high-end retail.
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.
Even though it’s only July, car enthusiasts are already looking ahead to next year’s models to determine price, fuel economy and durability.
BMW is launching a luxury car-sharing program in San Francisco, reports CNBC's Phil LeBeau.
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.
Michael Schriver, Group President for Stores & Business Development at DFS, is banking on hopes that Chinese consumers will continue to loosen their purse strings for luxury goods.
The hottest trend in fashion of the moment is branded jewelry, as companies that specialize in ‘soft’ luxury goods debut ‘hard’ luxury lines.
Global luxury stocks have surged in the first-half of the year, driven by investor optimism over company earnings, but growing concerns over a further slowdown in global growth, particularly in the world's second-largest consumer of luxury products China, is putting into question whether the gains can be sustained.
A new study shows that 39 percent of luxury shoppers won't pay for premium brands with high ethical standards.
"A lot of these goods and services are priced in euros, so if you are looking at private aviation or hotels in Europe you see that they've been impacted by the strength of the pound against the euro. The other thing is the malaise in the euro zone impacting consumer confidence," Ronnie Armist, executive director at Stonehage Group, told CNBC.
Conflicting reports out of China continue to keep luxury investors wondering if the "immune" part of retail is about to crack.
Erwan Rambourg, Head of Consumer and Retail, HSBC Global Research said he sees Prada benefiting from growing sophistication of Chinese consumers and their preference for products with higher leather content.
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.
Luxury watch brands are launching high-end, high-tech smartphones with the craftsmanship traditionally associated with the art of watchmaking.
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.
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.
Italian fashion house Prada’s shares surged on Friday after profit doubled in the first quarter but one expert says investors should be cautious after a 40 percent jump in the stock this year.