Michael Kors is challenging its European foes by opening stores near other high-end labels and using its price positioning, according to a report.» Read More
CHICAGO— Chicago unveiled a $26 million overhaul of O'Hare Airport's international terminal on Friday, showing off two dozen new high-end dining and shopping options. Mayor Rahm Emanuel said Friday that the redesign, which includes local brands, does a better job of representing Chicago to those who pass through the airport, the second busiest in the country.
Stock and bond investment ideas from hedge fund managers at the Absolute Return Symposium in New York.
The sudden death of L'Wren Scott brought to light a concern for the future of labels led by the names branded on their products.
Barclays initiated coverage on the U.S. luxury sector on Monday, saying it's bullish on the category's accessible positioning.
Some of Tuesday's midday movers:
While analysts' bullish attitudes were aimed at the same sector, they gave differing opinions on where consumers' dollars are headed.
Jim Cramer has noticed a growing skepticism in the market concerning valuations. Is it warranted?
As shoppers continue to shift their spending to the Web, traditional retailers are missing out on the impulse buy.
*Louis Vuitton, Gucci sales growth slows to low-single digit. After years of rampant expansion, Kering and LVMH, Gucci and Louis Vuitton's respective parents, are finding the likes of Michael Kors are proving smarter at tapping the fast-growing middle classes, particularly in big markets such as China.
Kate Spade intends to remain focused on its core product line, CEO Craig Leavitt says.
Feb 25- Fifth& Pacific Cos Inc's revenue jumped 22 percent in the holiday quarter as its trendy kate spade handbags proved a hit with shoppers. Shares of Fifth& Pacific, which said earlier that it would change its name to Kate Spade& Co, will trade under the new "KATE" symbol from Wednesday on the New York Stock Exchange.
With economic data muted and the stock market in rally mode, Jim Cramer thinks these stocks are likely to attract bulls.
The trends at New York Fashion Week will be difficult to duplicate at fast fashion retailers such as H&M and Zara.
NEW YORK, Feb 13- Ralph Lauren, Michael Kors and other designers at the close of New York's Fashion Week on Thursday showed swathes of color as sweeping as the outdoors in collections inspired by America's landscapes and rugged coastlines. Fashion shows now move to London, Paris and Milan.
Feb 11- Fashion accessory maker and retailer Fossil Group Inc reported better-than-expected quarterly results as it sold more watches and jewelry in North America, its largest market. Fossil sells watches ranging from $7 to upwards of $2000, under brands such as Armani Exchange, Marc by Marc Jacobs and Michael Kors.
A combination of profit-taking, concerns about growth in emerging markets and the Federal Reserve's decision to keep trimming its monthly bond-buying stimulus has sent the benchmark S&P 500 down 4 percent since the end of 2013. As a result, only one out of the 1,781 large-cap growth funds tracked by Morningstar has a positive return for the year through Feb. 5, and that one- the tiny $10.2 million Upright Growth Fund- is up just 1.1 percent.
CNBC's Krystina Gustafson discusses how Coach will partake in NYC fashion week in an effort to better compete with its more fashion-forward competitors such as Michael Kors and Kate Spade.
Coach is making its debut at New York Fashion Week, in an effort to woo shoppers back from its more fashion-forward competitors.
What will the nasty forces in this market do to you next? The magnificent seven may help you fight back.
*Michael Kors stock soars after results. *J.C. Penney shares slide after bearish comments. *Yum Brands Inc reaffirms 2014 profit outlook, shares jump.