Luxury fashion retailers are gaining ground online — but they're still lagging much of the retail industry when it comes to digital sales.
Payments company Adyen processed $90 billion in transactions in 2016 for companies like Airbnb, Spotify, Netflix and Uber.
High-end retailers need to pump the brakes on their expansion plans.
European stocks closed slightly higher on Wednesday as investors digested a number of corporate reports.
At a time of year when fragrance typically reigns supreme, cosmetics are giving the popular gifting item a run for its money.
European stocks ended sharply higher on Wednesday, after starting the session with significant losses, as investors digested Donald Trump's win in the U.S. presidential race.
Is it time for the luxury sector to move on from a tale of woe after the crackdown on Chinese consumption and the weak global growth?
European stocks posted solid gains by Tuesday's close, as investors cheered on the sharp uptick seen in mining stocks, while digesting earnings.
British luxury fashion label Burberry reported a better-than-expected 2 percent rise in retail sales in its second quarter.
Richard Hunter, head of research at Wilson King Investment Management, comments on luxury fashion brand Burberry and how it may benefit from weak sterling.
European stocks came off their session lows in afternoon trade Friday to trade 0.1 percent higher.
European stocks ended mostly mixed on Wednesday, as a renewed decline in oil prices put a dampener on sentiment.
China’s luxury consumers are moving beyond bricks and mortar and going online for their next python-skin handbag fix.
Tesla hired an Apple executive with experience in digital retail for high fashion and tech brands.
European stocks closed mostly lower on Wednesday as equity markets struggled to hold gains, despite hopes of further monetary easing around the world.
SW Retail Advisors president, Stacey Widlitz reacts to Burberry’s latest earnings, while commenting on what she expects from the upcoming chief executive, Marco Gobbetti.
Burberry reported a 3 percent drop in like-for-like sales in a "challenging" first quarter, underlining the size of the task facing Marco Gobbetti when he takes over as chief executive.
Michelle McGrade, chief investment officer at TD Direct Investing, looks at the change of leadership at U.K. brand, Burberry, adding that she’s quite bullish on the luxury sector.
Shares of Burberry shot up by 6 percent after the company announced a new CEO on Monday.
The U.K. vote adds yet another wave of uncertainty to sales and profits at high-end retailers.