Hong Kong's Causeway Bay may lose its crown as a slowdown in mainland tourists hits store sales, paving the way for its first drop in a decade.» Read More
Apple has welcomed its long-awaited new retail chief Angela Ahrendts with a stock grant worth to $68 million, the Financial Times reports.
May 5- Apple Inc granted its new retail chief 113,334 restricted stock units, the company said in a regulatory filing late on Monday, valuing at $68.1 million based on Monday's closing share price. Apple announced the appointment in October, but Ahrendts only started her job at Apple on May 1.
European shares closed higher on Wednesday, as better-than-expected Chinese growth data and a slew of earnings releases buoyed sentiment.
European markets closed higher on Friday, capping off a week which saw investors absorb U.S. data and brush aside Ukraine concerns.
A new report suggests that future growth for luxury will come from a new consumer. They're called YUMMY's—Young Urban Males.
Luxury stocks fell after Russia's invasion of Crimea raised the risk that European governments could impose visa restrictions on Russian shoppers.
Click ahead for some highlights from London Fashion Week Autumn/Winter 2014 and catch some of the trends we'll be seeing later on this year.
With 20 percent of the S&P 500 reporting so far, CNBC took a look at what words top executives are using (over and over) to talk about their numbers.
China Mobile finally starts selling iPhones on its massive network, with focus on how big a slice Apple can carve out in the booming Chinese market.
British luxury brand Burberry posted a 14 percent rise in underlying retail revenue in the Christmas quarter.
Does Christopher Bailey's promotion to CEO of Burberry signal a turning point in the visibility of gay people at the top levels of business?
China shares have enjoyed a three-month-long rally and now it's time for investors to turn selective, analysts said.
The "Mad Money" host outlined the reasons he thinks the technology company's stock is attractive amid a "red-hot market."
European equities closed higher on Wednesday as investors bet on an imminent deal in Washington to avert a U.S. debt default.
When you think of Apple, you think of style, but not fashion. This makes the company's second major senior-level hire all the more perplexing.
Apple beat J.C. Penney in bid to hire Burberry's CEO Angela Ahrendts, The Wall Street Journal reported on Tuesday.
There's a lesson for companies in Apple's hire of Burberry CEO Angela Ahrendts: Your outfit may not really match its true image with the public.
European equities closed higher on Tuesday, as expectations of an imminent debt deal in the U.S. encouraged global market sentiment.
Apple's hiring of Burberry's Angela Ahrendts might seem baffling, but Ahrendts is perfect because Apple is a luxury brand first and a technology company second.
Christopher Bailey will take over from Angela Ahrendts at Burberry, following the latter's departure for Apple.