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. » Read More
Traders will look to retail data next week for further support of economic growth — from the consumer.
European stocks closed sharply higher Friday, as investors cheered China's central bank as it cut interest rates and digested more earnings.
The bullish outlook for the U.S. may be undermined by negative earnings warnings this week in nearly every sector of the domestic economy.
Europe closed higher on Thursday, as investors shrugged off the downturn in oil prices and concentrated on corporate earnings.
With slowing growth in China rattling international stock markets, the luxury goods sector in Europe has seen heavy losses.
Fashion house missed forecasts for first-half and highlighted an increasingly challenging environment for luxury sales.
European equities ended in the red on Wednesday, as investors failed to shake off concerns over the economic slowdown in China.
European stocks closed in the red on Tuesday as investors failed to shake off fresh concerns of a slowdown in China's economy.
Asia & luxury once slotted together as well as Cinderella and the glass slipper, but as China’s economic situation deteriorated, is this still true?
British luxury designer Burberry will show off its latest fashion collection on Snapchat before it hits the runway at London Fashion Week.
The recent stock market rout and currency devaluation have dealt a blow to China's luxury market, the New York Times reports.
European stock markets closed sharply lower on Wednesday, as investors tried to understand the state of China's economy.
The yuan devaluation may have a tougher impact on global companies than previously thought, as China’s drive to produce top-quality goods intensifies.
As China’s central bank devalues the country’s currency for the second time in two days, one sector is expected to be hit the hardest: luxury.
European equities ended sharply lower on Tuesday, amid the surprising news that China has allowed a "one-time" depreciation of its currency against the U.S. dollar.
European equities ended higher on Wednesday as investors eyed a Greek parliamentary vote on a raft of reform measures.
Burberry posted underlying growth of 8 percent in first quarter retail revenue, a slowdown from the previous period.
Retail analyst Stacey Widlitz says there are fresh reasons to worry about the Chinese consumer's appetite for luxury goods.
As if the luxury goods industry was not already fragile, the chairman of Richemont, warned of the damage it faces from growing wealth inequality. The Financial Times reports.
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