Thursday, 19 Nov 2009 | Source: The New York Times
After a brutal year in which the nation’s luxury retailers were forced to offer their wares at stunning discounts, they are trying to get their magic back. And they may have found a way: deliberately running low on merchandise. The New York Times reports.
Wednesday, 28 Oct 2009 | Source: The Associated Press
The Versace fashion house on Wednesday announced it will cut 350 jobs worldwide as part of a reorganization aimed at returning the group to profitability in 2011.
Wednesday, 23 Sep 2009 | Source: CNBC.com
The clock is ticking for Switzerland’s watchmakers – and it looks like the G20 can do something to stimulate their Christmas sales.
Friday, 18 Sep 2009 | Source: The New York Times
The global economic crisis may have damped the appetite for high-end goods, but one small daily luxury — gourmet tea — has been posting surprisingly strong sales, prompting some tea brands to consider expanding around the world.
Friday, 11 Sep 2009 | Source: The New York Times
As another new fashion season debuts, against the chilliest retail climate in years, many believe this is not merely a difficult moment for high-end retail but a defining one as well.
At this point, stock index futures are pointing to modest gains at the open on Friday, as most markets in both Asia and Europe rose, with investors awaiting more macroeconomic data for clearer near-term market direction.
Friday, 28 Aug 2009 | Source: CNBC.com
At this point, stock index futures are pointing to modest gains at the open on Friday, as most markets in both Asia and Europe rose, with investors awaiting more macroeconomic data for clearer near-term market direction.
Friday, 24 Jul 2009 | Source: The Associated Press
Italy has blocked the nearly euro13-million ($18-million) sale of two luxury yachts believed to have been bound for the impoverished nation of North Korea in violation of international sanctions, authorities said Thursday.
Friday, 8 May 2009 | Source: Slate.com
Recessions make high-end marketers creatively desperate.
Posts |
TOPIC : Luxury Brands
17 Nov 2009
Harley-Davidson looked like a runaway bike down a steep mountain not long ago, but consumers may be returning as the economy recovers and luxury spending turns more positive.... Read More
28 Aug 2009
Luxury retail companies have been beaten down heavily due to the financial crisis, but they’re slowly starting to make a comeback as consumers start to open their wallets again, said David Schick, luxury retail analyst at Stifel Nicolaus, and Scott Krugman, vice president at National Retail Federation... Read More
26 Jun 2009
Posted By:David RussellCNBC Stock Blog
Brunswick has rallied 15 percent in three days, causing one big investor to bet that the debt-laden speedboat maker may have run too far... Read More
10 Jun 2009
Warren Buffett's big jewelry retailer in Omaha is feeling the recession's sting.... Read More
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