Coach Q2 Earnings Slide Again; Executives Shifts Announced


New York—Coach Inc. today reported that its second quarter profit and sales fell but its turnaround is starting to take hold. The … [Read more...]

Richemont Q3 Sales Stall on Hong Kong Protests


Geneva-- Cie. Financiere Richemont SA, the Swiss luxurygoods parent to Cartier, Van Cleef & Arpels, Montblanc etc, today … [Read more...]

Coach to Pay Up to $574 Million for Stuart Weitzman from Sycamore Partners

Picture-Perfect Pals: Stuart and Gisele Bündchen reunite for the ‪SS15‬ ad campaign, as photographed by Mario Testino

New York—In its first acquisition, Coach Inc. today revealed it has signed a definitive agreement with private equity firm … [Read more...]

Prada Q3 Profit Plummets as Sales Slowdown

PRADASPHERE: A special exhibition exploring the universe of Prada.

Milan--Prada reported today that its third quarter profit dropped 44% as sales declined. The luxurygoods company said it plans to … [Read more...]

Does Rudeness Boost Sales in Luxury Stores?


Vancouver--A study by the University of British Columbia’s Sauder School of Business suggests that snooty service may actually … [Read more...]

Scrooge Syndrome: Affluents’ Confidence Dips to Great Recession Lows

Wealthy Shoppers

Stevens, PA--Call it the "Scrooge Syndrome." The consumers who have the money--and loads of it--are worried about the economy and … [Read more...]

Tod’s 9-Month Profit Falls 21.6%

Tod’s Portraits enters the world of Sonia Sieff, the French photographer and film director.

Ancona, Italy—Tod’s reported that its nine-month profit dropped 21.6% as costs rose and fewer of its high margin leathergoods were … [Read more...]

Currency Exchanges Hit Burberry’s First Half Profit

The Orchard in military red for Autumn/Winter, crafted from textured leather and embossed with the iconic check.

London—Burberry Group Plc today blamed foreign currency exchange rates for its reduced half year earnings.For the six month … [Read more...]

Hermès Q3 Sales Rise Despite Faltering Asian Sales


Paris—Hermès International SA said today that its third quarter sales grew 10.6% despite slower demand in Greater China.Sales … [Read more...]

Ralph Lauren Q2 Better-Than-Expected, But Forecast Disappoints

The best-selling Soft Ricky handbag

New York— Ralph Lauren Corp. today reported a much-better-than expected Q2 profit, but the company’s annual forecast disappointed … [Read more...]

Coach Shares Fall as Its Q1 Results, Forecast Dismay

Mini Studs Edie, a favorite style this fall

New York—Despite reporting today a first quarter profit that beat estimates, Coach saw its share fall as the leathergoods company … [Read more...]

Item of the Day: Deepa Gurnani


Winter breezes are blowing leaves off the trees in an ominous way. Weather forecasters and trend forecasters have said that this … [Read more...]