Luxury


Neiman Marcus Swings into Q1 Loss on Buyout Costs

Neiman Marcus

Dallas—Neiman Marcus Group today reported it swung into a first quarter loss due to more than $100 million in costs associated … [Read more...]

Higher Costs Weighed on Mulberry’s First-Half Profit

Mulberry's Clemmie clutch and envelope wallet in metallic mushroom

Somerset, England—Mulberry Group reported today its first-half profits slumped 30%, after higher costs related to its continued … [Read more...]

Ralph Lauren Q2 Profit Edges Down, But Raises Sales Forecast

Ralph Lauren: Hopeful for the holidays

New York—Ralph Lauren Corp. today reported a 4.2% decline in its second quarter profit, but still raised its full year sales … [Read more...]

Barneys Hires Civil Rights Expert Following Racial Discrimination Charges

Last year Change.org started a petition sign asking Jay Z to quit his relationship with Barneys New York

New York—In the wake of a public outcry following alleged incidents of racial discrimination by its sales associates, Barneys New … [Read more...]

Wealthy Consumers Retail Fav: Neiman Marcus

Neiman Marcus

New York—When it comes to providing the luxury retail experience—either online or in store—one retailer rises above: Neiman … [Read more...]

Falling Confidence, Sales Reveal Even Affluent Consumers Worried

Luxury Holiday 2013

Stevens, PA—The latest consumer holiday spending report—this one for the nation’s most affluent consumers—may be even more … [Read more...]

Week in Review: The 10 Online Articles Not to Miss

Holiday Shopping

New York—As it has in almost every media outlet, the U.S. government shutdown—and the impending deadline for the debt … [Read more...]

Richemont: Net-a-Porter is Not for Sale

Fall must-haves at Net-a-Porter: Gucci skirt, Lanvan handbag, Aquazzura shoes

Bellevue, Switzerland—Cie. Financiere Richemont SA, the luxurygoods conglomerate that owns Cartier, Van Cleef & Arpels, … [Read more...]

Affluent Consumers to Give Boost to Holiday Gift Sales?

Holiday Shopping

Atlanta–While retailers report they are concerned that the general population may be pulling back on non-essential, discretionary … [Read more...]

Neiman Marcus Group Now Offers Free Shipping, Returns for All Purchases

NEIMAN MARCUS GROUP FREE SHIPPING FREE RETURNS

Dallas—Neiman Marcus Group upped the ante today in increasingly competitive online shopping by instituting free standard shipping … [Read more...]

Neiman Marcus Swings into Q4 Profit as Sales Hit Peak

Neiman Marcus

Dallas—Some good news for Ares Management LLC and the Canada Pension Plan Investment Board, who confirmed last week plans to buy … [Read more...]

Krakoff, Investors Take Control of Reed Krakoff Collection

Reed Krakoff Spring 2014 collection at New York Fashion Week

New York—Reed Krakoff, former Coach president and creative director, held his Spring 2014 runway show for his eponymous collection … [Read more...]