Luxurygoods


Neiman Marcus Q1 Profit Triples

Neiman Marcus

Dallas—Mirroring increases that many European luxurygoods companies have been reporting recently, Neiman Marcus Inc. posted today … [Read more...]

Hermes Prepares to Battle LVMH

LVMH-Hermes

Paris--Hermès International SCA said it hired BNP Paribas SA and Bank of America Corp. as advisers to help fend off a possible … [Read more...]

Tiffany Q3 Profit Shines at 27% Increase

Tiffany blue box

New York—Buoyed by improving demand for jewelry in the United States and strong growth in Asia, Tiffany & Co. reported today … [Read more...]

Nordstrom, Saks Q3 Profits Rise, Predict Better Q4 Sales

Saks Fifth Avenue flagship

Women are returning to buying full-price fashion classifications, especially dresses, footwear and fashion jewelry, according to … [Read more...]

Burberry’s First Half Up 46%

Burberry storefront

London--Burberry today booked a 46% hike in first-half pre-tax profit, helped by strong growth of its apparel and leather bags in … [Read more...]

Richemont Half Year Profit Jumps 88%

Richemont

Geneva—While Richemont reported Friday that profit from its luxury brands such as Cartier, Mont Blanc and Van Cleef & Arpels, … [Read more...]

Hermes Lifts Full-Year After 31% Q3 Sales Increase

Hermes window

Paris—Hermès continues to make news in luxury retailing and this time it’s not just about the recent fight over LVMH’s “hostile” … [Read more...]

Report: U.S. Retail Swings to Positive Momentum

Shopping Street

Purchase, NY—Retail sales in October continued a momentum that puts many fashion categories into strong positions heading into the … [Read more...]

Gucci Brand Helps PPR’s 3Q Sales Rise 13%

Gucci 2011

Paris—PPR, the luxurygoods conglomerate that owns Gucci, Yves Saint Laurent and Bottega Veneta, reported Thursday that its third … [Read more...]

Luxury Forecast: A Drought Ahead?

Pam Danziger's new book on the changing luxury marketplace

New York—While some luxury brands have been trumpeting a rebound in the luxury market, one leading expert says it may still be too … [Read more...]

Coach Reports 34% Surge in Q1 Profits

Coach Logo

New York—Coach reported today a 34% increase in first-quarter profit after luring more shoppers with collections that hit more … [Read more...]

Bain: Luxurygoods Sales Recover This Year, Slow Down in 2011

Luxury Goods

Milan--The United States and Asia have been behind an unexpectedly strong recovery in luxury spending this year but sales are … [Read more...]