Fossil Inc's quarterly results breezed past analysts' estimates for the eighth straight quarter, helped by strong global watch sales. Fossil, which sells private-label products at mass-market retailers such as Wal-Mart Stores Inc.
Beginning February 15th, Macy’s will unveil the first line of its designer collaboration series launching with Kinder Aggugini. The collection will be available for a limited time at approximately 225 Macy’s stores nationwide and on macys.com.
Wall Street bankers, the ultra wealthy and even upper middle class shoppers are once again snapping up diamond rings, $10,000 handbags and designer gowns, priming the U.S. luxury sector for more deals.
As Zeades celebrates five years of existence in the upmarket jewellery segment, it enters the American market as a new born with the opening of its first boutique at the International Plaza shopping mall in Tampa, Florida.
France-based luxury conglomerate LVMH, through its unit L Capital, is set to acquire a significant minority stake in Gitanjali Gems' proposed unit that will control the Indian firm's branded jewellery and retail businesses.
In Dubai, whether it's chocolate truffles at $272 apiece or jewel-encrusted Dior mobile phones, shoppers are biting into luxury retail again after a downturn hit consumer spending in the Gulf Arab emirate.
Polo Ralph Lauren Corp said momentum from a strong holiday season should continue in the current quarter and it has been able to charge full price for more of its high-end clothing, helping push its shares to an all-time high.