David Schick News
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Coach Inc.’s handbags and heels are offering buyers one of the biggest bargains among luxury brands.
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Barnes & Noble Inc. gained after Chairman Leonard Riggio said he will offer to buy the stores and website of the chain he founded more than 40 years ago as it struggles to navigate the rising popularity of digital books.
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The payroll tax increases and delayed tax returns that Wal-Mart Stores Inc. executives blamed in internal e-mails for weak February sales may be poised to hurt other retailers as well.
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Tiffany & Co., the world’s second- largest luxury jewelry retailer, said full-year earnings will be at the low end of its forecast after holiday sales growth slowed in the Americas and Asia. The shares fell.
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McDonald’s Corp. and Wal-Mart Stores Inc. are getting a boost from value-minded consumers as rising commodity costs constrain discretionary income and confidence in the economy wanes.
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Duane Morris LLP hired former K&L Gates LLP intellectual-property litigator Karineh Khachatourian to head its new office in Palo Alto, California.
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With Europeans and Asians buying fewer $65,000 diamond necklaces and $10,000 amethyst earrings, Tiffany & Co. may be in for a less-than-glittering 2012.
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Tiffany & Co., the world’s second- largest luxury jewelry retailer, jumped the most in a year after reporting a drop in worldwide comparable-store sales that was smaller than some analysts projected.
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U.S. stocks advanced, sending the Standard & Poor’s 500 Index to the highest level in five years, amid better-than-estimated data on Chinese exports.
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Coach Inc. plunged the most in more than five months after the largest U.S. luxury handbag maker reported fiscal second-quarter profit that trailed analysts’ estimates, hurt by lower demand in North America.
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