Stacey Vanek Smith
Sep 11, 2012 Shares of Burberry are down more than 18 percent this morning. The luxury retailer slashed profit forecasts and warned that the luxury goods market is headed for hard times.
Aug 22, 2012 Nationwide, home-building permits are at a four-year high. But coming off the Great Recession, is there a market for luxury homes?
Jul 21, 2012 Even as more people use their smartphones as to check the time, watch sales are rising at a healthy clip -- especially on the luxury end
Jul 5, 2012 In recent years, sales at airports and other travel venues have risen far more quickly than at regular stores for many chains, prompting luxury retailers to focus on the travel market.
Apr 18, 2012 The luxury brand responsible for Louis Vuitton and Dom Perignon saw its sales grow 25 percent in the first quarter of the year. But it turns out, it isn't all because of those upscale products.