Luxury

Tiffany Store front

Tiffany Earnings, Revenues Hit by Asian Slowdown; Forecast Softens

Tiffany & Co. (NYSE: TIF) reported third-quarter 2014 results before markets opened Tuesday morning. The luxury goods company posted adjusted diluted earnings per share (EPS) of $0.76 on revenues of ...
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Mansion with chairs and palms

Expensive Home Inventory Soars

The supply of homes for the rich rose rapidly in October. The same cannot be said for the inventory of low and mid-priced homes. Perhaps the top 1%, 5% or ...
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Michael Kors store front

Major Shareholder Dumps Michael Kors

In a secondary share offering that priced Friday morning, the largest shareholder in Michael Kors Holding Ltd. (NYSE: KORS) dumped its entire 5.7% stake in the luxury apparel company at ...
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Tiffany Store front

Tiffany Earnings Glitter, but Outlook Dull

Tiffany & Co. (NYSE: TIF) reported second quarter 2014 results before markets opened Wednesday. The luxury goods company reported diluted earnings per share (EPS) of $0.96 on revenues of $992.93 ...
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handbags

Coach Finally Remembered How to Have Good Earnings

Coach Inc. (NYSE: COH) reported fourth-quarter and fiscal-year 2014 earnings Tuesday. For the quarter, the luxury goods maker posted adjusted diluted earnings per share (EPS) of $0.59 on revenues of ...
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Michael Kors store front

Is Reality Catching Up With Luxury Brand Michael Kors?

Michael Kors Holdings Ltd. (NYSE: KORS) reported first-quarter fiscal 2015 results before markets opened Monday. The luxury lifestyle brand reported diluted earnings per share (EPS) for the quarter of $0.91 ...
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Ford hybrid

Lincoln and Cadillac Lose Ground in Luxury Market

The turnarounds of Ford Motor Co.'s (NYSE: F) Lincoln brand and General Motors Co.'s (NYSE: GM) Cadillac suffered setbacks in June. While sales of primary rivals BMW, Mercedes and Toyota ...
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luxury mansion

Americans to Inherit $59 Trillion

In a 55-year period between 1998 and 2052, some $59 trillion of U.S. wealth will be transferred. That total exceeds an estimate of $52 trillion in wealth transfer made in ...
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Porsche Cayenne 2013

Is There No End to Luxury Car Sales Growth in America?

U.S. auto sales turned out to have an incredible month of sales in May. The news was good almost universally (except for the VW brand), but the luxury car market ...
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Hellcat Dodge Challenger

Why Fiat Chrysler Is Building a 600 Horsepower Dodge Challenger

There's a method -- and a business plan -- behind the apparent madness. More details are slowly emerging about Fiat Chrysler's (OTC: FIATY) upcoming supercharged muscle car, the 2015 Dodge Challenger ...
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Luxury goods

Spectacular Growth Continues for Luxury Brand Michael Kors

Michael Kors Holdings Ltd. (NYSE: KORS) reported fourth-quarter and full-year fiscal 2014 results before markets opened Wednesday. The luxury lifestyle brand reported diluted earnings per share (EPS) for the quarter ...
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Tiffany Store front

Tiffany Earnings Covered in Diamonds

Tiffany & Co. (NYSE: TIF) reported first-quarter 2014 results before markets opened Wednesday. The luxury goods company reported diluted earnings per share (EPS) of $0.97 on revenues of $1 billion. ...
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Online shopping

Coach Earnings Buoyed by Overseas Sales

Coach Inc. (NYSE: COH) reported third-quarter fiscal 2014 results before markets opened Tuesday. The luxury accessories company posted adjusted diluted earnings per share (EPS) of $0.68 on revenues of $1.10 ...
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Four Seasons 757

Four Seasons Launches Flying Luxury Hotel

Four Seasons Hotels & Resorts has launched its flying luxury hotel schedule for 2014. A round-the-world trip for two on the customized Boeing 757 will set you back $119,000 per ...
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Tiffany Store front

Tiffany Earnings Hit by Arbitration Award, Soft Outlook; Buyback Soothes Investors

Tiffany & Co. (NYSE: TIF) reported fourth-quarter and fiscal year 2013 results before markets opened Friday. The luxury goods company reported adjusted diluted earnings per share (EPS) of $1.47 on ...
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