A research note from Morgan Stanley questions whether the cruise lines have raised enough capital. Still, shares of main cruise line operators were surging on Wednesday.
While cruises are being sold at dirt-cheap prices for future sailings, the industry has further extended the relaunch of its vessels for future cruises due to multiple conditions around the COVID-19...
Neiman Marcus is not the first retailer to enter into bankruptcy protection in this recession. It likely will not be the last.
The recession is crushing the lottery along with everything else. Buying a lottery ticket may have become a luxury expense, now that over 26 million American workers have filed for unemployment in...
It’s a tough time to be an apparel and fashion retailer. On top of millions of people people having become jobless, many retail destinations have been deemed non-essential and have been forced...
Cadillac had a very rough year in 2019. Deliveries of one of its low-end vehicles were the only thing that kept the period from being a wreck.
The premium for buying a condo in a building with the Trump name on it has fallen by nearly 30%.
Paris-based luxury goods giant LVMH and Tiffany have agreed to the French company's acquisition of the New York-based jewelry icon for $135 a share.
LVMH's $14.5 billion bid for Tiffany may be just an opening for more to come.
Wedbush Securities has come out in defense of the weakness in the cruise line industry, noting that the sell-offs seen have perhaps been too extreme.
Tiffany released mixed fiscal second-quarter financial results before the markets opened on Wednesday.
24/7 Wall St. has tracked the action and reaction seen in many luxury brands on Monday. The drop has been unilateral, and that has been confirmed by luxury stocks selling off in Europe as well.
A lukewarm earnings report and a 5% dividend boost lit a bit of a fire under Tiffany stock Tuesday morning. The company's outlook is weak for the second quarter but improving for the full year.
Mercedes-Benz is preparing to build an ultra-luxury SUV, the Mercedes-Maybach GLS, at its Alabama plant. The base vehicle is expected to cost about $200,000.
Mercedes-Benz on Sunday announced its 2020 model year version of the AMG GT R Roadster, a convertible version of the hardtop the company introduced earlier this year. Only 750 of the soft-tops will...