Luxury

China Trade War Fallout Puts Dark Clouds Over Luxury Goods

Posted: August 5, 2019 at 12:10 pm

With an escalation in the trade war between the United States China, the impact is beginning to feel drastic all over again. We have seen these reactions before, but China ...
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Why Tiffany Earnings and Outlook May Have Been Just Good Enough

Posted: June 4, 2019 at 9:40 am

Tiffany & Co. (NYSE: TIF) reported first-quarter 2019 results before markets opened Tuesday morning. The luxury goods company posted diluted earnings per share (EPS) of $1.03 on revenues of $1 ...
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Why Mercedes-Benz Will Build Maybach SUV in Alabama

Posted: March 18, 2019 at 11:00 am

Daimler's Mercedes-Benz may be one of the best-known luxury brands on the planet. Less well-known, perhaps, is its ultra-luxury brand, Maybach. The 2018 Mercedes-Maybach sedan is available in two models, ...
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Mercedes-Benz Shows Off Limited Edition AMG GT R Roadster

Posted: March 4, 2019 at 7:20 am

Top speed of 197 miles per hour; zero to 60 mph in 3.5 seconds; 577 horsepower from a twin-turbo V-8 engine. That must be the Mercedes-Benz AMG GT R coupe. ...
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Michael Kors Closes Versace Deal, Changes Name to Capri

Posted: December 31, 2018 at 9:40 am

Luxury brand Michael Kors Holdings Ltd. (NYSE: KORS) announced Monday morning that it has closed its acquisition of fashion brand Versace and will change its name to Capri Holdings effective ...
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How Does Faltering Luxury Retailer Neiman Marcus Survive?

Posted: November 29, 2018 at 12:50 pm

Luxury retailer Neiman Marcus and a group of its lenders and bondholders failed to reach an agreement to extend the firm's $4.7 billion in debt maturing in 2020 and 2021. ...
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What Tiffany’s Results Say About the Luxury Market

Posted: November 28, 2018 at 3:10 pm

Today may not be the best time to talk about luxury retail, but if not now, when? After all, Tiffany & Co. (NYSE: TIF) shares tumbled more than 12% Wednesday ...
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Powerball & Mega Millions Lotteries Hit $2.2 Billion: 12 Things You Should Never Do If You Win Either Lottery

Posted: October 22, 2018 at 10:50 am

It is no secret that winning the lottery has become the new version of the American Dream. While the odds of winning are lower than the odds of being struck ...
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With $1.6 Billion Up for Grabs, 12 Things Not to Do If You Ever Win the Lottery

Posted: October 20, 2018 at 9:15 am

There soon will be some new rather filthy rich people in America. There have been no Mega Millions jackpot winners since July 24, so the jackpot will be at least $1.6 ...
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As Mega Millions & Powerball Lotteries Hit $1 Billion, 12 Serious Things Not to Do If You Win

Posted: October 16, 2018 at 7:10 am

Winning the lottery has become the new version of the American Dream. While the odds of winning are astronomical, it's easy to see what is drawing so many people each ...
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With $750 Million Up for Grabs, 12 Things Not to Do If You Ever Win the Lottery

Posted: October 9, 2018 at 12:35 pm

There soon will be some new rather filthy rich people in America. The two major lotteries have combined jackpots worth more than $750 million! Tuesday night's Mega Millions lottery drawing ...
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All-Electric Luxury SUV From Mercedes-Benz Another Challenge to Tesla

Posted: September 5, 2018 at 10:45 am

German luxury automaker Mercedes-Benz on Tuesday revealed the first all-electric vehicle in its EQ line of vehicles first announced in 2016. The EQC is an all-electric sport utility vehicle and ...
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Home Built to Survive Nuclear War Goes on Sale

Posted: August 26, 2018 at 8:09 am

What kind of shelter do you need to survive a nuclear blast? There was a time when that was an critical question for many Americans. Some dug holes in their ...
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Luxury Home Prices Rising, Sales Booming

Posted: July 15, 2018 at 9:06 am

By most accounts, the U.S. economy is growing nicely, more Americans have jobs, and inflation remains under control. Looking at the market for luxury homes underlines that economic story. Prices ...
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Rolls-Royce Sets First Showcase for 2018 Cars

Posted: July 9, 2018 at 10:35 am

British luxury automaker Rolls-Royce will showcase its full line of 2018 "highly bespoke motor cars" at the U.K. Goodwood Festival of Speed that begins Wednesday. The five vehicles on display ...
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