Luxury goods

In the retail world, LVMH Moet Hennessy Louis Vuitton SE (OTCPK:LVMHF) has long strutted the global catwalk like royalty. But lately, the spotlight has shifted. Ulta Beauty Inc (NASDAQ:ULTA) is having a Beyoncé moment—taking center stage, setting the tempo, and leaving the luxury titan looking like...

Luxury accessories giant Tapestry Inc (NYSE:TPR) is getting a clear growth split between its key brands, according to JPMorgan analyst Matthew R. Boss. The spotlight firmly shines on Coach, which is staging a notable comeback with a projected 32% upside for the overall company stock by year-end,...

Mercedes-Benz (OTC:MBGYY) plans to expand its presence in India with 20 new outlets in 2025, focusing on smaller cities where young, affluent entrepreneurs are driving demand for luxury goods. This marks a cultural shift among India’s younger generations, who are moving away from the thrift-...

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Richard Heart and his cryptocurrency projects, including Hex, PulseChain and PulseX. What Happened: Heart, also known as Richard Schueler, raised more than $1 billion through the sale of unregistered securities, the SEC...

Like Bitcoin and sports cars, there’s been a drop in demand for luxury goods throughout the past six months. According to Watch Charts Rolex Index, the average price of a Rolex watch on the secondary market has dropped about 25% since March 2022.  Canada Goose Holdings Inc (NYSE: GOOS),...

Baozun Inc. (NASDAQ: BZUN) inked an agreement to acquire Full Jet Limited to tap the flourishing Chinese personal luxury market. The acquisition is expected to complete by February 10, 2021, subject to conditions. The purchase price is valued at 12.5 times Full Jet’s 2020...

Research firm Piper Sandler initiated coverage of two fashion plays Tuesday: RealReal Inc (NASDAQ: REAL) and Revolve Group Inc (NYSE: RVLV). The Analyst: Erinn Murphy initiated coverage of RealReal with an Overweight rating and $19 price target. The analyst also initiated coverage of Revolve Group...

The RealReal (NASDAQ: REAL), an online marketplace for authenticated luxury goods, hit the public market for the first time in June and shares remain about 20% higher compared to its $20 IPO pricing. The Analysts Raymond James' Aaron Kessler initiated coverage of The RealReal's stock with a...

Reebonz Holding Ltd (NASDAQ: RBZ) is a Singapore-based online platform that facilitates buying and selling of luxury products. The Analyst Roth Capital's Darren Aftahi initiated coverage of Reebonz with a Buy rating and 12-month price target of $11. The Thesis Reebonz operates a...

LVMH, the parent company of ultra-high end brands including Louis Vuitton, Moet Hennessy, Givenchy, De Beers Diamond Jewelers and many others, reported strong third-quarter results, which show demand for high-end luxury goods remains strong. Figures For LVMH The France-based company reported that...

Shares of Tiffany & Co. (NYSE: TIF) lost more than 5 percent on Tuesday and hit a new 52-week low of $62.90 after the company reported its holiday sales metrics and issued an update to its earnings expectations. Tiffany reported that its total sales for the two-month period ending December...

Shares of Michael Kors Holdings Ltd (NYSE: KORS) have lost nearly 50 percent year-to-date. A team of Morgan Stanley analysts maintained an Overweight rating and $63 price target on shares of Michael Kors. The analysts noted that Michael Kors' approximate $300 average selling price for...

A popular debate, currently brewing in social media, is the comparison of the luxury brand retailers Michael Kors Holdings (NYSE: KORS) and Coach (NYSE: COH). Historically Kors has been satisfying its shareholders with hefty returns since the company's IPO back in 2011, while Coach has been...

It seems 2014 is shaping up to be the year of income equality. The president is talking about it, Congress is talking about it and the news media is talking about it. Though there seems to be no certain proposal which will cause an equalization of the gap between the richest Americans and the...

South Korea may its own, new handbag museum -- but if you want to see those women's accessories in action in an Asian market, look to China. Luxury goods companies such as Ralph Lauren, Michael Kors and Mercedes Benz count on China for increasing sales. And among the most desired items by...