luxury

RealReal Inc (NASDAQ: REAL) CEO Julie Wainwright responded to a CNBC investigation and said in an e-mail to clients that the company "may not be perfect every single time." What Happened A CNBC investigation found instances of RealReal selling counterfeit merchandise on its platform...

Tiffany & Co. (NYSE: TIF) confirmed Monday that it received an unsolicited and non-binding takeover proposal from LVMH Moet Hennessy Louis Vuitton (OTC: LVMUY) at $120 per share. Tiffany Is Interested, But Not At $120 Tiffany is open to a deal to sell itself to LVMH, but not at $120 per share,...

Coach and Kate Spade parent company Tapestry Inc (NYSE: TPR) saw its stock lose nearly one quarter of its value Thursday in reaction to a poor fiscal fourth-quarter earnings report. Two analysts debated if investors should buy the dip or stay clear. Tigress: Where's The Innovation? The Kate...

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...

UBS turned bullish on Michael Kors Holdings Ltd (NYSE: KORS) after a dive into multiple aspects of the luxury fashion company's business.  The Analyst Analyst Jay Sole upgraded Michael Kors Holdings from Neutral to Buy with a price target lifted from $76 to $80. The...

Global fashion brand Michael Kors Holdings Ltd (NYSE: KORS)'s recent acquisition of Versace sent the American-based company's stock lower by 9 percent — and investors should buy the dip, according to Citi.  The Analyst Citi's Paul Lejuez upgraded Michael Kors from...

Tiffany & Co. (NYSE: TIF) reported in November its third quarter earnings, which consisted of a top and bottom-line beat that played a part in a notable upgrade. The Analyst Citi's Paul Lejuez upgraded Tiffany's stock from Neutral to Buy with a price target boosted from $92 to $...

Analysts at Jefferies parted way with their bullish stance on Coach Inc (NYSE: COH) as there are few catalysts left to support the stock. The firm's Randal Konik downgraded Coach's stock rating from Buy to Hold with a price target lowered from $53 to $45, which implies downside to the stock...

Initial reaction to Michael Kors Holdings Ltd (NYSE: KORS)'s $1.2 billion acquisition of London-based luxury shoe maker Jimmy Choo on Tuesday was positive. The stock gained more than 3 percent ahead of the opening bell, but by mid-morning the stock erased all of the gains and was lower by more...

Luxury apparel and accessory maker Michael Kors Holdings Ltd (NYSE: KORS) confirmed early Tuesday morning it has agreed to buy the London-based and listed shoe company Jimmy Choo PLC. As part of the agreement, Michael Kors will pay Jimmy Choo's shareholders 230 pence per share, which values the...

Luxury retailers are reporting better-than-expected quarterly earnings amid challenging retail landscape and tourism headwinds. Earnings of Kate Spade & Co (NYSE: KATE) and Ralph Lauren Corp (NYSE: RL) have topped the Street, while Coach Inc (NYSE: COH)’s earnings came in line. The Lux...

For luxury brands that have thus far announced September-quarter results, it's no high-end clutch they carry but a mixed bag of results. Five companies have already reported and four remain. Earnings Reported Coach Inc (NYSE: COH) reported adjusted EPS of $0.45, which was in line with the...

Safe bets are few and far between in today's market environment, but that doesn't mean that traders aren't still looking for some sound investments in sectors set to accelerate throughout the next year. One such sector is European luxury goods according to Goldman Sachs. The investment bank noted...

Europe's economic turmoil over the past few years may make the continent seem like an unlikely place for luxury brands to thrive. However, the weakened euro is having the opposite effect and drawing in tourists who want to pick up cheap goods at discount prices. This is especially true for Chinese...