This holiday season seemed to be in favor of the luxury retail brands. Tapestry and Michael Kors reported better-than-expected earnings last week. Melissa Armo, Owner of The Stock Swoosh and Melissa Gonzalez, CEO & Founder of The Lionesque Group, join The Long and The Short to discuss trends in the luxury market.
Tapestry credits the boost in sales to its Coach brand. Sales rose 2% to $1.23 billion last quarter. In order to get Coach back on track Tapestry cut flash sales and discounts, bringing it back to its luxury roots. Many believe it should do the same thing for its struggle division of Kate Spade. Kate Spade's global same-store sales fell 7% last quarter.
Plus, Michael Kors is making a comeback. Sales rose over 6% last quarter after trimming back promotions and expanding its footwear collection. However, Armo still isn't impressed with the company. She's disappointed the stock dropped so heavily right after earnings and is still concerned about its ability to get people into the store.
Americans across the country this weekend celebrated Juneteenth, marking the relatively new national holiday with cookouts, parades and other gatherings as they commemorated the end of slavery after the Civil War.
Alina Hauptman of Best Friends Animal Society highlights some new pets up for adoption and gives some pointers on how to keep pets safe from wildfire smoke.
If you thought getting older meant slowing down, we want to introduce you to a group that's proving you're never too old to soar through the skies. News 12 visited an airport in Danbury, Connecticut to meet a hobbyist group called the United Flying Octogenarians.
Nat and Alex Wolff, the New York-native brother duo, both of whom started out on the Nickelodeon hit series "The Naked Brothers Band," joined Cheddar News to discuss their new album, "Table for Two."
All major social media platforms do poorly at protecting LGBTQ+ users from hate speech and harassment — especially those who are transgender, non-binary or gender non-conforming, the advocacy group GLAAD said Thursday. But Twitter is the worst.
