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.
A former manager at the Harvard Medical School morgue, his wife and three other people have been indicted in connection with the theft and sale of human body parts, federal prosecutors in Pennsylvania announced Wednesday.
With busy summer days on the horizon, packing your beach bag is crucial. Luckily, Kim Appelt, style expert and author of the book Style for Everybody has some recommendations you can take from day to night with ease.
Going once, going twice, sold! Our very own Chloe Aiello got the chance to visit Christie's Auction house to get a peek at some rare items going up for bid today from the collection of Ann and Gordon Getty.
Actor Treat Williams, whose nearly 50-year career included starring roles in the TV series “Everwood” and the movie “Hair,” died Monday after a motorcycle crash in Vermont, state police said. He was 71.
A lot of us go for food that makes us feel like 'home' when we're eating it. Chloe Aiello sat down with celebrity chef Alisa Reynolds who traveled the world in her new TV series Searching for Soul Food to understand the real meaning of soul food.
Summer is heating up and more people are starting to travel, but some are opting to skip the security lines at the airports and travel by train. As part of our Need2Know Vacation series, cheddar's Ashley Mastronardi reports from a train en route to Virginia.
