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.
In honor of Asian Pacific Islander Heritage Month, Cheddar's own Shannon LaNier sits down with chef Jordan Andino to discuss the finer points of Filipino cuisine.
Nora Minno, a registered dietician, spoke about the rise of the mocktail and explained the benefits of this non-alcoholic mixed beverage that can be made with fruits, seltzer or with non-alcoholic spirits.
Cheddar's own Shannon LaNier speaks with Paige Siegwardt, guest experience director at The Standard Plaza, about the Manhattan restaurant's 1960s-inspired roller rink.
2023 Tony Award nominee Kevin Cahoon speaks with Cheddar's own Baker Machado about joining the musical 'Shucked' and the peaks and valleys of his long career on Broadway.
Guinness World Records says the world’s oldest dog recently celebrated his 31st birthday. Bobi's owner says a party was held Saturday for the purebred Rafeiro do Alentejo, a breed of Portuguese dog.
Swedish singer Loreen won this year's Eurovision competition on Saturday night with her song "Tattoo." The singer beat acts from 25 other countries and became the second performer to take the prize twice after winning previously in 2012, but it was the Princess of Wales, Kate Middleton who stole the show before the competition got started.
