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.
Understanding What Generational Trauma Is and How to Break It
To celebrate the start of spring, Matt Crafton, lead winemaker at Chateau Montelena in northern California, joins Cheddar News to showcase some warm-weather wines and the best meals to pair them with.
Entertainment and lifestyle expert Josh McBride joins Cheddar News' hosts Hena Doba and Baker Machado to talk about some highlights from last night's annual Meta Gala dinner.
Jared Leto showed up at the Met Gala as Choupette, Karl Lagerfeld's cat. And Kim Kardashian dressed in strands of pearls. Fashion's biggest night of the year included lots of vintage from Chanel and a reveal by Janelle Monae.
Oklahoma on Monday became the latest state to ban gender-affirming medical care for minors as Republican Gov. Kevin Stitt signed a bill that makes it a felony for health care workers to provide children with treatments that can include puberty-blocking drugs and hormones.
Television and movie writers declared that they will launch a strike for the first time in 15 years, as Hollywood girded for a walkout with potentially widespread ramifications in a fight over fair pay in the streaming era.
The top entertainment headlines for May 1, 2023.
Fashion designer Nicole Miller joins Cheddar News correspondent Hena Doba for a Walk & Talk that touches on the importance of not living in a bubble, how to compete with new designers on social media, and why she regrets sometimes neglecting the life side of a healthy work-life balance.
It's the first Monday in May: Welcome to Met Gala mania. With a livestream available when the evening gets underway, the world's most fashionable fundraiser takes on one of the world's most prolific — and controversial — designers, the late Karl Lagerfeld, as the starry party's theme.
While doctors fear the dangers of untrained people managing their own hormone replacement therapy, a growing number of transgender people say they see no other option for life-saving care.
