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.
This week outside the Dolby Theatre in Hollywood, workers unspooled a champagne-colored carpet as Jimmy Kimmel, who is hosting the 95th Oscars on Sunday, presided over the occasion.
Dr. Garett Weston DDS has found a way to combine his two passions of being an orthodontist and vintage vinyl record store owner — under the same roof.
Shiri Reuveni-Ullrich, the founder of Rising Above Bakery, talks to Cheddar News about providing a unique opportunity for individuals with special needs to get work experience.
Cheddar News sits down with LeAnn Darland, Co-Founder of TALEA Beer Co, at her brewery in Brooklyn to find out how TALEA is disrupting the male-dominated business of craft beer, and paving the way for women in the industry.
Emmy award-winning actor Robert Blake, whose career triumphs were later overshadowed by a trial in which he was acquitted of killing his wife, died Thursday at age 89.
Jean Bailey is a fitness instructor at a Nebraska senior living facility and she is 102 years old.
A letter claiming to be from the Mexican drug cartel blamed for abducting four Americans and killing two of them condemned the violence and said the gang turned over to authorities its own members who were responsible.
Cheddar recs "Rain Dogs," "Daisy Jones & The Six," "Welcome to Flatch," and CityBeautiful's "Is Vancouver the Best City in North America?"
The top entertainment headlines for March 9, 2023.
Trulieve CEO Kim Rivers is doubling down on creating a positive workplace for women — even as the percentage of women in executive positions in cannabis has stagnated in recent years.
