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.
Partha Unnava, Founder and CEO and Lasso, joins Cheddar Innovates to discuss how the design behind these compression socks can prevent injuries and improve performance.
On this episode of Cheddar Innovates: Vision Marine Technologies CEO discusses how e-boats will play a role in the fight against the climate crisis; Lasso CEO breaks down how the design behind these compression socks can prevent injuries and improve performance; Cheddar gets a look at Curiosity Stream's 'The Tombs Of Egypt.'
Catriona Campbell, CTIO, UK and Ireland, EY, joins Cheddar News to discuss how business leaders can bridge the gap between their technology investments and their aspirations, and breaks down the human aspects of A.I.
Tens of thousands of people have fled Ukraine in attempts to escape the Russian Invasion. According to the U.N. neighboring countries like Poland, Hungary, and even Romania have seen half a million refugees. While the hospitality is being welcomed by many, it also highlights the mistreatment of migrants and refugees from the Middle East and Africa. Professor of Philosophy and Director of Politics at Northeastern University Serena Parekh, joined Cheddar, to discuss more.
New York's MTA unveiled a new plan to boost the safety for the Big Apple's public transit system to go into effect on the heels of a violent weekend on the subways. The six separate attacks follow a rise of 60 percent in violent subway crimes year to date. The plan will attempt to address the surge in violence, as well as separately offer services to the homeless found within the system, according to the transportation authority. Cheddar's Chloe Aiello explains.
On this episode of Cheddar Reveals, Kim Severson, National Food Correspondent, The New York Times, dives into some of the top trends in the food industry for the upcoming year; Renowned Harlem chef & restaurateur Melba Wilson discusses her inspirations and rise in the food industry, and giving back to her community through food; Cheddar gets a look at Curiosity Stream's 'The History of Food.'
Kim Severson, National Food Correspondent, The New York Times, joins Cheddar Reveals to dive into some of the top trends in the food industry for the upcoming year.
Renowned Harlem chef & restaurateur Melba Wilson joins Cheddar to discuss her inspirations and rise in the food industry, and giving back to her community through food.
