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.
Living in 2021 brings a lot of distractions from mindlessly scrolling down your timeline for hours, to stretching yourself thin by multi-tasking daily. How do we find the ability to train our brains to focus on being present in the moment? Author, Dr. Amishi Jha joined Cheddar to discuss her new book “Peak Mind,” that tackles these issues.
David Ewalt, Editor in Chief of Gizmodo, joins 'Fast Forward' to paint a picture of what a metaverse-driven future looks like, and how it will propel the future of work and education.
Two years after its launch, Disney's streaming service is celebrating Disney+ Day by offering new and eligible returning customers a reduced subscription price of $2 for one month. The regular $7.99 monthly fee will kick in at the end of the promotion.
Joseph Gordon-Levitt, CEO and co-founder of HitRecord, and Jared Geller, president and co-founder of HitRecord, join Cheddar News to discuss the platform's 'Class Projects'. Gordon-Levitt also talked about playing Jiminy Cricket in Disney's live-action 'Pinocchio.'
Comedian Aida Rodriguez is baring it all in her new stand-up comedy special on HBO Max. 'Fighting Words' was filmed in the Bronx and touches on topics from race to family. In the end, viewers will get a glimpse into Aida's personal life as she travels to Puerto Rico and the Dominican Republic to connect and celebrate her heritage. Aida Rodriguez joins Cheddar News to talk about the new special.
One e-commerce company is putting diverse beauty brands first. 'thirteen lune' was launched last year and carries 100 brands, 90% percent of which are founded by Black, indigenous, people of color (BIPOC). The company has grown tremendously within the past year and just landed a $3 million funding round led by Fearless Fund, a venture capital firm created by women of color, for women of color. Nyakio Grieco, co-founder of thirteen lune joins Cheddar News to talk about the new funding.
On this episode of 'Your Future Home', David Kaufman, Global Digital Director of Architectural Digest, breaks down ways to refresh your home this winter without breaking the bank.; Michael Barlow, co-founder and CEO of Fernish, discusses how Fernish is making it effortless to create your perfect home. Cheddar breaks down how to successfully research your next potential neighborhood.
