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.
Gregg Renfrew, founder and CEO of Beautycounter, joins Cheddar News to discuss the company's CEW nominated product 'Beyond Gloss.' Renfrew also discussed the company's holistic approach to sourcing its ingredients.
Could Alec Baldwin face legal consequences after accidentally shooting and killing a cinematographer on the set of 'Rust'? That's a question many in Hollywood are asking after the tragic death of Halyna Hutchins. Some in the industry are even asking for a ban on guns on the set of films and television shows. Dan Gilleon, lead trial attorney at the Gilleon Law Firm, discusses the potential legal consequences for all involved in the accident, saying "everyone will be sued."
'None of the Above' host JD Durkin breaks down season three, episode two of 'Succession' and reveals whose stock is up, whose stock is down, and who is this week's Boar on the Floor.
Deacon Hayes, founder of Well Kept Wallet, joins "Cheddar Reveals" to discuss how 2021 Halloween spending compares to previous years and how to best prepare for the influx of holiday spending.
Tim LeBel, President of Sales and Chief Halloween Officer at Mars Wrigley, joins 'Cheddar Reveals' to discuss the M&M's 80th birthday, what goes into maintaining an iconic brand, and how Mars Wrigley plans for future Halloweens.
On this episode of Cheddar Reveals, Tim LeBel, President of Sales and Chief Halloween Officer at Mars Wrigley, discusses the M&M's 80th birthday, what goes into maintaining an iconic brand, and how Mars Wrigley plans for future Halloweens.; Deacon Hayes, founder of Well Kept Wallet, joins to break down how 2021 Halloween spending compares to previous years and how to best prepare for the influx of holiday spending.; Cheddar gets a look at Curiosity Stream's 'Witches: A Century of Murders.'
If you went trick-or-treating as a child, did your parents warn you against the possibility of poisoned candy? Did they forbid you from trying anything before they inspected your Halloween haul? We asked some experts from The Conversation to explain the fanciful origins of this annual panic and its very real consequences. Stay tuned to discover the real dangers lurking on Halloween night…
