Tiffanyâs Downturn Jolts Luxury Retailing
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Tiffanyâs holiday slowdown was unexpected and sent jitters through the luxury-goods industry, which had seemed invulnerable, even as the housing market began to sputter.
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Are all those luxury items cheapening the brand?
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Lately, the company's retail operation has been lagging behind sales of its locations.
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Jewelers Tiffany & Co. Inc. TIF.N   and Zale Corp. ZLC.N on Thursday reported strong revenue   growth, but both posted lower gross margins, which helped push   their shares down.
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Corporate ownership is changing the face of haute couture.
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There are signs that some high-end real estate developers are being hit by a slowdown.
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Retailers are in for a gloomy holiday season, with shoppers weighed down by the weakening housing market and the credit crunch, according to industry forecasts.
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Upscale retailer reports strong first quarter results followed by weaken-than-expected November sales.
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Jewelry and luxury goods retailer Tiffany &amp;amp; Co. said Wednesday that first-quarter earnings grew 7.7 percent, as double-digit percentage growth in international sales outpaced a sluggish domestic sales performance. Its shares rose 2.6 percent in early trading.
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With fears of a U.S. recession sending shivers through the retail sector, menswear designers in Paris are following the lead of investors and seeking refuge in safe-haven values.
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The financial meltdown sweeping the  United States hits the fashion runway on Friday, when New York  Fashion Week takes off, but its impact may be surprising.
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Luxury jeweler Tiffany & Co.  on Thursday reported higher quarterly profit as strong sales in the United States and other markets that helped offset weakness in Japan.
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Online sales of holiday stalwarts like jewelry, watches and flowers have dropped from last yearâs levels, while sales of more practical items like furniture and appliances have climbed.
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Retailers experience a big bump following five weeks of slow sales, according to a report.
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Savvy investors can find retail bargains -- but not everything's on sale.
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Business & money: British Retail Consortium urges Bank to consider reducing interest rates after weak high street sales.
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As sales of home improvement items fall and consumer confidence weakens, retailers are starting to feel the effects of the housing slump.