luxury brand

Neiman Marcus up for sale, Saks Fifth Avenue owner expresses potential buy out

Hudson's Bay Co., owner of Saks Fifth Avenue, has expressed its interest in buying Neiman Marcus that would exclude the latter's debts.

Mercedes-Benz recalls almost one million cars after 51 fires reported

The incident was due to an issue with an engine part that can cause an electrical fire and conditions would occur during the starting of the car.

Luxury automakers drive online sales on Tmall.com

China is projected to become the top market for luxury automakers by 2020 and brands rev up sales with Tmall.com to reach the country's affluent and digitally active consumers.

Jimmy Choo revenues skyrocket with strong Asia market, weak pound and menswear range

The record revenues and profitability are proof to the growing appeal and strength of Jimmy Choo.

Tiffany & Co. CEO steps down, new directors appointed to accelerate business strategies

The company shake-up comes after Tiffany's disappointing financial results.

Latest Stories

Can Chase Sapphire Preferred Oust the AmEx Gold Card?

Popular midtier travel cards are the Chase Sapphire Preferred Card and the American Express Gold Card.

End of the Tax Break? Wealthy Individuals Face Surge in IRS Audits

The IRS claims that in an effort to bring in more money for the United States and to crack down on tax evasion, it is going to step up audits into the US Treasury's funds.

Bitcoin vs. Altcoins? Hoskinson Fires Back at Saylor's Security Accusation

Hoskinson reacted to Saylor's remarks with a hint of irony, citing Bitcoiners who charge him with regularly criticizing Bitcoin and asserting that "altcoiners are so toxic."

Virtual Credit Cards: Your Secret Weapon to Sticking to a Budget

A distinct digital card number connected to your credit card account is known as a virtual credit card.

American Dream Deferred: Wealth Gap Deepens Among Millennials

A recent study found that there is a fresh wave of class conflict and animosity due to the widest wealth difference of any generation between affluent millennials and the rest of their age group.

Must Read

Could You Qualify for SNAP Benefits?

The United States Department of Agriculture (USDA) oversees the food stamp program, also known as supplemental nutritional assistance, which is a vital tool for helping low-income families and individuals buy nutritious food.

Forget Stocks, Crypto Now Directly Impacts Housing Prices

According to a new study, as cryptocurrencies grow in importance inside American investment portfolios, their impact is seen not just in virtual transactions but also in real estate and consumer purchasing.

Bond Yields Drop as Job Growth Slows

After the April jobs data revealed weaker-than-expected payroll growth and an unexpected tick higher in the unemployment rate, U.S. Treasury rates fell on Friday.

Will Apple Keep Buffett Smiling? Doubts Emerge Over Company's Dominance

Even as late as 2020, four years after his investment colossus began to build a sizable stake in the business that produces iPhones, Warren Buffett of Berkshire Hathaway was still using a flip phone.

Is China's Central Bank Gold-Buying Spree a Precursor for War? Part II of II

The idea of a nation acquiring large gold reserves in preparation for military endeavors is not without historical precedent. Prior to World War I, European powers increased their gold reserves, and a century later, Russia's central bank doubled its gold holdings in the years before its invasion of Ukraine. This same strategic stockpiling of gold could be inferred from China and its pre-war positioning for a Taiwan incursion.

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