Content about Luxury good

November 13, 2012

Survey results released Tuesday by Accenture found that half of U.S. consumers are likely to make a small luxury purchase in the next six months, including 53% who are likely to purchase specialty food or drinks, 48% to purchase luxury clothing and 48% to purchase luxury personal care products.

New York -- Survey results released Tuesday by Accenture found that half of U.S. consumers are likely to make a small luxury purchase in the next six months, including 53% who are likely to purchase specialty food or drinks, 48% to purchase luxury clothing and 48% to purchase luxury personal care products.

September 7, 2011

Consumers are spending more, but doing so in fewer transactions, according to American Express Business Insights’ most recent Business Insights Spend Sights report.

New York City — Consumers are spending more, but doing so in fewer transactions, according to American Express Business Insights’ most recent Business Insights Spend Sights report.

The study, which examines spending patterns across several key categories, U.S. cities and demographic groups, finds that while economic uncertainty continues to dampen overall consumer confidence, a new pattern of less frequent but measurable splurging has become evident among a range of customer groups in several categories.

May 31, 2011

In another sign that the luxury market is turning around faster than other retailing segments, Neiman Marcus’ third-quarter profit more than doubled.

Dallas -- In another sign that the luxury market is turning around faster than other retailing segments, Neiman Marcus’ third-quarter profit more than doubled.

The company's net income for the three months ended April 30 rose to $46.2 million, from $18.5 million.

Revenue rose 10% to $983.8 million, from $895.2 million last year. Same-store sales increased 9.7%.

Neiman Marcus operates 41 Neiman Marcus stores across the United States, 30 Last Call clearance stores and two Bergdorf Goodman stores in New York.

November 22, 2010

Shoppers opened up their wallets in early November, providing retailers with some early holiday cheer.

New York — Shoppers opened up their wallets in early November, providing retailers with some early holiday cheer. Spending on apparel, jewelry and luxury goods showed strong increases from the same time a year ago, according to MasterCard Advisors' SpendingPulse, which includes transactions in all forms including cash.

June 8, 2010

Real estate brokerage Colliers International reported Wednesday that luxury retail rents may soon bounce back...

July 30, 2008

Some retailers are already talking about price increases of up to 15% this year on...

May 31, 2007

Financial analysts have turned even more bullish on Coach, raising the 12-month target price for...

January 21, 2007

New York City, ...

November 15, 2004

Stevens, Pa., Luxury...