Compagnie Financière Richemont S.A., the world's second largest luxury goods holding company, has warned of the impact that global economic problems could have if they hit the industry.
Monami Thakur
Nov 12, 2011
LVMH, the world's biggest luxury group, has acquired Swiss watch dial maker ArteCad.
Peggy Truong
Nov 11, 2011
Even the online shopping Web sites are way ahead in the best price race, by offering the finest deals, free shipping and other attractive offers to its customers online. The early bird and Super Saturday offers add even more excitement to the biggest shopping day of the year.
Aditi Mathur
Nov 10, 2011
Online coupon company WhaleShark Media has raised $150 million in financing from JP Morgan and Institutional Venture Partners.
IBT Staff Reporter
Nov 10, 2011
Britain's Advertising Standards Authority has banned a magazine advertisement for a fragrance featuring teenage actress Dakota Fanning because it could be seen to sexualize a child.
keep for now
Nov 09, 2011
Wholesale companies reduced their stockpiles in September for the first time in nearly two years as distributors tried to keep pace with sales that rose more than forecast.
Moran Zhang
Nov 09, 2011
Caribou Coffee Inc. posted a 11.2 percent increase in third-quarter earnings on significant increases from coffeehouse sales, commercial sales and franchise sales
Brett LoGiurato
Nov 09, 2011
Chief marketing officers at U.S. retailers are cautious heading into the holiday season, though those at larger chains are a bit more optimistic about their prospects, according to a survey conducted by BDO USA.
IBT Staff Reporter
Nov 09, 2011
Find out the best early winter vacation deals on airfare and cruises, before you pay too much.
IBT Staff
Nov 08, 2011
The nation's drivers got a brief reprieve at the pump this month, but a tank of gas promises to be costly again with Thanksgiving weekend on its way. Gas prices have fallen 5 cents a gallon overall in the last three weeks, to an average of $3.43
Joseph Orovic
Nov 07, 2011
To some shopping addicts, there is nothing quite like the sound of free coupon to help heal a case of the Mondays. A 20 percent off coupon for Bloomingdale's? Now that could make up for a whole year of Mondays.
Cavan Sieczkowski
Nov 07, 2011
Discover the United States of Awesome Possibilities with America's first-ever unified campaign to lure in international tourists from Brand USA.
Mark Johanson
Nov 07, 2011
The long heralded ideal of mass customization by luxury and fashion retailers across the world has finally been made possible, with the introduction of the special interactive program by fashion house, Burberry.
Monami Thakur
Nov 07, 2011
Sales of luxury products in India are expected to rise almost 20 percent every year until 2015, according to a new report by the Confederation of Indian Industry and A.T. Kearney Ltd.
Monami Thakur
Nov 06, 2011
CEO Andrew Mason is expected to make millions on the initial public offering of Groupon.
IBT Staff Reporter
Nov 04, 2011
Daily deals company Groupon, Inc. is expected to start trading on Nasdaq Nov.4 after it raised $700 million from its initial public offering, thereby becoming the largest IPO by an Internet company since Google Inc. (NASDAQ:GOOG) raised $1.7 billion in 2004.
Manikandan Raman
Nov 04, 2011
Daily deals website Groupon announced late Thursday its initial public offering of 35 million Class A shares Thursday at the price of $20 per share, giving the company a market value of $12.7 billion. The company also granted the underwriters a 30-day option to purchase up to an additional 5.2 million shares of the Class A stock to cover over-allotments.
Julia Greenberg
Nov 04, 2011
Groupon Inc is set to raise $700 million in its initial public offering after the largest daily deals company increased the price and size of the deal on strong demand.
keep for now
Nov 03, 2011
This year's American Film Market kicks off in Santa Monica Wednesday with 10 percent more buyers than last year and 415 films up for grabs.
IBT Staff Reporter
Nov 02, 2011
Business software maker Oracle (NASDAQ: ORCL) may be setting its sights on Salesforce.com (NYSE: CRM) but the deal may not be an imminent one, according to an analyst at Global Equities Research.
Manikandan Raman
Nov 01, 2011
A look at the unsecured debts left behind in the wake of MF Global's bankruptcy show a surprising number of trade credit was owed to media companies.
Eleazar David Meléndez
Nov 01, 2011
Black Friday will be starting earlier this year. Both Macy's and Target have announced that their doors will open at midnight after Thanksgiving. When the clock strikes 12:00 a.m. on Friday Nov. 25, the Black Friday midnight madness will begin.
Cavan Sieczkowski
Oct 31, 2011