Luxury shopping

FILE - In this Feb.25, 2020 file photo, model Kaia Gerber leads other models as they wear creations for the Saint Laurent fashion collection during Women's fashion week Fall/Winter 2020/21 presented in Paris. Gucci and St. Laurent are two of the highest profile fashion houses to announce they will leave the fashion calendar behind, with its relentless four-times a year rhythm, shuttling cadres of fashionistas to global capitals where they squeeze shoulder-to-shoulder around runways for 15 breathless minutes. The coronavirus lockdown -- which has hit luxury fashion houses on their bottom lines -- has also given pause to rethink the pace of fashion. (Photo by Vianney Le Caer/Invision/AP, File)
May 25, 2020 - 1:45 pm
SOAVE, Italy (AP) — Gucci and Saint Laurent are two of the highest profile luxury fashion houses to announce they will leave the fashion calendar behind, with its relentless four-times-a-year rhythm, shuttling cadres of fashionistas between global capitals where they squeeze shoulder-to-shoulder...
Read More
A man takes a picture next the ancient Parthenon temple at the Acropolis hill of Athens, on Monday, May 18, 2020. Greece reopened the Acropolis in Athens and other ancient sites Monday, along with high schools, shopping malls, and mainland travel in the latest round of easing pandemic restrictions imposed in late March. (AP Photo/Petros Giannakouris)
May 18, 2020 - 8:16 am
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — German foreign minister pledges cooperation on...
Read More
In this April 5, 2020 photo, Goop fashion director Ali Pew is poses in Los Angeles. After weeks stuck in isolation, bodies molded into beds and couches glued to TVs and computers, with little to delineate weekends from weekdays, a pronounced fashion trend is emerging in loungewear. It's comfy, everyday clothing with a bit more refinement, unfussy, minimal, but pulled together enough for a zoom conference call with your boss. (Oliver Clark via AP)
May 11, 2020 - 11:31 am
MIAMI (AP) — When Los Angeles-based fashion blogger Jacey Duprie finally emerged from days in sweats, changing into black jeans, an ankle-length camel sweater and Gucci loafers, she counted it as one of those “very big victories that used to be small victories.” Since people have spent weeks stuck...
Read More
Vueling Airlines planes sit parked in a line at the Seville, Spain airport on Saturday, March 21, 2020, idled due to the COVID-19 coronavirus outbreak. (AP Photo/Miguel Morenatti)
March 23, 2020 - 1:34 pm
The rapid spread of the coronavirus since it was first reported in China has dealt an unprecedented shock to the global economy. Following are business developments Monday related to the outbreak as governments attempt to stabilize their economies, companies struggle to cope and millions of people...
Read More
FILE - In this May 22, 2017 file photo, a gift box from Tiffany & Co. is arranged for a photo in Surfside, Fla. French luxury giant LVMH Moet Hennessy Louis Vuitton said Monday Nov. 25, 2019, it has reached a deal to buy U.S.-based jewelry legend Tiffany & Co for $16.2 billion. (AP Photo/Wilfredo Lee, File)
Associated Press
November 25, 2019 - 12:27 pm
PARIS (AP) — French luxury group LVMH has agreed to buy New York jeweler Tiffany & Co. for $16.2 billion, adding a famed star to its portfolio that already boasts Louis Vuitton, Christian Dior and Bulgari. LVMH said in a statement Monday it will take over the 182-year old Tiffany and its 300...
Read More
Julie Wainwright, center, CEO of The RealReal, celebrates her company's IPO at the Nasdaq opening bell, Friday, June 28, 2019 in New York. The online reseller of luxury brand clothing and accessories is based in San Francisco. (AP Photo/Mark Lennihan)
June 28, 2019 - 4:00 pm
NEW YORK (AP) — Shares of The RealReal jumped on their first day of trading Friday, as the secondhand-fashion online retailer tests investors' appetite for the staying power of online marketplaces for pre-owned discounted Gucci and other luxury goods. The San Francisco company, founded in 2011 by...
Read More
FILE- In this Monday, May 22, 2017, photo, a gift box from Tiffany & Co. is arranged for a photo in Surfside, Fla. Tiffany & Co. reports earnings on Wednesday, Nov. 28, 2018. (AP Photo/Wilfredo Lee, File)
November 28, 2018 - 12:59 pm
NEW YORK (AP) — There was something missing at the luxury jeweler Tiffany & Co. in recent months: Chinese tourists. For the second time in a many months, a big seller of high-end goods noticed that a particularly crucial demographic of its shopping base had made itself sparse, damaging sales...
Read More
A woman walks out of an outlet of Dolce & Gabbana in Shanghai, China Wednesday Nov. 21, 2018. Dolce & Gabbana apologized Wednesday for insulting remarks about China it allegedly made in conversations on Instagram but denied that it was responsible, claiming its accounts had been hacked. (Chinatopix Via AP) CHINA OUT
November 22, 2018 - 3:12 am
BEIJING (AP) — The Italian luxury fashion house Dolce&Gabbana apologized Wednesday for insulting remarks about China it allegedly made in exchanges on Instagram but claimed its accounts had been hacked. Chinese celebrities reacted angrily after screenshots of the conversations were posted on...
Read More
November 15, 2018 - 7:36 am
MILAN (AP) — Chinese consumers will remain the driving force for the luxury goods market, according to a new study by Bain consultancy released Thursday that shows they will fuel nearly half of global high-end sales by 2025. Chinese shoppers will account for 46 percent of global luxury sales of an...
Read More
September 06, 2018 - 7:05 am
LONDON (AP) — Online luxury e-commerce company Farfetch says it expects to reap $446.5 million in its upcoming initial U.S. stock sale. The London-based company, which runs a global platform matching upscale brands with affluent buyers, revealed pricing terms of its initial public offering on the...
Read More