Luxury shopping

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...
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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...
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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...
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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...
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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...
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