Financial

Accessories

Financial

Page 6 of 30

Coach Shares Fall on 15.7% Drop in Net

On Wednesday the company reported disappointing second-quarter results that reflected continued struggles in the North American market.

Richemont Sales Gain 2.8% in Q3

Exchange rates hampered sales in the period, as did lower sales in Mainland China and sluggish wholesale growth.

Jewelers See Positive Holiday Sales

Zale stock jumped while Tiffany points to better sales for the November and December period.

Bluestar Alliance Eyeing Rachel Roy, Brian Atwood

Financial and market sources said talks have been ongoing and that a transaction could be forthcoming shortly.

Crocs Gets $198M Investment from Blackstone Affiliate

The affiliate is Blackstone Capital Partners.

Armani Opens Accessories Boutique in Milan

The store, which replaces a previous accessories boutique in Via della Spiga, underscores Armani’s desire to strengthen his accessories division.

Luxottica Group to Settle Up With Italian Revenue Agency

Following the tax audit started in January concerning the year 2007, the company will pay 33 million euros, or $45 million at current exchange rate.

Tiffany Q3 Net Up Nearly 50%

Investors rewarded the New York-based jewelry retailer with a record-setting day on the New York Stock Exchange.

Chow Tai Fook Posts 90% Rise in H1 Net Profit

The jewelry retailer said net profit totaled $464 million in the six months to September.

Swiss Watch Exports Rise 1.1%

Weakness in Europe was offset by a recovery in the United States.

Salvatore Ferragamo Profits Climb 41%

The bottom line at the luxury firm climbed to 120 million euros, or $157.2 million, including 7 million euros, or $ 9.2 million, of minority interest.

Safilo Swings to Profit in Q3

The Italian eyewear manufacturer on Wednesday reported its first third-quarter net profit since 2007 even as revenues in the period remained flat.

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