Tiffany & Co’s sales in the United States and Hong Kong took a hit in the latest quarter as Chinese tourists spent less than expected, sending the jewelry maker’s shares down nearly 8 percent on Wednesday.
Williams-Sonoma, Inc, a specialty retailer and Reliance Brands Limited, a subsidiary of Reliance Industries Limited, have announced plans to bring Pottery Barn, Pottery Barn Kids and West Elm to India.
With Black Friday, one of the most important shopping days of the year, only two days away, the e-commerce giant has exposed several customers’ names and e-mail addresses on its website due to a “technical error”.
Shares in Nordstrom Inc slumped 9 percent after the U.S. department store operator reported disappointing same-store sales and said it had been forced to refund some of its credit card customers after overcharging them.
Asians catching up on the West’s obsession with health and wellness is a trend that has created attractive investment opportunities, Ravi Thakran, a regional LVMH boss, told a luxury conference on Tuesday.