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1 hr ago | GuruFocus.com
The challenging retail environment seems to be taking a toll on all retailers, but luxury product retailers in particular are taking a hit. Consumer unwillingness to spend has hampered the results of many.
A granddaughter of the founders of the Fortunoff retail chain wants to restore some luster to the family name by bringing back the Fortunoff jewelry stores. Esther Fortunoff is starting small, with the grand opening this week of a 1,900-square-foot Fortunoff Fine Jewelry store in Westbury, N.Y. She is hoping, however, this will lead to bigger things, including a future store in North Jersey, where the Fortunoff family first began its expansion outside of New York, with stores in Paramus and Wayne.
Questions about timing, impact on shareholder value: "This is why we need a Special Meeting to restore shareholder rights at Ashford Trust." )--On September 10, Ashford Hospitality Trust reported that it had sold 40% of Ashford Investment Management to two insiders, including AHT's chairman and CEO, in an off-market transaction for $1.1 million, according to UNITE HERE.
Movado Group Director Peter A. Bridgman acquired 2,000 shares of the stock on the open market in a transaction dated Friday, September 12th. The stock was purchased at an average price of $36.16 per share, with a total value of $72,320.00.
According to a new filing with the Securities and Exchange Commission, Larry Robbins ' Glenview Capital has raised its stake in Fossil Group Inc amid the company entering into a partnership with Intel Corporation . Glenview reported holding around 3.26 million shares of the company, up from 2.67 million the fund reported in its latest 13F filing for the second quarter.
Press Release: Fairtrade International has launched a public consultation on its standard for gold and associated precious metals for artisanal and small-scale mining to explore how Fairtrade can best tackle new regulation and legislation in the gold industry. The aim is for Fairtrade to offer a small, but scalable solution to companies looking to source gold from artisanal and small-scale miners that can demonstrate conformance with the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas.
DIAMONDS in a little blue box are going to be a girl's best friend when Tiffany & Co opens its first Adelaide store. Read on if you want to know when that will be.
Turn your closet into cash at Threadflip.com where you can earn up to 80% cash back on new and like-new apparel and accessories. The top-selling items for fall are handbags, watches and jewelry and sunglasses.
Glenview Capital Management's Larry Robbins , the top-performing hedge fund manager last year, reported on Monday adding shares to his stake in Fossil Group Inc. , according to GuruFocus Real Time Picks . Robbins purchased 582,100 shares of the company, increasing his total holding to 3,255,738 shares.
Press Release: The Diamond Empowerment Fund announced it will honor Jane Seymour, an accomplished actress, artist, jewelry designer, and philanthropist and Jewelers for Children, including its highly respected executive director David Rocha, at its fourth annual GOOD Awards to be held January 8, 2015 at the Empire Penthouse Lounge in New York City. Seymour, Jewelers for Children and Rocha are being honored for their global leadership and for making a positive difference in the lives of countless youth and communities around the world.
NASDAQ Q-50 Index is a market-capitalization weighted index designed to track the performance of securities that are next-eligible for inclusion into the NASDAQ-100 IndexSM. The Index is comprised of 50 securities ranked by market capitalization and reflects companies across major industry groups including computer hardware and software, telecommunications, retail/wholesale trade, and biotechnology.
Investors have no trouble understanding when stocks get slammed if they don't deliver earnings growth. But what about stocks that get hammered even when the companies are putting up better-than-average profit growth and are expected to be profit machines? It's not common, but it's happening.
When the tech giant last week unveiled the Apple Watch, its sleek, futuristic timepiece selling for $349 early next year, it roared into a sleepy smartwatch industry dominated by niche devices, most of which had underwhelmed. Although late to the party, Apple has already proved it can upend entire industries: Look what its iPhones and iPads did for cellphones and tablets.
Tiffany & Co. isn't content to just sit on its little blue box. Instead, the iconic jeweler is pushing the boundaries of the brand, introducing the Tiffany T collection of modern jewelry designed by an equally modern woman, Francesca Amfitheatrof, Tiffany's first female design director.
Updated: Wed Sep 17, 2014 11:12 am
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