A new study from MasterCard confirms a trend of slowing luxury spending - seen in earnings...
A new study from MasterCard confirms a trend of slowing luxury spending - seen in earnings reports from jewelry sellers Tiffany (TIF -4.4%) and Signet Jewelers (SIG -4.5%) - with sales only increasing 1.8% in April after gaining 6.7% in Q1. Analysts say the supposedly non-cyclical wealth effect isn't holding up against economic headwinds. On watch: COH, KORS, EL, HESAF.PK.
From other sites
TIFFANY : & CO : Change in Directors or Principal Officers, Other Events, Financial Statements and Exhibits (form 8-K)at 4-traders.com (Tue, 5:09PM)
Tiffany : Reports Fourth Quarter and Full Year Results and Management Updates 2015 Financial Outlookat 4-traders.com (Mar 23, 2015)
at Zacks.com (Mar 20, 2015)
at MarketWatch.com (Mar 20, 2015)
at CNBC.com (Mar 20, 2015)
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