Tiffany's Earnings Beat Estimates, Despite Sluggish U.S. Sales
Tiffany's quarterly net income rose less than 1 percent, but still beat Wall Street predictions as strong demand in Asia for its goods offset weakness in the U.S.
Fifth Avenue
J.C. Penney Takes Aim at Fashion Leader Status
Style watchers have their eye on Fashion Week, under way in the Big Apple -- and so does J.C. Penney. The jcp design groupe is bringing legitimate fashion cred to the retailer, with trendy looks that rival higher-end chains. Follow their new camel cape from conception to consumer with us and you'll get the message they're sending: This is not your mother's J.C. Penney.
Manhattan Real Estate Heating Up? Carlos Slim Buys $44M Mansion
Mexican billionaire Carlos Slim has plunked down a cool $44 million for a hot Manhattan property -- the last remaining privately owned Fifth Avenue mansion. It's a townhouse boasting more than 19,000 square feet right across the street from the Metropolitan Museum of Art.