luxury handbag

Consumers Are Finding Cash for 'Small Luxuries'

As the economy improves, Americans have begun splurging again. But they're limiting their indulgences to haircuts, casual dining and coffee, while continuing to forego many bigger expenditures, like vacations and dining at expensive restaurants.

Coach Earnings Pop 34% on Strong Sales

Coach reported a 34% increase in its fiscal fourth-quarter earnings on Tuesday, as the handbags and accessories maker continued to see sales pick up in North America and China. Net income for the quarter rose to $195.5 million from $145.8 million a year earlier.