luxury retailers

Midday Market Minute: Michael Kors Shares Jump to Lifetime High

Shares of Michael Kors, Fossil, and Avon Products all opened sharply higher on Tuesday after the companies posted encouraging quarterly results. The strong reports show that consumers are starting to warm up to the luxury goods that were hard to justify when the economy was sputtering.

Hermes Opens Store Just for Men

Take a stroll up Madison Avenue and one will see a number of vacant storefronts with "for lease" signs in the windows that are too numerous to count. But that isn't stopping Hermes, which will open its first store dedicated to men's ready-to-wear, accessories on Wednesday.

Tiffany retains its luster

Tiffany & Co. (TIF) may not be not recession-proof, but it is weathering the economic maelstrom better than many other retailers.

The New...