As retailers wrapped up their earnings reports this week, most said they’re back in cost-control mode and will tighten inventories after the holidays. Shoppers are still spending cautiously and costs are on the rise, so profits…
Burberry reported 11% sales growth in its second quarter year-over-year Wednesday, but compared to the first quarter, that marked a slowdown for the luxury fashion powerhouse, and shares fell. Burberry also said it expects full…
The Greenhouse Spa in the Dallas area is up for sale, a sign that luxury spas are struggling with a weak economy and competition from day spas.
The spa, which counts Cindy Crawford and Grace Kelly among its former clients, charges $4,500 to $5,000 for a weeklong stay, The Wall Street Journal said.
Unfortunately, the spa vacation is less and less popular. In the past, a week of…
Continue reading Greenhouse Spa Up for Sale as Women Shun Luxury Pampering
Greenhouse Spa Up for Sale as Women Shun Luxury Pampering originally appeared on DailyFinance on Wed, 06 Oct 2010 08:22:00.
Filed Under: Company News, People, Retail
Italian fashion label Prada is considering an IPO with primary listing in Hong Kong, rather than home-base Milan, accroding to reports. Four of its previous attempts at an IPO have been scrapped in the past 10 years, but now th…
Who owns the 25 most expensive homes in Hawaii? The answer to that question provides a window into the changing nature of the U.S. economy by revealing which industries are producing mega-millionaires in an era of economic hard…