Department store retailer Nordstrom reported fiscal first-quarter sales this week that came in ahead of analysts’ estimates. The company also hiked its financial outlook for the full year, citing momentum in the business. According to CEO Erik Nordstrom, the company has been able to capitalize on demand from people who are shopping for “long-awaited occasions,” … Continue reading “Nordstrom Raises Full-year Outlook as First-quarter Sales Top Expectations”
Luxury
This Car Just Became the Most Expensive Car Ever Sold at Auction
A 1955 Mercedes just pulled in $143 million at auction, making it the most expensive…
General Motors Says It Will Produce Electric Corvettes
The Chevrolet Corvette has long been considered one of the most coveted and fastest sports…
BMW Adds an Electric Sedan to its 7-Series Lineup
Luxury automaker BMW has added an electric i7 sedan to its flagship 7-series lineup that…
Electric Vehicle Maker Lucid Debuts a High Performance Luxury Sedan
The latest Tesla rival has just been debuted and it's a high-performance luxury sedan with…
Ralph Lauren Made Some Changes to its Digital Team Leadership
Fashion giant Ralph Lauren is making some changes to its digital leadership team that will…
Luxury Powerhouse Louis Vuitton is Raising its Prices
LVMH's top fashion brand, Louis Vuitton, raised its prices around the globe this week, citing…
A Billion-Year Old Black Diamond Was Just Bought with Crypto for $4.3M
A very expensive natural color black diamond, called "The Enigma" has recently been sold for…
Amazon to Open a Real World Clothing Store
Amazon has branched into many different arenas and now the tech giant has revealed that…
Ralph Lauren CEO Has This to Say About the Growing Metaverse
According to clothing and accessory retailer Ralph Lauren's CEO Patrice Louvet, the metaverse is a…
Bentley Reports its Second Year of Record Sales
While many automakers struggled in 2021, luxury carmaker Bentley was seeing the green. This week…
The Spectre is the All Electric New Rolls-Royce Car
Dubbed the Spectre, this vehicle is the all electric new car from luxury automaker Rolls-Royce.…
BMW Has Ordered Up to $24B of Batteries
As the electric vehicle boom continues and demand scorches for batteries, luxury auto maker BMW…
BMW Will Build a New Car at its South Carolina Plant
Luxury auto maker BMW is set to unveil a brand new car later this year…