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Coach sales results don't tell the whole story

Although Coach's revenues increased 4 percent, the gain was mostly attributable to its recently acquired Stuart Weitzman brand.
Source: CNBC.com | By: Krystina Gustafson
Can any retailer hope to survive against Amazon?

Amid Amazon's long-standing love affair with Wall Street, the rest of the retail industry is getting hammered - online and off.
Source: CNBC.com | By: Ari Levy
Hudson's Bay to buy online luxury retailer Gilt

Jan 7- Canadian department store operator Hudson's Bay Co has agreed to buy online luxury retailer Gilt Groupe Holdings Inc for about $250 million. Hudson's Bay expects the deal to add about $500 million to its 2016 total sales, the company said on Thursday. Hudson's Bay, which has a market value of about C $3 billion, said it plans to open Gilt shops inside its Saks...
Source: Reuters
Ringleader of Saks ID theft scheme pleads guilty

NEW YORK, Jan 6- The ringleader of a scheme in which four former Saks Fifth Avenue employees used stolen customer data to buy $430,000 of luxury goods from the retailer's flagship Manhattan store, with plans to resell them on the black market, has pleaded guilty, prosecutors said. Tamara Williams, 38, of Queens, pleaded guilty to grand larceny, identity theft and...
Source: Reuters | By: Jonathan Stempel