Luxury consumers spent big on bling for Christmas
January 20, 2022
Richemont, which owns Cartier and Piaget, reported a 38 percent increase in sales for its jewelry brands during the fourth quarter of 2021. The company reported that U.S. shoppers made up 59 percent of its jewelry dollar store growth during the period.
Recent News
Peloton CEO Steps Down and Layoffs Begin
Peloton, the popular fitness technology company, has announced significant changes in its leadership and organizational structure.
California Restaurants Must Start Eliminating Special Surcharges
Starting July 1, California is changing the game for restaurant bills.
T-Mobile Now Owns Ryan Reynolds-Backed Mint Mobile
The deal is worth upwards of $1.35 billion.
Chipotle Is Giving Away Over $1 Million in Burritos to Healthcare Workers
In acknowledgment of the tireless contributions of healthcare workers, Chipotle Mexican Grill has announced a notable gesture of appreciation: the distribution of 100,000 free burrito e-cards.