Italian luxury shoe and bag maker Tod's SpA will have "an optimal" 2008 if the current trend continues, or even if it slows a little, Chairman and Chief Executive Officer Diego Della Valle said on Tuesday.
Shares of bookseller Borders Group Inc and athletic shoe seller Finish Line Inc plummeted during volatile trading in consumer stocks on Friday, November 21st as fears of a worsening retail environment took hold days before the holiday season kicks into high gear.
Shares in Swiss watchmakers Swatch Group and Richemont fell on Thursday after trade data showed demand for Swiss timepieces had slowed sharply in October. Swiss watch exports rose 0.1 percent in October after a 15.
French experts said on Tuesday they had proof that the Hope Diamond, a star exhibit in Washington's Smithsonian Institution, is a legendary gem once owned by King Louis XIV that was looted in the French Revolution.
Chinese jewelry maker Fuqi International Inc posted better-than-expected quarterly results, driven by increase in the wholesale business and raised its 2008 outlook fourth time this year, sending its shares up as much as 33 percent.
Watchmaker Fossil Inc posted better-than-expected quarterly results, but cut its fourth-quarter earnings outlook to reflect a weaker economy and pressure from the strengthening U.S. dollar, sending its shares down 6 percent.