Luxury labels are having a rough go of it lately, what with fewer tourists flocking to department stores and slowing traffic at standalone stores. So if you’re looking for a wide variety of handbag options this holiday season, you might be limited in your choices: the luxury retailers that usually peddle high-end handbags are trimming their lineups. [More]
luxury retailers
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Fewer Foreign Tourists Means Kate Spade’s Sales Are Struggling
Much like fellow tourist destination Abercrombie & Fitch, Kate Spade is having a bit of a tough time right now, partly because there aren’t as many foreigners visiting the U.S. who are willing to shell out big bucks on shopping trips. [More]