Kathryn Hopkins

People carry shopping bags in New York, New York, USA, 01 August 2017. A report released today by the United States' Commerce Department showed moderate consumer spending growth in June of this year.US Consumer Spending, New York, USA - 01 Aug 2017

Financial

Bricks-and-Mortar Clothing Stores Hit by Summer Slowdown

Retail sale rose in June, but clothing stores and department stores lost out.

clock 7hKathryn Hopkins

An artisan at Tiffany's jewelry design and innovation center.

Government and Trade

Silver Lining for High-End Jewelers Amid Escalating Trade War

Luxury jewelry companies could benefit from a cut in levies by the Chinese government at the beginning of the month.

clock July 13, 2018Kathryn Hopkins

Retailers on New Bond Street

Financial

U.K.’s Luxe Retailers Are on the Pound’s Roller-coaster Ride

Sterling’s journey since the shock Brexit decision is impacting high-end retailers in the U.K.

clock July 12, 2018Kathryn Hopkins

Minimum usage fee is £35Mandatory Credit: Photo by Cultura/REX/Shutterstock (9706678a)MODEL RELEASED, Female customer in shop, paying for goods using credit card on contactless payment machine, mid section, close-upVARIOUS

Government and Trade

Inflation Rises at Fastest Pace in Six Years, Raising Concerns Over Consumer Spending

Economists predict an escalating trade war will push prices up further, squeezing shoppers.

clock July 12, 2018Kathryn Hopkins

Tomas Maier Lists $21M Montauk Mansion

Celebrity Real Estate

Tomas Maier Lists $21M Montauk House for Sale

The German designer is spending much of his time in Maine these days.

clock July 12, 2018Kathryn Hopkins

A container ships sails to the Kwai Tsing Container Terminals in Hong Kong, 11 July 2018. According to reports, Hong Kong's finance minister Paul Chan said the short-term impact on the city of China's escalating trade war with the United States would be limited to a dip in growth of just 0.1 or 0.2 of a percentage point. According to reports, US President Donald Trump announced on 10 July that US is preparing to impose 10 percent tariffs worth 200 billion US dollars on imported goods from China.A container ships sails the East lamma Channel, Hong Kong, China - 11 Jul 2018

Government and Trade

Can the Yuan Help Retailers as the Trade War Engulfs Fashion?

The fashion industry has been targeted in a government list of $200 billion worth of Chinese imports set for 10 percent levies.

clock July 12, 2018Kathryn Hopkins

Traffic makes it's way past the Macy's flagship store, in New York. The company reported its second straight quarter of higher sales at existing stores after a three-year funk. Its shares surged nearly 9 percent Wednesday, and the stocks of other department store chains rose as wellEarns Macys, New York, USA - 16 May 2018

Government and Trade

U.S. Saw Rise in Jobs but Mixed Bag in Retail Sector

Clothing and accessories stores added jobs in June, but department stores shed them.

clock July 6, 2018Kathryn Hopkins

People carry shopping bags in New York, New York, USA, 27 April 2018. The United States Commerce Department's Bureau of Economic Analysis reported today that the US economy grew at an annual rate of 2.3 percent in the first quarter, which is slightly above the average yearly growth rate.US Economic Growth, New York, USA - 27 Apr 2018

Government and Trade

Trade Wars: Will Fashion Be Next?

The trade dispute between the U.S. and China gets real as the first wave of tariffs is implemented.

clock July 6, 2018Kathryn Hopkins

Shoppers walk along Oxford Street in London, Britain, 26 May 2018. The UK has economy has reported its worst quarterly GDP figures since 2013, official figures have shown. Growth has fallen to just 0.1 per cent.UK economy worst quarterly GDP figures for five years, London, United Kingdom - 26 May 2018

Financial

The Consumer Spending Conundrum

Central banks in the U.S., Britain and Europe are all facing the same problem.

clock June 28, 2018Kathryn Hopkins

Live Like Karl Largerfeld in His Former German Manse

Celebrity Real Estate

Live Like Karl Lagerfeld in His Former German Villa

You’ll just need 10 million euros to buy it.

clock June 25, 2018Kathryn Hopkins

Chanel Cruse 2019

Real Estate

Chanel Spends Big on Its Manhattan Headquarters

The luxury French retailer has paid $81.5 million for a 17-story Midtown building.

clock June 23, 2018Kathryn Hopkins

The Bank of England left rates on hold today.

Financial

U.K. Holds Interest Rates as It Awaits Consumer Spending Recovery

The Bank of England kept interest rates unchanged at 0.5 percent.

clock June 21, 2018Kathryn Hopkins

Last minute holiday shoppers walk along a popular clothing district in Los Angeles on . Shoppers who are feeling good about the economy and spending more than expected on items like kitchen gadgets, toys and coats could make this the best holiday season in several years. Shoppers are spending at a pace not seen since the Great Recession, says Craig Johnson, president of retail consulting group Customer Growth PartnersHoliday Shopping, Los Angeles, USA - 24 Dec 2017

Government and Trade

Trade War Stakes: $27 Billion in Apparel Imports From China

This is twice as much as Vietnam, which was in second place with $12 billion.

clock June 21, 2018Kathryn Hopkins

U.S. President Donald Trump waves to journalists as he walks across the South Lawn before boarding Marine One and departing the White House in Washington, DC. Trump is traveling to Camp David.Members of the Trump Family depart White House, Washington DC, USA - 01 Jun 2018

Government and Trade

Trump’s Tariff Threats Rattle Fashion Industry

Fashion escaped tariffs announced last week, but more could be on the way as neither the U.S. or China appears ready to back down.

clock June 20, 2018Kathryn Hopkins

People carry shopping bags outside a shopping mall in New York, New York, USA, 20 December 2017.Holiday shopping in New York, USA - 20 Dec 2017

Financial

Increased Retail Spending Fuels Growth Hopes

U.S. retail sales grew by the biggest amount in six months in May.

clock June 14, 2018Kathryn Hopkins

Load More Arrow

Essentialist

Today's Must Read

People carry shopping bags in New York, New York, USA, 01 August 2017. A report released today by the United States' Commerce Department showed moderate consumer spending growth in June of this year.US Consumer Spending, New York, USA - 01 Aug 2017

Business

Bricks and Mortar Clothing Stores Hit by Summer Slowdown

clock 7hKathryn Hopkins

Social Studies