Marking the biggest sales dip in 11 months, US consumer spending cooled off in the first quarter, following the holiday season's strong showing. Year-over-year data, however, shows a healthy uptick of 5.4 percent.
Egyptian jeweller Azza Fahmy is to launch in the UK with the brand having just signed up to a store in luxury shopping-location-cum-tourist-destination Burlington Arcade as London remains a key focus for high-end brands.
Armed robbers launched a spectacular raid on the world famous Ritz hotel in Paris Wednesday, making off with an estimated four million euros worth of jewels, the latest in a string of high-profile heists in Paris.
Celebrity favorite Rimowa has opened a pop-up shop in Beverly Hills on Rodeo Drive. This is the first ever pop-up shop for the legacy German luggage and accessories brand known for its aluminum-sided ridged bags.