Luxury jeweler and watchmaker Harry Winston Diamond Corp's quarterly profit more than tripled as it sold more rough diamonds, and the company said it expects global demand for luxury jewelry and watches to rise.

Beauty products retailer Ulta Beauty posted first-quarter results that beat Wall Street estimates, boosted by strong sales and higher margins, and forecast a current quarter profit above analysts' estimates.

Global sales of luxury goods should rise 7 percent a year through 2014, buoyed by a still-growing Chinese market and barring any major economic crises, Boston Consulting Group forecast on Tuesday.

Elizabeth Arden Inc said on Thursday it has bought the licenses for the Ed Hardy, True Religion and BCBGMAXAZRIA fragrance brands from New Wave Fragrances.

German sportswear company Puma is banking more on soccer than Usain Bolt to help it to weather the European economic storms in a bumper summer of sport, CEO Franz Koch said on Thursday.

Nike Inc plans to sell its Cole Haan and Umbro brands to focus on its core namesake, Jordan, Converse and Hurley brands, the company said on Thursday.

Zumiez Inc reported same-store sales that trumped estimates for the ninth straight month, helped by higher sales in its mens, kids and accessories segments, sending its shares up 4 percent in after-market trading.

Tiffany lowered its fiscal-year sales and profit forecasts on Thursday, citing slowing economic growth in many countries and weakness in its home market, and the upscale jeweler's shares fell 9 percent.

Zale Corp reported a narrower third-quarter loss on Wednesday after another jump in sales in its fine brands segment, and the jeweler said momentum held up through the important Mother's Day period.

Watchmaker Movado Group Inc raised its full-year profit outlook and said it expects to post strong first-quarter results driven by higher demand for its luxury and licensed brand categories.

Ralph Lauren Corp reported a higher-than-expected quarterly profit on Tuesday, helped by soaring sales, but said it expected the pace of revenue growth to slow, in part because of Europe's economic problems.

Kazakh billionaire Goga Ashkenazi, best known for her opulent lifestyle and high-society friends, has agreed to buy a majority stake in fashion house Vionnet, the latest acquisition of a European luxury brand by new-money investors.

U.S. clothing maker Guess Inc reported a quarterly profit that beat market expectations, helped by fewer discounts at its North American retail business and higher sales in Asia, sending its shares up about 6 percent in after-market trade.

Ralph Lauren Corp said it expects lower wholesale sales this fiscal year, hurt by a slowdown in Europe and the closure of some China wholesale operations it will eventually replace with its own stores.

Urban Outfitters Inc reported a quarterly profit above market expectations as the clothing retailer managed to sell more women's apparel at regular prices, sending its shares up as much as 7 percent in after-market trading.