Wall Street equities finished lower Thursday following a mixed US retail sales report, while European luxury stocks pushed higher following strong results from Cartier owner Richemont.

Strong bank earnings failed to sustain a rally on Wall Street, but stocks in Europe and Asia pushed higher. European and Asian indices gained after Wednesday's Wall Street rally.

Richemont delivered stunning holiday quarter performance with luxury jewelry sales up 14%, while Signet reported holiday accessible/mass-market jewelry sales down 2%.

Cartier owner Richemont’s robust results have boosted sentiment about luxury stocks – but are investors getting carried away?

As the industry gathers at Paris Fashion Week, bosses are eyeing a revival in demand across the Atlantic to kick-start a recovery.

Messika is not alone. This winter, South African-British diamond jeweller De Beers will open a 350 square metre, two-floor flagship boutique, having chosen the Rue de la Paix over Paris sites offering vastly higher footfall, including the nearby Avenue des Champs-Élysées.

Niches are lined with bags and footwear, including the best-selling urban cowboy Nevada boot that Holstein designed “on a whim” in 2019, and remains Khaite’s number-one style, influencing countless other brands down the market.

By Christopher Rugaber and Anne D’Innocenzio AP Business Writers American consumers wrapped up the year in a spending mood, buying all sorts of merchandise from furniture to clothing and eating out at restaurants,

The second inauguration of Donald Trump is expected to draw former presidents, tech billionaires, world leaders, and performers. Here are some notable attendees for the 60th Inaugural Ceremonies:

Lauren Sanchez donned a risqué ensemble to Donald Trump's inauguration on Monday evening, but those who have kept tabs on her will know that she didn't always used to dress this spicy.

Best and worst energy firms revealed as customer choice slowly returns Octopus Energy, Utility Warehouse and 100Green have been named the best energy

The "Magnificent 7" are set to dominate earnings focus in the coming week, as five of these tech giants are due to report, though there are still a number of other big names releasing results. Tesla (TSLA),