Luxury retail companies have been beaten down heavily due to the financial crisis, but they’re slowly starting to make a comeback as consumers start to open their wallets again, said David Schick, luxury retail analyst at Stifel Nicolaus, and Scott Krugman, vice president at National Retail Federation.    Read More

Brunswick has rallied 15 percent in three days, causing one big investor to bet that the debt-laden speedboat maker may have run too far.    Read More

Warren Buffett's big jewelry retailer in Omaha is feeling the recession's sting.  In another sign that even 'luxury' stores backed by billionaires aren't immune to the economic downturn, Borsheim's has laid off 13 employees.   Read More