Kate Spade Shares Jump After Handbag Maker Increases Forecast

Kate Spade summer 2014 campaign | Source: Kate Spade

NEW YORK, United States — Kate Spade & Co., the handbag maker with aspirations to be a global lifestyle brand, jumped as much as 12 percent in early trading after beating quarterly earnings estimates and raising its annual forecast.

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Barneys New York to Pay $525,000 in Racial Profiling Settlement

Barneys New York | Source: Reuters

NEW YORK, United States — Barneys New York has agreed to pay $525,000 to settle a lawsuit over claims that it targeted black and Latino customers for credit-card fraud checks and surveillance while they shopped in its luxury clothing stores, city officials said on Monday.

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