Luxury

Page 18 of 100

All the finer things in life.

Luxury handbag and apparel sales are set to stall because of price hikes and a ‘self-inflicted’ creativity crisis, Bain study says
Retail

Luxury handbag and apparel sales are set to stall because of price hikes and a ‘self-inflicted’ creativity crisis, Bain study says

By Colleen Barry and The Associated Press
June 19, 2024
Anne Milgram
Finance

A 45-year-old Los Angeles man was charged in a $50 million scheme to launder Mexican cartel money via rich Chinese nationals who wanted luxury goods, prosecutors allege

By
June 19, 2024
Zoo giraffes feeding
Lifestyle

Six Flags opens its first luxury hotel, which features daily giraffe feedings at safari-themed park

By Carlye Wisel and Bloomberg
June 16, 2024
Balenciaga goods are going for 40% off in China as luxury brands conduct ‘the equivalent of hosting a public sale on Fifth Avenue’
Finance

Balenciaga goods are going for 40% off in China as luxury brands conduct ‘the equivalent of hosting a public sale on Fifth Avenue’

By Shirley Zhao and Bloomberg
June 14, 2024
"Infatuation" 1986-1987, by Ross Bleckner displayed at the Unlimited sector of Art Basel fair.
Retail

The world’s richest are reconsidering their spending at Art Basel

By James Tarmy and Bloomberg
June 12, 2024
Prices for the most recent version of the Rolex GMT Master II with a red and blue ceramic bezel, nicknamed the ‘Pepsi,’ rose 4.1% to about $21,000 over the past year.
Retail

Buying the wrong color watch could cost you thousands: These two Rolexes are diverging in price

By Andy Hoffman and Bloomberg
June 12, 2024
RH CEO Gary Friedman sits at table
Leadership

RH’s CEO holds 10-hour ‘adventures’ with execs and says ‘I don’t yell at people—I yell at the problem’

By
June 8, 2024
Usher posing with a bottle in his hand
Retail

As Rémy Cointreau profits slump 30% and fine tequila becomes more popular, will American rap fans help French cognac rebound?

By
June 6, 2024
Alain Wertheimer (R) and his brother Gerard Wertheimer.
Finance

Chanel’s controlling family’s personal wealth has jumped $12.4 billion in 3 years as the business weathers luxury demand downturn

By Tara Patel and Bloomberg
June 6, 2024
A man looks through a magnifier at a diamond set in a ring.
Retail

The diamond industry is ‘in trouble’ after prices sunk 6% this year. A jewelry CEO blames the rapid growth of lab-grown diamonds.

By
June 5, 2024
people walking outside a de beers store
Retail

De Beers, the business that coined ‘diamonds are forever,’ is pivoting to jewelry retail ahead of spinoff from Anglo American

By
June 5, 2024
MADRID, SPAIN - MAY 29: EDITORIAL USE ONLY. NO BOOK COVERS Taylor Swift performs on stage during "Taylor Swift | The Eras Tour" at Santiago Bernabéu Stadium on May 29, 2024 in Madrid, Spain. (Photo by Xavi Torrent/TAS24/Getty Images for TAS Rights Management )
Lifestyle

London’s luxury hotels unveil ‘gig-tripping packages’ with karaoke and glittery welcome drinks—ahead of Taylor Swift’s Eras Tour

By Sarah Rappaport and Bloomberg
June 5, 2024
Elon Musk
Tech

Elon Musk can’t just ask ‘his brother and his besties’ at Tesla to pay him $46 billion, NYC comptroller says

By
June 5, 2024
Hock Tan
Finance

Pay for executives skyrocketed 12.6% last year, dwarfing the 4.1% raises for rank-and-file employees

By Mae Anderson, Paul Harloff, Barbara Ortutay and The Associated Press
June 3, 2024
Rolex Oyster Perpetual Date watch
Retail

Rolex watches are getting more expensive because gold prices have soared to record highs

By Andy Hoffman and Bloomberg
June 2, 2024

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