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Luxury

Page 28 of 100
All the finer things in life.
French fashion brand Hermes store seen in Hong Kong airport.
Retail
Hermès billionaire heir moves to cut ties with his charity amid plans to adopt gardener and pass on part of his fortune
By Tara Patel and BloombergDecember 19, 2023
watch shopper
Lifestyle
‘I believe that we will never see this ever again’: High-flying Swiss luxury watch makers grounded as the great pandemic splurge peters out
By Andy Hoffman and BloombergDecember 8, 2023
Alain Wertheimer and his brother Gerard Wertheimer attend the Prix de Diane Longines at Hippodrome de Chantilly on June 12, 2011 in Chantilly, France.
Success
Chanel heir with a $48 billion fortune is the richest person in Switzerland thanks to a post-pandemic luxury goods boom
By Chloe TaylorNovember 27, 2023
Knockoff Coach and Louis Vuitton handbags
Retail
2 men charged with trafficking $1 billion of counterfeit goods from a storage locker in New York City
By The Associated Press and Irina IvanovaNovember 16, 2023
person walking outside a burberry storefront
Retail
Burberry joins LVMH and Gucci in the luxury slump as brand says it may miss its revenue target for the year
By Prarthana PrakashNovember 16, 2023
Giorgio Armani plans to control his fashion empire even in death with a succession plan that details everything from style to IPOs and mergers
Retail
Giorgio Armani plans to control his fashion empire even in death with a succession plan that details everything from style to IPOs and mergers
By Ryan HoggNovember 15, 2023
a lady pointing her finger to the right in front of a poster of a watch
Lifestyle
Prices of high-end Rolex and Patek Philippe watches hit a new 2-year low as luxury slump spreads beyond LVMH and Gucci
By Prarthana PrakashNovember 14, 2023
people walking outside a Cartier store
Retail
Cartier owner Richemont sales disappoint as economic pressures start to pinch even the rich
By Prarthana PrakashNovember 10, 2023
a row of people seen at work with frames for eye glasses in hand
Retail
LVMH strikes sunglasses deal targeting entry-level shoppers as luxury spending slows down
By Prarthana PrakashNovember 6, 2023
Gen Z and millennials have found a lucrative new hobby thanks to skyrocketing luxury prices: Flipping designer handbags
Features
Gen Z and millennials have found a lucrative new hobby thanks to skyrocketing luxury prices: Flipping designer handbags
By Hillary HoffowerNovember 2, 2023
Owners of DAOU Vineyards Daniel and Georges Daou
Lifestyle
Australian winemaker just paid $1 billion for a California vineyard owned by two brothers who started making wine in their garage
By Paolo ConfinoOctober 31, 2023
Neiman Marcus CEO says a key to his success is a habit Gen Z has forgotten
Success
Neiman Marcus CEO says a key to his success is a habit Gen Z has forgotten
By Paige HagyOctober 25, 2023
people walking outside a Gucci showroom
Retail
Luxury slump intensifies as shoppers buy less Balenciaga and Gucci, in latest sign of an end to the ‘roaring 20s’
By Prarthana PrakashOctober 25, 2023
picture of bernard arnault smiling
Retail
Bernard Arnault, the world’s second richest man, may be seeing the end of his winning streak as luxury shoppers bolt for the first time in years
By Prarthana PrakashOctober 11, 2023
picture of a louis vuitton storefront in france
Retail
European luxury stocks are losing their allure on Wall Street and have hit their biggest slump since 2020
By Prarthana PrakashOctober 9, 2023
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