Why ’Succession’-style ‘quiet luxury’ may need to go away to revive luxury goods

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  'Once-in-a-century' discovery reveals spectacular luxury of Pompeii

  A huge private bathhouse is found after lying hidden for 2,000 years under volcanic rock and ash.
  
  BBC News - 12m
• 

  UK regulators delay new banking rules for a second time

  US uncertainty prompts Bank of England to push back implementation of new regime to 2027
  
  Financial Times - 17m
• 

  'Norman exit a good move but LIV isn't going away'

  Rory McIlroy says Greg Norman's exit is "probably a good move" for a LIV circuit which he believes is here to stay for the foreseeable future.
  
  BBC News - 19h

• Luxury goods groups drive European stocks to highest level in a month

  LVMH and Hermès push up Cac 40 after Richemont’s better than expected sales
  
  Financial Times - 20h

• Italy’s luxury wineries rely on illegal migrant workers

  Barolo, Barbaresco and other high-end wines made in Langhe region grapple with dependence on undocumented labourers
  
  Financial Times - Jan. 10

• As Art Sales Fall, Christie’s and Sotheby’s Pivot to Luxury

  With both supply and demand for big-ticket art in a slump, Sotheby’s and Christie’s are making major bets on selling handbags, classic cars and niche experiences.
  
  The New York Times - Jan. 9
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  How long will Genesis be the inconspicuous luxury brand?

  Yahoo News - Jan. 8

• ‘There will be a bit of a slump’: London braced for luxury hotel glut

  Biggest number of room openings in more than a decade prompts concerns about oversupply and price cuts
  
  Financial Times - Jan. 4

More from MarketWatch

• These tips for investing in mutual funds and ETFs help your portfolio go further

  The new year is a good time to make long-term plans for your money and finances.
  
  MarketWatch - 4h

• Small-cap ETFs went on a wild ride. Can they regain momentum after Trump takes office?

  Small-cap ETFs have been on a roller-coaster ride in the first two weeks of the new year.
  
  MarketWatch - 7h

• Most mutual funds don’t beat the market — but what’s ‘the market’ anyway?

  The S&P 500 is a high bar for fund managers. The Dow? Not as much.
  
  MarketWatch - 8h

• The ‘January defect’ could slam stocks if buyers don’t step up quick

  For the bulls to reassert control, the S&P 500 would have to rally to all-time highs.
  
  MarketWatch - 8h

• Is Trump’s bitcoin embrace the biggest ‘pump-and-dump’ ever?

  The U.S. government buying bitcoin at inflated prices would do nothing to pay off America’s debt.
  
  MarketWatch - 8h

More in Business

• 

  UK regulators delay new banking rules for a second time

  US uncertainty prompts Bank of England to push back implementation of new regime to 2027
  
  Financial Times - 17m
• 

  Israel’s cabinet to meet to approve Gaza ceasefire deal

  Last-minute crisis in talks with Hamas has been resolved
  
  Financial Times - 35m
• 

  China gets ‘dragon year’ birth boost but population falls for third year

  Policymakers trying to stem decline with tax breaks and other campaigns
  
  Financial Times - 51m

• Greenland’s melting ice is clearing the way for a mineral ‘gold rush’

  Greenland, a vast but sparsely populated Arctic island, has been transformed by the climate crisis in recent decades.
  
  CNBC - 55m

• India is staring at an 'oil shock' as U.S. sanctions on Russian crude loom

  India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia's oil industry.
  
  CNBC - 1h