Latest in Global Luxury
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How Hermès is bucking the global luxury slowdown
Paris-based luxury house Hermès has reported strong financial results despite a global slowdown that has affected competitors LVMH and Gucci owner Kering.Business - CNBC - 9 hours ago -
Luxury Fashion as Political Propaganda
In fights to sway public sentiment, critics often point to costly clothes as evidence of moral corruption.Lifestyle - The New York Times - October 24 -
This luxury capitulation has barely begun
Investors greeted LVMH’s disappointing sales with surprising aplombBusiness - Financial Times - October 16 -
Which luxury train crew are you?
From the Venice Simplon-Orient‑Express to The Ghan Expedition, it’s never been easier, or chicer, to travel by rail. Here are the carriages to knowWorld - Financial Times - October 22 -
Ronaldo designs career-inspired luxury watches
Cristiano Ronaldo has unveiled his own watch collection that feature outlines of his iconic moments in his football career on the clock face.Sports - ESPN - October 15 -
LVMH stock falls on slumping luxury sales in China
LVMH Moët Hennessy Louis Vuitton said a slowdown in Chinese spending had hit its third quarter salesBusiness - MarketWatch - October 16 -
LVMH Results Cast Cloud on Luxury Stocks
European luxury stocks fell after third-quarter results from industry bellwether LVMH dashed hopes that a sector recovery is under way and renewed concerns over the Chinese market.Business - The Wall Street Journal - October 16 -
Tough luxury market dims Dior’s shine
Sales stutter at LVMH brand run by Bernard Arnault’s daughter Delphine as luxury downturn deepensBusiness - Financial Times - October 18 -
Hermes Sales Rise 11% Despite Luxury Slowdown
Hermes reported a rise in sales for the third quarter but looking ahead, it cautioned about global economic, geopolitical and monetary uncertainties.Business - The Wall Street Journal - October 24 -
Hermès defies luxury gloom with strong sales
Paris house posts solid growth in contrast to rivals Kering and LVMHBusiness - Financial Times - October 24 -
Kering and Hermès tell tale of luxury inequality
While the owner of Gucci and YSL brands is spluttering, Hermès has defied the slowdownBusiness - Financial Times - October 24 -
An Italian Luxury House Takes Artisanship to New Heights
At Bottega Veneta, craftspeople are celebrated as much for their creativity as for the quality of their leather work.Lifestyle - The New York Times - 6 days ago -
In Rome, the water is back in the Baths of Caracalla, a luxurious spa
The Baths of Caracalla in Rome were one of the most luxurious spas the world has ever known. Now, for the first time in some 1,500 years, water is back.Top stories - CBS News - 5 days ago -
Prada's Miu Miu Continues to Defy Luxury Slowdown
Prada posted an increase in revenue, buoyed by the popularity of its Miu Miu brand, and continues to buck a downturn in demand for high-end goods that is particularly acute in China.Business - The Wall Street Journal - Yesterday -
The problem with the term ‘global majority’
Endless searching for a label to describe ethnic minority groups is ultimately futileWorld - Financial Times - 2 days ago -
‘800lb gorilla’: luxury brands battle China’s hit grey-market app
Sales of top brands on DeWu make up estimated 70% of country’s grey market as consumers hunt for lower pricesWorld - Financial Times - October 15 -
LVMH shares down 7% after warning of ‘uncertain’ outlook
World’s largest luxury group hit by pullback in Chinese consumer spendingBusiness - Financial Times - October 16 -
Luxury goods shares fall as China slowdown hits LVMH
Owner of Louis Vuitton and Dior brands reports 16% drop in third-quarter sales in Asia excluding JapanBusiness - Financial Times - October 16 -
Brunello Cucinelli Backs Growth Targets as Sales Defy Luxury Slowdown
The fashion concern said its performance improved in both its retail and wholesale channels, with increased revenue across all its markets, in particular in the Americas.Business - The Wall Street Journal - October 17 -
This luxury smart oven is the best toaster oven I've ever used
The Tovala Smart Oven Pro can bake, air fry, toast, steam, broil and reheat. It also has a meal delivery service with select gluten-free and carb conscious options that are quick and easy to make.Top stories - NBC News - October 23 -
Luxury, defence and construction companies hit by French tax hike
Chief executives warn that Michel Barnier’s plan will reverse Emmanuel Macron’s business-friendly reformsBusiness - Financial Times - 4 days ago -
Why do people queue up outside luxury stores?
For brands, controlling footfall improves security, creates an air of exclusivity and weeds out casual shoppersWorld - Financial Times - 2 days ago -
New York City woman found murdered at luxury Hamptons resort and spa
A slain woman's body was found in a guest room at a chic spa and resort in the Hamptons in New York, authorities said Tuesday.Top stories - NBC News - 2 days ago -
Prada continues to defy luxury slowdown as Miu Miu sales boom
Italian group bucks gloom but warns that conditions in Asia are becoming ‘more challenging’Business - Financial Times - Yesterday -
It’s localization, not globalization, for the health of the US economy
The U.S. is undergoing a transformative shift away from globalization and toward localization, with initiatives such as the Inflation Reduction Act and the CHIPS and Science Act prioritizing ...Politics - The Hill - October 17 -
Nobel economics prize goes to global inequality researchers
Three U.S.-based academics won the 2024 Nobel economics prize for their research into why global inequality persists.Top stories - NBC News - October 14 -
The end of US global dominance presents an opportunity for America
Clinging to hegemony leads only to more costly interventions and strategic failures, as evidenced by recent decades of U.S. foreign policy.Politics - The Hill - October 15 -
AI, Aging and Shifts Globalization Will Shock the American Economy
The combination of an aging work force, artificial intelligence and shifts in globalization will challenge America in ways not seen in decades.Top stories - The New York Times - October 17 -
Top 20 Global Concert Tours from Pollstar
AP Global Top 20 Pollstar Week of Oct. 21Entertainment - ABC News - October 18 -
Fragile confidence hinders global economic recovery
Political and economic uncertainties drag on business and household mood, Brookings-FT Tiger index showsBusiness - Financial Times - October 20 -
The global economy has proved surprisingly resilient
But significant downside risks will continue to pose a challenge for policymakersBusiness - Financial Times - October 22 -
TechScape: Elon Musk’s global political goals
Plus: World of Warcraft, polling and cats. • Don’t get TechScape delivered to your inbox? Sign up here . Hello, and welcome to TechScape. I’m Blake Montgomery, technology news editor at the ...World - The Guardian - October 22 -
IMF warns world to avoid global trade war
Economic fears have been rising over Donald Trump's mega-tariff plan and rising US debts.Top stories - BBC News - October 24 -
Is the UN warning of 3.1C global warming a surprise?
Another dire temperature prediction but it has to be seen in context.Top stories - BBC News - October 24 -
Treasuries sell-off reverberates through global markets
Volatility returns ahead of US election as government debt is hit by stronger economic dataBusiness - Financial Times - 6 days ago -
Lebanon placed on global money-laundering ‘grey list’
Financial Action Task Force decision comes after political inaction and could complicate remittance paymentsBusiness - Financial Times - 6 days ago -
Atlas of Finance — a visual aid to the global money maze
An eclectic and ambitious series of maps, graphs and diagrams helps disclose the locations of hidden richesBusiness - Financial Times - 6 days ago -
Cornish miner hoping to capitalise on global race for lithium
Analysts expect supply deficit to develop as countries race to meet climate targetsWorld - Financial Times - 4 days ago