Latest in Largest Luxury Group
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This state is facing the largest tuberculosis outbreak in US history
Kansas is currently facing the largest recorded tuberculosis outbreak in U.S. history with 67 confirmed active cases and 79 confirmed latent cases.ABC News - 2d -
World's largest luxury group LVMH posts better than feared full-year sales
The world's largest luxury company LVMH on Tuesday reported better-than-expected full-year sales, in the strongest sign yet of a potential turnaround in the high-end sector.CNBC - 2d -
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Which Says Luxury: Specialty Work or Gobs of Gems?
Brands still pile on the glitter, but skills such as enamel and miniature work have become the real distinguishing characteristics of high-end watches.The New York Times - 4d -
New Luxury Hotel in Serbia Will Be a Trump-Kushner Joint Project
The plan illustrates the continued ambitions of the Trump family to forge new international deals even as President Trump has returned to the White House.The New York Times - 5d -
Luxury brands urge return of UK tax-free tourist shopping
Watch and jewellery companies report double-digit falls in sales to foreign visitors since measure was abolished post-BrexitFinancial Times - 6d -
A rebel group is advancing on eastern Congo's largest city and over 100,000 people have fled
The M23 rebel group is advancing toward eastern Congo’s largest city of GomaABC News - Jan. 22 -
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2025 Travel: Luxury Resorts Prioritize Privacy and Being Worth the Expense
Even travelers of means want their money’s worth as they go farther afield, avoiding crowds and heat waves.The New York Times - Jan. 22 -
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Scotland’s largest haggis maker creating new recipe to meet US rules
Macsween working to circumvent food regulations that have banned traditional recipe in US for more than 50 years. Scotland’s largest haggis maker is creating a “compliant” recipe of the nation’s ...The Guardian - Jan. 18 -
Drone footage shows fire at one of world's largest battery plants
The Moss Landing power plant, in California, was evacuated, as were people in the surrounding area.BBC News - Jan. 17 -
Luxurious Pompeii spa complex unearthed after 2,000 years
A huge private bathhouse is found after lying hidden for 2,000 years under volcanic rock and ash.BBC News - Jan. 17 -
Luxury’s ‘America first’ moment
Flush stock market investors and newly-minted crypto bros have clearly been busy with festive shoppingFinancial Times - Jan. 17 -
Why ’Succession’-style ‘quiet luxury’ may need to go away to revive luxury goods
Winning back shoppers and reviving the luxury-goods industry’s sales will depend in part on ditching the plain, understated tones of the “quiet luxury” trend, BofA analysts said.MarketWatch - Jan. 16 -
F.T.C. Sues Greystar, Largest U.S. Apartment Landlord, Over Hidden Fees
The antitrust and consumer protection agency accused Greystar Real Estate Partners of deceptive pricing, charging tenants millions of dollars in unadvertised fees.The New York Times - Jan. 16 -
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Richemont stock is surging by the most ever. Other luxury plays are jumping too.
The struggling European luxury-goods sector roared to life Thursday after Richemont reported its highest-ever quarterly sales as it blew by analyst estimates.MarketWatch - Jan. 16 -
Largest California wildfires still less than 50% contained, but conditions improving
The National Weather Service says "things are starting to look better" for firefighters around Los Angeles with winds dying down and some of the red flag warnings in the area being allowed to ...CBS News - Jan. 16 -
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 salesFinancial Times - Jan. 16 -
The ‘Largest Illicit Online Marketplace’ Ever Is Growing at an Alarming Rate, Report Says
Huione Guarantee, a gray market researchers believe is central to the online scam ecosystem, now includes a messaging app, stablecoin, and crypto exchange—while facilitating $24 billion in ...Wired - Jan. 14 -
DC's Amazon lawsuit reminds us that safety is a luxury for Black Americans
While America was getting more violent, it was Black Americans who felt the increase most acutely.The Hill - Jan. 11 -
World’s largest chip maker, Taiwan Semiconductor Manufacturing, reports record sales
The key supplier of advanced chips for the world’s leading tech companies saw record revenue in the final quarter of 2023.MarketWatch - Jan. 10 -
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 labourersFinancial Times - Jan. 10 -
Silicon Valley’s largest start-ups to shun IPOs in 2025
Huge recent fundraising deals for Databricks, SpaceX and OpenAI further delay need for stock market debutsFinancial 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 -
'Largest recorded UK catfish' caught in Essex lake
Shaun Ing and friends used a body bag left over from Halloween to help lift the giant fish.BBC News - Jan. 8 -
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Biden establishes largest corridor of protected land by adding 2 new monuments
The two new monuments -- the Chuckwalla and Sáttítla Highlands -- total nearly 850,000 acres, according to the administration.ABC News - Jan. 7 -
Pentagon blacklists Tencent, largest Chinese EV battery maker
The Defense Department has added dozens of Chinese firms to a list of companies that are prohibited from working with the Pentagon and defense industry due to their alleged ties with China's ...The Hill - Jan. 7 -
‘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 cutsFinancial Times - Jan. 4 -
Thai PM declares luxury handbags, watches among $400 million in assets
Thailand's youngest-ever leader has more than 200 designer handbags worth over $2 million, as well as property in London and Japan, her party said.CBS News - Jan. 3 -
FBI seizes one of the largest stockpiles of homemade explosives in its history
Investigators seized over 150 pipe bombs and other devices when they arrested a Virginia man on a firearms charge. Federal agents in the US found one of the largest stockpiles of homemade ...The Guardian - Jan. 1