Latest in Luxury Inequality
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Business - Financial Times
Kering and Hermès tell tale of luxury inequality
While the owner of Gucci and YSL brands is spluttering, Hermès has defied the slowdown8 hours ago -
Lifestyle - The New York Times
Luxury Fashion as Political Propaganda
In fights to sway public sentiment, critics often point to costly clothes as evidence of moral corruption.16 hours ago -
Business - The Wall Street Journal
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.19 hours ago -
Business - MarketWatch
If you became rich, what luxuries would you want? For some, it’s all about new socks (seriously).
When asked what they would do with ‘FU money,’ people often choose relatively inexpensive things.5 hours ago -
Business - Financial Times
Hermès defies luxury gloom with strong sales
Paris house posts solid growth in contrast to rivals Kering and LVMH16 hours ago -
Top stories - NBC News
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.Yesterday -
Business - CNBC
Giuliani ordered to hand over New York City apartment, Mercedes, luxury watches to defamation victims
Rudy Giuliani had targeted two election workers with false claims as part of his efforts to overturn Donald Trump's 2020 loss to President Joe Biden.2 days ago - New York -
Top stories - ABC News
Giuliani must turn over luxury items, apartment to cover judgment in poll worker case
Rudy Giuliani must turn over luxury items and shares of his New York City co-op apartment to help cover what he owes two Georgia poll workers he defamed, a judge ruled.2 days ago -
Top stories - NBC News
Rudy Giuliani ordered to turn over his luxury apartment to Ga. election workers he defamed
A federal judge in New York has ordered former New York Mayor Rudy Giuliani to turn over his luxury Manhattan apartment and many of his valuables to the two Georgia election workers he defamed.2 days ago -
World - Financial Times
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 know2 days ago -
Business - Financial Times
Tough luxury market dims Dior’s shine
Sales stutter at LVMH brand run by Bernard Arnault’s daughter Delphine as luxury downturn deepens6 days ago -
Business - CNBC
Historic bitcoin theft tied to Connecticut kidnapping, luxury cars, $500K bar bills
The kidnapping of a Connecticut couple has been linked to one of the biggest thefts of cryptocurrency from an individual in United States history.6 days ago -
Top stories - NBC News
Historic bitcoin theft tied to Connecticut kidnapping, luxury cars, $500K bar bills
Two young men accused of committing one of the largest person-to-person crypto thefts in U.S. history went on a brazen spending spree that included buying exotic cars, a $2 million wristwatch, ...October 17 -
Business - The Wall Street Journal
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.October 17 -
Business - Financial Times
This luxury capitulation has barely begun
Investors greeted LVMH’s disappointing sales with surprising aplombOctober 16 -
Business - Financial Times
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 JapanOctober 16 - China -
Business - Financial Times
LVMH shares down 7% after warning of ‘uncertain’ outlook
World’s largest luxury group hit by pullback in Chinese consumer spendingOctober 16 -
Business - MarketWatch
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 salesOctober 16 - China -
Business - The Wall Street Journal
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.October 16 -
Business - CNBC
I bought a $54,000 abandoned house in Japan and turned it into a luxury Airbnb—take a look inside
Anton Wormann, 32, transformed an abandoned house in Japan into a luxury Airbnb stay. Today, it brings in about $11,000 a month.October 16 -
Sports - ESPN
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.October 15 -
World - Financial Times
‘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 pricesOctober 15 - China -
Top stories - NBC News
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.October 14