Latest in Luxury Sectors
Sort by
31 items
-
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 - 3d -
Luxury’s ‘America first’ moment
Flush stock market investors and newly-minted crypto bros have clearly been busy with festive shoppingFinancial Times - 3d -
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 - 3d -
-
UK housebuilders predict sector growth on Labour planning reforms
Taylor Wimpey and others say government measures will boost sector in spite of economic uncertaintyFinancial Times - 3d -
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 - 3d -
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 - 4d -
Why S&P 500’s financials sector just booked its best day since early November
Bank stocks were surging Wednesday.MarketWatch - 4d -
‘It’s about solidarity, not charity’: the Oxfam chief seeking to decolonise the aid sector
Halima Begum outlines her vision for what she sees as a ‘broken model’, with more power over spending given directly to the affected communities. The outdated, elite-dominated international charity ...The Guardian - Jan. 13 -
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 -
U.S. Imposes New Sanctions to Squeeze Russia’s Energy Sector
The Biden administration is cracking down on the Russian “shadow fleet” and taking steps to curb oil and gas production.The New York Times - Jan. 10 -
US imposes wide-ranging sanctions on Russian oil sector
Move by outgoing Biden administration made in co-ordination with UKFinancial Times - Jan. 10 -
Biden administration imposes major sanctions on Russian energy sector
The Biden administration announced Friday it was imposing what it billed as the most significant sanctions to date on the Russian energy sector, targeting Moscow’s oil and liquified natural gas ...The Hill - Jan. 10 -
China’s solar sector could be on course for a glow-up
After a plague of overcapacity and falling prices, there are signs the sector may be approaching a bottomFinancial Times - 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 -
Private-sector hiring slows: ADP
Hiring in the U.S. private sector and pay growth slowed down in December last year across several industries, according to a report released on Wednesday. The Always Designing for People (ADP) ...The Hill - Jan. 9 -
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 -
Trump’s Wind Turbine Threats Could Leave the Sector Spinning
President-elect Donald Trump pledged to halt development of wind energy projects, a threat that could slow offshore wind beyond his term.Inc. - Jan. 8 -
Back to office disputes spread across UK public sector
Staff at Land Registry to take industrial action after being ordered back to their desks three days a weekFinancial Times - Jan. 8 -
Private sector companies added 122,000 jobs in December, less than expected, ADP says
Job creation eased more than expected in December while wages grew at the slowest pace in nearly 3½ years.CNBC - Jan. 8 -
British luxury carmaker Rolls-Royce says super rich fueling a demand boom for bespoke models
BMW-owned Rolls Royce Motor Cars, like other luxury car brands, has seen an uptick in demand for bespoke and complex car models in recent months.CNBC - Jan. 8 -
-
Blackstone joins private equity deal wave in US accounting sector
Acquisition of Citrin Cooperman from New Mountain Capital for $2bn marks a step up in valuationsFinancial Times - Jan. 7 -
CNBC Daily Open: The AI sector still has legs to run
Semiconductor stocks jumped on Monday, lifted by buoyant news regarding the artificial intelligence sector. The S&P and Nasdaq posted two straight days of gains.CNBC - Jan. 7 -
‘Evolution not revolution’: Can the private sector help cut NHS waiting lists?
Keir Starmer has vowed to make better use of existing capacity to reduce massive backlogFinancial Times - Jan. 6 -
Citigroup’s stock is a banking-sector bargain as ‘inflection point’ looms, analyst suggests
Barclays analyst Jason Goldberg upgrades Citigroup to overweight from equal weight on bullish 2025 prospects.MarketWatch - Jan. 6 -
‘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 -
US relaxes green hydrogen rules in race to boost sector
Biden administration’s Treasury delays stricter requirements for claiming tax credits ahead of Trump’s returnFinancial Times - Jan. 3 -
Reinsurance costs fall as sector deploys record capital
Decrease follows two years of bumper profits for providersFinancial Times - Jan. 2 -
German solar sector in distress as glut of panels heaps pressure on industry
Wave of bankruptcies hits key European market as double-digit growth rate slowsFinancial Times - Jan. 2
