Latest in World's Largest Luxury
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World’s largest sovereign wealth fund reports record $222 billion annual profit on tech rally
Norway’s sovereign wealth fund reported its full-year earnings on Wednesday.CNBC - 1d -
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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 -
India voices alarm over China’s plans to build world’s largest dam in Tibet
Row comes as New Delhi and Beijing try to repair relations following deadly border clashesFinancial Times - 3d -
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 -
World’s largest iceberg drifts threateningly toward remote island of penguins and seals
Gigantic wall of ice moves slowly from Antarctica on potential collision course with wildlife breeding ground. The world’s largest iceberg – a behemoth more than twice the size of London – is ...The Guardian - 6d -
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 -
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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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Fire at One of World's Largest Battery Plants Prompts Evacuations in California
Authorities haven’t determined what sparked the blaze.The Wall Street Journal - Jan. 17 -
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 -
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 -
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 -
India kicks off a massive Hindu festival touted as the world's largest religious gathering
Millions of Hindu devotees, mystics and holy men and women flocked to kickstart the Maha Kumbh festivalNBC News - Jan. 13 -
India kicks off a massive Hindu festival touted as the world's largest religious gathering
Millions of Hindu devotees and mystics have gathered in the northern Indian city of Prayagraj for the Maha Kumbh festival, which is the largest religious congregation on earthABC News - Jan. 12 -
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 -
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 -
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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
