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Tag: Luxury
The luxury goods market has created its own crisis, and it won’t recover until after 2027
Luxury executives are more bearish about the industry because of tariffs and a changing appetite for high-end goods, the State ...
Mark Zuckerberg wore one of the rarest watches in the world, worth $900,000, while announcing the end of fact-checking at Meta
Greubel Forsey only makes two or three of the Hand Made 1 each year, which takes around 6,000 hours to ...
Park City’s wealthiest guests are furious after $20,000 ski trips became a disaster, and now investors are bailing
Ski patrollers went on strike during the busiest time of year as they negotiated for better wages and benefits. Read ...
From AI reasoning to green fatigue: Fortune’s bold business predictions for Europe in 2025
Fortune's reporters, editors and contributors share their predictions for the year ahead, exploring shifts in AI, consumer behavior, fashion trends, ...
Lone thief pulls off ‘brazen’ $12.5M jewelry heist targeting millionaire London socialite’s luxury collection
Some of the property reportedly belongs to art collector Shafira Huang, said to be a multi-millionaire Instagram influencer and art ...
Walmart is selling a $78 dupe of the Hermès Birkin bag that fans say is so realistic it makes the expensive one obsolete
The Kamugo leather handbag is just 1% of the price of the Birkin. Read More Source link
NFL and NBA players are being targeted by organized crimes groups, FBI warns
Star NFL quarterbacks Patrick Mahomes of Kansas City and Joe Burrow of Cincinnati, along with Chiefs tight end Travis Kelce, ...
Most restaurants don’t make it. Here’s how Jean-Georges restaurants have survived the test of time—and even a pandemic
Legendary chef Jean-Georges Vongerichten also tells young hopefuls that if they can’t handle 14-hour days, the chef life is ‘not ...
De Beers is sitting on a $2 billion pile of diamonds as demand slumps — ‘It’s been a bad year’
The diamond giant's $2 billion in inventory is the most since the 2008 financial crash, according to the Financial Times. ...
Luxury safaris adapt as travelers push for meaningful experiences
Luxury safari-goers were once all about spotting lions, leopards, elephants, buffaloes and rhinos — albeit while staying in nicer tents ...
Bitcoin’s rally is nudging more luxury companies to make crypto a payment option—and sends a strong message to its younger clientele
Ferrari launched crypto payments on its ultra-luxury cars last year in response to demand from dealers and buyers who were ...
Indian travelers will be the story of the next decade: Hilton exec
Indian travelers spent $34.2 billion on outbound travel in 2023, according to the World Travel & Tourism Council.But the current ...
Kick off the festive season with Fortune’s ultimate luxury gift guide
Unsure what to buy your loved ones this festive season? Look no further. For 2024, our editorial team curated tried-and-tested ...
50 million people have stopped buying luxury brands like Dior and Burberry after ‘broken promises’ to customers
Nothing gold can stay. Despite years of strong performance, the market for personal luxury goods is set to slow down ...
Over 80% of Millennials say they can’t afford a midlife crisis
Buying sexy sports cars, changing hairstyles, and finding a mistress used to be the classic signs of a midlife crisis—at ...
Acquisition speculation around Meta, Ray-Ban maker and Moncler, Burberry
News on the luxury grapevine lifted shares of Burberry and EssilorLuxottica yesterday amid speculation that two major industry deals are ...
Mercedes F1 team seeks ‘clothing executive’ to dress its drivers
Formula 1 drivers know how to operate $16 million vehicles that can reach 233 miles per hour. But they still ...
Chanel’s CEO went to Microsoft HQ and asked ChatGPT to show her a picture of her company’s leadership. They were all men in suits.
Chanel’s second female global CEO Leena Nair, who has worked to increase gender diversity in the workplace, recently learned that ...
Mike Jeffries’ troubled history with Abercrombie
Millennials: You’ll remember walking into Abercrombie & Fitch in the late ‘90s and early 2000s. Loud, thumping music, perfume so ...
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