Browsing: Luxury
LVMH and the organizers of the Formula One races have signed a major sponsorship deal potentially worth $1 billion, with…
Burberry brand value plunges 42% as group threatens to become long-term victim of the luxury slowdown
Burberry’s brand value has plunged in the last year as the company fights the dual challenges of a luxury downturn…
Per the Bloomberg Billionaire’s Index, Arnault’s fortune leapt from $177 billion on Tuesday to $207 billion less than a week…
LVMH is investing in $2,000 ski jacket maker Moncler, which has quadrupled sales in a decade and become a TikTok sensation
Moncler has had a dream run selling its exorbitant winter jackets and ski gear—so much so that it has attracted…
Hermès boss doesn’t like the company being compared to arch-rival LVMH, which once tried to buy the Birkin bag maker
Hermès is part of the crème de la crème in luxury, as is Louis Vuitton’s parent, LVMH. But Axel Dumas,…
Bernard Arnault bumped back to the world’s fourth richest man—thanks to China’s multibillion-dollar stimulus
LVMH patriarch Bernard Arnault had a short-lived time as the world’s fifth-richest man. The French magnate shed about $54 billion…
Evian-filled tub, pet acupuncture, caviar hot dog: Here’s a peek inside the hidden world of hotels
We pass in and out of hotels without knowing what is going on in all the other rooms. But now…
Spirits giant Diageo unveils the ‘world’s lightest whisky glass bottle,’ a step toward cost and energy savings for luxury liquor
Imagine your favorite high-end whisky, or any luxury liquor, for that matter. Its bottle is intricate, and shiny, but clunky.…
Billionaire Hermès dynasty is so rich it can afford to make distant Gen Z relatives millionaires overnight
The going is so good at European luxury empire Hermès that even distant relatives of the brand’s original founder are…
The Bayesian was moored around 300 meters off the coast of Porticello when it was struck by freak weather conditions…