Browsing: Luxury
The ultra-rich are scooping up mansions while almost no one else can afford a typical home
In December last year, Fortune wrote we were in the midst of “a new American era of housing haves and…
Backed by luxury giant LVMH, L Catterton buys a stake in 9 European shopping villages for £1.5 billion
L Catterton, the private equity firm backed by French luxury fashion house LVMH Moet Hennessy Louis Vuitton SE, has agreed…
Southwest Airlines is floundering because passengers will pay to not ‘fight for a seat,’ JetBlue founder says
Passengers are willing to shell out a bit to kick their feet up and avoid the pre-flight scramble, says JetBlue…
The nearly complete fossilized remains of a stegosaurus fetched $44.6 million at auction Wednesday, Sotheby’s said. The buyer’s name was not disclosed.…
Cartier and Van Cleef & Arpels owner Richemont shines bright as sales climb—offsetting declines from China and luxury watches
Richemont posted a slight rise in sales in the first quarter as solid results from its jewelry brands offset declines…
Third Space’s CEO follows an 80/20 rule for eating out, competes in triathlons at 54-years-old and made startup investments he regrets
What would you do if you had a six-figure salary? Perhaps you’d never cook another meal again or indulge in…
A tour company helicopter crashed off the Hawaiian island of Kauai, police said, killing one person and leaving two missing…
After a surge in pandemic profits, Rolex, Patek Philippe and Audemars Piguet face a significant downturn as sales slip—extending a two-year decline
Prices for the most sought-after luxury watches slipped on the secondary market again last month, extending a two-year decline as…
Delta’s ultraluxe first-class lounge attempts to win back its highest-paying customers, who can take a shower, have a massage, or get clothes steamed
Delta’s newest and most exclusive airport lounge—a 39,000-square-foot ultra-luxe amenity hub with a wellness spa and terrace overlooking the airfield—in…
LVMH CEO and world’s richest man Bernard Arnault reveals what motivates him to work 12-plus-hour days, even at 75: ‘Every morning I have fun when I arrive’
Bernard Arnault, CEO of luxury conglomerate LVMH, once said, “As long as I’m not the richest man in the world,…