US Makes Biggest Seizure of Knock-Off Luxury Items at $1 Billion
Federal prosecutors said they made the biggest-ever US seizure of fake designer handbags, shoes and other items —
2023-11-16 08:16
Gucci Handbags Disappoint at Auction as Luxury Fervor Cools
An auction of rare Gucci handbags disappointed at Christie’s, a sign that robust demand for high-end purses is
2023-11-15 23:53
Rich Chinese Shoppers’ Appetite Slows as Confidence Falters
Global luxury retailers counting on wealthy Chinese shoppers to raise their sales might be dismayed by recent reports
2023-11-15 12:25
The Top Five Fastest-Growing Destinations of 2023
Young people were really, really disappointed they couldn’t go to Japan during the Covid-19 pandemic. They made up
2023-11-14 23:25
Discount Retailers’ Sales Rebound With Anxious Shoppers Seeking Deals
Value retailers are holding up against a broader spending pullback as persistent anxiety over the economy and a
2023-11-14 22:21
A 1962 Ferrari GTO Race Car Auctions for Record $51.7 Million
A 1962 Ferrari 330 LM / 250 GTO by Scaglietti, the coveted Italian coachbuilder, sold for $51.7 million
2023-11-14 08:47
De Beers Will Stockpile Unsold Diamonds After Prices Tumble
De Beers plans to stockpile unsold diamonds after the world’s biggest producer responded to plunging prices by allowing
2023-11-13 21:47
Classic Cars at Gold Coast Motor Show Reveal Rare Collection in Hong Kong
A group of Hong Kong car enthusiasts showed off some of the world’s rarest classics at an event
2023-11-13 17:50
Chinese Tourists Are Returning to London, But Spending Far Less
Chinese tourists are returning to London after restrictions on travel were lifted, but they’re spending dramatically less than
2023-11-13 08:15
The Diamond World Takes Radical Steps to Stop a Pricing Plunge
When the world’s most important diamond buyers arrived at De Beers’ offices in Botswana late last month, they
2023-11-11 21:21
Soho House Revenue Falls Short Despite 21% Membership Growth
Soho House & Co. Inc. reported third quarter revenue that fell short of analyst expectations, even as membership
2023-11-11 00:28
Spirits and Luxury Stocks Fall as Pricing Power Starts to Fade
Shoppers are rebelling against higher prices for everything from Piaget watches to Don Julio tequila, wiping off $45
2023-11-10 21:57