![A $245 Billion Selloff Signals Less Sparkly Future for Luxury Stocks](/i/c/8ee51d58-081c-17e3-787d-b29a8ba1e19c.webp)
A $245 Billion Selloff Signals Less Sparkly Future for Luxury Stocks
The wealthy shoppers who fueled LVMH’s rise to Europe’s most valuable company and made its founder the world’s
2023-10-11 20:27
![Stock Market Can’t Ignore Impact of Rates on Earnings This Season](/i/c/0c22a130-de9a-7a58-895f-8e8f47a61964.webp)
Stock Market Can’t Ignore Impact of Rates on Earnings This Season
Stock markets that have refused to buckle under the highest yields since 2007 face a new test. Third-quarter
2023-10-11 15:59
![LVMH Sales Growth Slows as Global Luxury Demand Cools](/i/c/595419f0-be59-7190-ac05-361d41e4965a.webp)
LVMH Sales Growth Slows as Global Luxury Demand Cools
LVMH’s sales growth softened in the third quarter as shoppers reined in spending on high-end Cognac and costly
2023-10-11 00:51
![Afghanistan’s Viral Supercar Makes Global Debut at Doha Show](/i/c/5acf9736-51dd-ff62-dca6-289b9842143e.webp)
Afghanistan’s Viral Supercar Makes Global Debut at Doha Show
At first glance, the Simurgh resembles the Batmobile. Black, low-slung with flared wheel arches, the supercar looks built
2023-10-09 16:25
![Ferrari Boss Takes Prototype of Debut Electric Model for a Spin](/i/c/0644ffa5-b28d-9c82-e6a9-48647cf231f5.webp)
Ferrari Boss Takes Prototype of Debut Electric Model for a Spin
Ferrari NV’s first fully electric model will be one of the most highly anticipated products in automotive history,
2023-10-09 12:57
![Chanel Increases Prices in China as Concerns About Luxury Demand Mount](/i/c/94c1a828-c377-0597-5cd3-f406a0ff4844.webp)
Chanel Increases Prices in China as Concerns About Luxury Demand Mount
Chanel increased prices of its high-end products in China in September, amid a slowdown in demand for luxury
2023-10-06 21:59
![Jay-Z’s Champagne Maker Is Planning an Even More Exclusive Brand](/i/c/b1ef4799-55d9-7f2f-29c6-51703d5e2749.webp)
Jay-Z’s Champagne Maker Is Planning an Even More Exclusive Brand
The small French winemaker behind Jay-Z’s Champagne is laying the groundwork for the launch of another luxury brand,
2023-10-06 16:22
![LVMH, EasyJet Face a Darkening Economy: EMEA Earnings Week Ahead](/i/c/e0ebd042-c6bb-ff6e-f185-8a234f1b648b.webp)
LVMH, EasyJet Face a Darkening Economy: EMEA Earnings Week Ahead
A worsening economic backdrop leaves a dark cloud hanging over European companies preparing to report this earnings season.
2023-10-06 16:19
![Dubai's Hottest Restaurants Are Infiltrating Cities Worldwide](/i/c/fc25babf-7ade-033a-0007-d0de793f8dbe.webp)
Dubai's Hottest Restaurants Are Infiltrating Cities Worldwide
Dubai used to be a place where the best restaurants had been imported from other parts of the
2023-10-06 14:29
![Layaway Spending to Hit a Record This Holiday as Financial Strains Persist](/i/c/828b48f9-2611-1f0c-7a88-b406d314873d.webp)
Layaway Spending to Hit a Record This Holiday as Financial Strains Persist
Buy-now-pay-later services will hit a record this holiday as increasingly cash-strapped US shoppers struggle with higher prices and
2023-10-05 21:27
![Rolls-Royce CEO Torsten Müller-Ötvös to Retire After 14 Years](/i/c/32401285-a1b2-4c21-db85-88d4f5726700.webp)
Rolls-Royce CEO Torsten Müller-Ötvös to Retire After 14 Years
Torsten Müller-Ötvös, chief executive officer of Rolls-Royce Motor Cars Ltd., will retire on Nov. 30 after almost 14
2023-10-05 20:24
![Dubai Cements Status as World’s Busiest Luxury Property Market](/i/c/dcf25877-f34e-7883-7d6a-e4f9d4c45c31.webp)
Dubai Cements Status as World’s Busiest Luxury Property Market
Dubai cemented its status as the world’s busiest market for luxury homes with buyers pouring $1.59 billion into
2023-10-05 16:22