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Luxury
All the finer things in life.
Retail
Prada and Dior counterfeits are soaring in popularity because Gen Z is trying to ‘achieve a sense of social equality’
BY
Ryan Hogg
Retail
LVMH’s wine, champagne and handbags still can’t win back budget-tight Chinese consumers rationing their luxury purchases
BY
Prarthana Prakash
Retail
Unachievable sales targets, lower commissions and more competition: How LVMH’s $16 billion bet on Tiffany & Co has fallen short
BY
Jeannette Neumann
and
Bloomberg
Retail
Backed by luxury giant LVMH, L Catterton buys a stake in 9 European shopping villages for £1.5 billion
BY
Jack Sidders
and
Bloomberg
Conferences
Southwest Airlines is floundering because passengers will pay to not ‘fight for a seat,’ JetBlue founder says
BY
Chloe Berger
Finance
Billionaire investor Ken Griffin pays $45 million for dinosaur fossil, shattering auction records
BY
The Associated Press
and
Irina Ivanova
Finance
Cartier and Van Cleef & Arpels owner Richemont shines bright as sales climb—offsetting declines from China and luxury watches
BY
Andy Hoffman
and
Bloomberg
Leadership
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
BY
Orianna Rosa Royle
Retail
Can iconic coat maker Burberry ever recover from CEO departures, a stodgy turnaround plan, and a 64% share decline in a year?
BY
Prarthana Prakash
Finance
Omega owner Swatch Group’s moment has passed as profits drop 70% in 6 months: ‘The big impact is really mainly China’
BY
Andy Hoffman
and
Bloomberg
Lifestyle
Stunning tourist paradise marred by fatal plane crashes
BY
Mark Thiessen
,
Jennifer Sinco Kelleher
and
The Associated Press
Retail
After a surge in pandemic profits, Rolex, Patek Philippe and Audemars Piguet face a significant downturn as sales slip—extending a two-year decline
BY
Andy Hoffman
and
Bloomberg
Success
Justin Bieber was paid $10 million to perform ahead of the Ambani wedding
BY
Chloe Berger
Lifestyle
Luxury multimillion-dollar London flats are offering residents Wegovy, botox, and vitamin IV drips on demand
BY
Sarah Rappaport
and
Bloomberg
Retail
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
BY
Sunny Nagpaul
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Politics
Elon Musk denies reported $45 million a month pledge to Trump, says he doesn’t ‘subscribe to cult of personality’
BY
Eva Roytburg
Finance
Restaurants sit half-empty in Turkey this summer as inflation reaches 91% in places sending tourists and locals...
BY
Taylan Bilgic
and
Bloomberg
Politics
The top Democrats who have not endorsed Kamala Harris all have one thing in common
BY
Eva Roytburg
