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The Latest Breaking News from Luxury

Meet the CEO behind the huge fashion deal uniting Coach with Michael Kors

The biggest luxury fashion M&A deal in decades, Tapestry's purchase of Capri Holdings, means new challenges for CEO Joanne Crevoiserat.

Fortune

CEO of Bulgari Jean-Cristophe Babin on the brand’s new launches and its India plans

Jean-Cristophe Babin, CEO of Bulgari, talks about what keeps the industry ticking and the brand’s boutique launch in Mumbai

The Hindu

Captain Tom Moore’s daughter claims luxury spa pool at her home ‘honours father’s legacy’

Hannah Ingram-Moore says it was a mistake to put her late father’s name on planning application for luxury pool and spa

The Independent UK

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Best designer laptop cases to carry your tech in style from Prada, Dior and more

Luxury laptop armour for you to compute

Evening Standard

Sotheby's Motorsport To Auction Two Luxury Vehicles From World-Renowned Ikonick Collection

Legendary automotive collector Barry Skolnick to sell McLaren P1 and Lamborghini Aventador SV on online marketplace.

Motor1

Sotheby’s Motorsport to Auction Two Luxury Vehicles from World-Renowned Ikonick Collection

MIAMI and BLENHEIM, ONTARIO (Oct. 12, 2023) – Sotheby’s Motorsport, the new joint venture between the automotive lifestyle ecosystem duPont REGISTRY Group and luxury auto auction house RM Sotheby’s, today announced two new listings from legendary collector Barry Skolnick’s The Ikonick Collection. The brainchild of Skolnick, an entrepreneur and philanthropist,…

Motorsport

Where to buy bedding – the 21 best places to shop bed linen, duvets, pillows and more

If you’re wondering where to buy bedding, these brands will definitely offer you a one-way ticket to snooze-town

Ideal Home

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LVMH Stock: Is the Luxury Retailer a Value Play After Earnings?

LVMH stock looks like a cheap option as the firm comes off a muted second quarter.

Barchart

The AI revolution is coming. Invest in $10,000 handbags

Analysis shows LVMH, Dior, Hermès and Gucci owner Kering have consistently outperformed Amazon, Google and Apple

The Guardian - UK

Bernard Arnault, the world's second richest man, may be seeing the end of his winning streak as luxury shoppers bolt for the first time in years

LVMH boss Bernard Arnault's wealth topped $200 billion in April surpassing Elon Musk as luxury industry made big gains—but the tide may now be turning.

Fortune

Luxury goods giant LVMH’s shares fall on slower sales growth update

Shares in LVMH fell this morning after investors reacted to the Paris-listed luxury goods powerhouse recording slower sales.

Evening Standard

LVMH hit by growth slowdown amid fall in demand for high-end drinks

Rising inflation and global instability also blamed for fall in revenue growth in third quarter

The Guardian - UK

Flights begin taking off from Luton airport again after fire, as officials suggest blaze accidental – as it happened

Birkenstock to float in New York with market value of $8.6bn (£7bn), as IMF/World Bank hold annual meetings in MarrakechLuton airport closed and flights suspended after huge fire in car park

The Guardian - UK

Luxury rooms and a swim-up bar: hotel with funding from Dominica’s golden passport scheme

Former Afghan spy chief among those to gain citizenship through investment in Caribbean island

The Guardian - UK

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The National (Scotland)

Taymouth Castle developers in breach of planning rules, satellite images reveal

THE US firm developing Taymouth Castle into a luxury resort for the mega-rich has breached planning controls, The National can reveal ...

AAP

Fraudster Melissa Caddick's penthouse auction scrapped

The luxury penthouse apartment formerly owned by Sydney conwoman Melissa Caddick has been withdrawn from auction with plans to sell the property privately.

Zenger

Afghanistan’s Entop Unveils Simurgh Supercar At Geneva Motor Show

Entop's sleek and futuristic design draws attention at prestigious auto event

The Independent UK

Eight snowy experiences to enjoy this winter

Are you dreaming of skiing in France or drinking hot chocolate in a cosy Austrian chalet? Browse through our roundup and plan your winter adventure.

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Evening Standard

Everything you need to know about Chloé’s new creative director, Chemena Kamali

The Chloé appointment makes Kamali one of very few female designers currently leading a luxury fashion house

Evening Standard

OPINION - Enough of polite beige — how to embrace loud luxury this autumn

It’s stealth wealth but not as you know it — the new season knitwear is worth paying attention to, says Victoria Moss

Fortune

European luxury stocks may not have shaken off the impact of economic pressures just yet as a key index that tracks the top 10 luxury stocks declined the most in a quarter since 2020

The luxury stock index, which includes LVMH, Ferrari and Richemont, is under pressure due to tighter consumer spending globally—especially in China.

InsideEVs

Aston Martin Working On 800V Front-Wheel Drive EV Setup

For a luxury car maker, front-wheel drive is rarely an option – although even Aston Martin broke this unwritten rule when it sold a rebadged Toyota iQ city car with FWD in the 2010s.

Zenger

YouTube Star Omi In A Hellcat Sentenced To 5.5 Years In Jail, Faces $30M Fine

Philadelphia YouTuber loses luxury cars and properties after running TV piracy scheme and tax evasion

The Guardian - US

Moon a la mode? Prada to design spacesuit for Nasa’s Artemis III mission

The luxury fashion brand announced a collaboration with Axiom Space to outfit astronauts for the 2025 mission to the moon

Barchart

Play These Unusually Active Options From Last Quarter’s Worst Performers

Morningstar analysts recently discussed the five worst-performing U.S.-listed stocks in their coverage universe. Some of them have unusually active options on Thursday. Here’s how I’d play them.

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