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The Latest Breaking News from Luxury

The raids that went on for four days against “government contractors and real estate developers” in Karnataka, Andhra Pradesh, Telangana and New Delhi recovered ₹94 crore in cash and ₹8 crore worth of gold jewellery, diamonds and luxury watches, totalling ₹102 crore, the I-T Department said.

The Hindu

The Most Efficient Electric Genesis Isn’t The One You Were Expecting. Here’s Why

This Genesis G80 makes a strong case for EVs to not all be giant SUVs.

InsideEVs

Best luxury cushions: Gucci, Loewe and more sumptuously soft furnishings

Elevate your space with a sprinkling of luxury

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

Evergreen stars and emerging talent promise a blockbuster NBA season

NBA 2023–24 season offers unprecedented competitive balance with multiple contenders. New TV/digital deals, CBA changes, and young stars like Wemby & Holmgren promise a new era of basketball with an in-season tournament. Fans can expect an exciting season! #NBA

The Hindu

3 High-End Luxury Stocks for Smart Investors

The luxury goods industry is experiencing solid growth thanks to increasing disposable income, ease of shopping, easy payment options, and the influence of social media. Therefore, smart investors could consider investing in fundamentally strong luxury goods stocks Oxford Industries (OXM), Guess? (GES), and J. Jill (JILL). Keep reading….

StockNews.com

Ferrari will now let you pay for your new car with crypto, and the brand is expanding the service to Europe at the request of wealthy customers

Elon Musk briefly attempted to sell Teslas using crypto only to abandon the effort, suffering heavy write-downs on its $1.5 billion Bitcoin stake in the process.

Fortune

Gucci’s Davide Renne appointed new creative director of Moschino

The fashion house will return to Italian leadership — but the news comes as the industry grapples with a lack of diversity in top-tier luxury houses

Evening Standard

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Back-channels shift sands on which National’s property and tax package is built

The luxury housing market is gearing up for National to lift the foreign buyer ban for properties over $2 million, but Christopher Luxon faces staunch opposition from NZ First. Jonathan Milne reports.

Newsroom.co.nz

Why a cruise would be the best option for a memorable vacation?

Cruising catches on among Indians in search of new experiences

The Hindu

Best sustainable clothing brands that upcycle items to reduce waste

Discover the age-old art of reuse, reduce and recycling

Evening Standard

7 best luxury ski resorts for a five-star skiing experience

Exclusive ski resorts, from Megève to Niseko, are home to a wealth of catered chalets, luxury spa experiences and Michelin-starred restaurants

The Independent UK

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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Evening Standard

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

Luxury laptop armour for you to compute

Motor1

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.

Motorsport

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,…

Ideal Home

Where to buy bedding – the 25 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

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Barchart

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.

The Guardian - UK

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

Fortune

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.

Evening Standard

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.

The Guardian - UK

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

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