luxury
NTD Business Full Broadcast (Dec. 17)
Regulators are slapping J.P. Morgan with the biggest fine of its kind for letting workers skirt federal rules. What’s it for exactly? The luxury industry is booming right now, with many reporting record sales. The biggest antique business in North America also had a good year and gave us some insight. Crypto-related scams have cost investors […]
Luxury Retailer Neiman Marcus to Stop Selling Fur Products by Early 2023
Luxury department store chain Neiman Marcus Group will close its fur salons and become fur-free by early 2023, it said on Wednesday. The changes are a part of its environmental, social, governance goals to identity and disclose topics like animal welfare, the company said. “It is clear the future is fur-free and that includes the […]
London Tops Luxury Home Sales in 2020
Despite the pandemic and lockdowns, figures suggest that the super-wealthy bought more homes in London than any other city in the world. Transactions increased in London, while sales in the usual top markets of Hong Kong and New York went down.
Oldest British Mall Offers Online Luxury
Britain’s oldest shopping mall is adapting its business model to meet customer demands this year. It boosted its digital services— but still wants people to come visit in person. “The Burlington Arcade is 201-years-old. It’s the oldest shopping arcade in the country. What makes it special is actually the uniqueness of the shops, the expertise of […]
Luxury Brands Brace for up to $43 Billion Decline in Sales Amid Coronavirus Outbreak
The coronavirus could cost the luxury goods market billions, according to a recent survey by industry executives, as new cases of the virus have surged outside of China. Compared to the realities of this health crisis, high-end goods and luxury fashion seem unimportant—but the impact on those involved in the industry is by no means […]
From Father to Son: A Very British Brand
LONDON—Robert Ettinger is keeping the traditions of his family business alive. His father, Gerry Ettinger, was one of the last men to wear a bowler hat and in 1934 founded the luxury leather goods brand G Ettinger. Named one of the 50 most influential people in British luxury, Ettinger senior’s hat fits him perfectly. He […]
Burberry to Stop Burning Unsold Goods, Removes Real Fur From Collections
LONDON—Britain’s Burberry will no longer burn millions of pounds worth of unsold luxury goods or use real fur in its collections following a furor over it environmental record. It admitted in July to destroying 28.6 million pounds ($37 million) of unwanted items in a single year to prevent them being sold at below market prices […]
World’s most expensive pencil features white gold and diamonds
The world’s most expensive pencil is a whopping USD$12,800. It comes with a cap made from solid 18K white gold, with three diamonds encrusted on top.The diamonds are 0.05 to 0.06 carats. The body is made from 240 year-old olivewood. It comes with a built in sharpener. This pencil is made by Graf von Faber-Castell, […]
Luxury home sales around the world down for second year
LOS ANGELES (AP)—Global luxury home sales cooled off in 2016 for the second consecutive year, even with a record number of homes selling for more than $100 million. A report released Wednesday by Christie’s International Real Estate shows that sales of homes priced at $1 million or more edged up about 1 percent worldwide last […]
Japanese luxury sleeper train boasts $10,000 tickets
East Japan Railway Co. launched a luxury sleeper train on Monday. It’s called the Shiki-shima. A four-day trip from Tokyo to Hokkaido costs $10,000. Even the shortest two-day trip goes for $2,860 (320,000 yen). All seats are booked until March 2018, and the lottery for booking the largest suite was over-subscribed by 76 times, […]
Auto Shanghai features latest luxury SUVs
Shanghai Auto is a very important auto show because China is the world’s largest automobile market. Chinese bought more than 24 million cars in 2016. The SUV market is growing, up 21 percent in the first quarter, and the fastest-growing segment of this market is the luxury SUV. Mercedes Benz, Audi, BMW, Land Rover, and […]
Auto Shanghai features latest luxury SUVs
Shanghai Auto is a very important auto show because China is the world’s largest automobile market. Chinese bought more than 24 million cars in 2016. The SUV market is growing, up 21 percent in the first quarter, and the fastest-growing segment of this market is the luxury SUV. Mercedes Benz, Audi, BMW, Land Rover, and […]
Dazzling diamond earrings expected to auction for $70 million
These two dazzling pink and blue pear-shaped diamond earrings are together expected to auction off at $70 million. The Apollo Blue and Artemis Pink stones are on display in London before their Geneva sale on May 16. David Bennett, the worldwide chairman of Sotheby’s jewelry division, said the Apollo and Artemis diamonds are “by far […]
Sotheby’s Hong Kong auction makes $8 million
Sotheby’s Hong Kong held an auction called Curiosities III that brought in $8 million. The auction consisted of natural and man-made items from various eras. Nicholas Chow, Sotheby’s Asia deputy chairman, spoke about how the auction is introducing new things to Asia. “These are really a microcosm of the world. So basically with a variety […]
Take a dip in one of these ten stunning pools from around the world!
We knew you wanted to go for a swim on your next travel adventure, so here are ten AMAZING pools for you to choose from: #10 — Embassy Gardens Pool Picture two ten story apartment buildings whose architectural design was inspired by the 19th-century buildings of New York City. This pool, located in London, is […]