Luxury
EV maker Lucid misses second-quarter delivery estimates on soft demand
The Lucid display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC Lucid missed Wall Street expectations for second-quarter deliveries on Wednesday, hit by softer demand for its luxury electric vehicles as consumers grapple with economic uncertainty and higher costs. The company delivered 3,309 vehicles in the […]
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Jewelry sales outperform as U.S. spending for most luxury goods falters, Citi report finds
Domenica Graci, the CEO and Founder of travel agency One Luxury, is seen wearing a golden Vintage Alhambra bracelet from Van Cleef & Arpels, a golden Love bracelet from Cartier, a golden Juste un Clou nail bracelet from Cartier and an Essential Lines bracelet from Cartier. Moritz Scholz | Getty Images Entertainment | Getty Images […]
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What we know so far about Jeff Bezos’ $50 million star-studded luxury Venice wedding
Jeff Bezos and Lauren Sanchez leave the Aman Hotel to go to dinner with guests ahead of their wedding, on June 26, 2025 in Venice, Italy. Stefano Mazzola | Gc Images | Getty Images The rich and famous have descended on Venice, Italy this weekend to celebrate the wedding of billionaire Amazon founder Jeff Bezos […]
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Pajamas at breakfast and bare feet in the lobby: How hotels are tackling bad etiquette
Hotels want guests to feel at home — but some take it too far, according to a Hotels.com survey. The survey results, published by Expedia in March, showed that the most frowned upon behavior was walking around barefoot, with 94% of respondents deeming it inappropriate. A close second is wearing hotel robes in the lobby […]
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Shares of Gucci-owner Kering pop 7% on reports Renault’s de Meo to be next CEO
A Gucci store, operated by Kering SA, in the Sanlitun area of Beijing, China, on Saturday, Oct. 12, 2024. Bloomberg | Bloomberg | Getty Images Shares of French fashion house Kering popped 7% on Monday on reports that it has appointed industry outsider Luca de Meo as group CEO. It comes as the owner of […]
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Renault boss De Meo quits, report says he will lead Gucci-owner Kering
Luca de Meo, chief executive officer of Renault SA, during a news conference in London, UK, on Monday, Feb. 6, 2023. Bloomberg | Bloomberg | Getty Images Luca de Meo is leaving Renault to pursue “new challenges,” the company said on Sunday shortly after a newspaper report said he would become the new CEO of […]
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Where a Michelin-starred Japanese chef eats, drinks and shops in Tokyo
Shingo Akikuni is best known as the chef at SHINGO, a one-Michelin-starred Japanese restaurant in Miami. He grew up in Japan and returns yearly as a visitor. The fourth-generation sushi chef told CNBC Travel how he spends his time there. Where he eats Ginza Sushi Aoki Akikuni’s first recommendation is where he was trained as […]
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Trump bans citizens of 12 countries from entering the U.S.
The Trump administration signed a proclamation Wednesday suspending travel to the U.S. for citizens from 12 countries: Afghanistan, Myanmar, Chad, Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Somalia, Sudan and Yemen. Citing national security interests, the proclamation states that the identified countries lack sufficient vetting and screening processes needed to detect foreign nationals who may […]
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How to trade luxury stocks?
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Investors are using data that tracks the spending patterns of international tourists to trade stocks in luxury goods sector. CNBC’s Ganesh Rao reports. Source
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Marriott International eyes major India expansion, targets 90 cities by 2026
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Rajeev Menon, APEC President of Marriott International, says India is a cornerstone of the company’s global strategy. They plan to double their presence in the country by next year, expanding into 90 cities. The company sees strong potential in India’s rising middle […]
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