Luxury
LVMH plunge puts spot as world’s top luxury stock at risk after sales miss
Louis Vuitton store window display in Mitsukoshi department store in Tokyo, Japan, on Friday, April 4, 2025. Bloomberg | Getty Images Shares of LVMH plunged as much as 8% on Tuesday morning, at one point losing its position as world’s largest luxury firm to rival Hermès after an unexpected decline in first-quarter sales. LVMH reported […]
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Tariffs threaten to blow a hole in European luxury sales. Citi picks the winners and losers
A clear split of winners and losers among Europe’s prized high-end luxury brands could emerge after President Donald Trump’s sweeping tariffs were seen blowing a hole in lucrative U.S. sales, analysts warned. The U.S. has been a major growth driver for many luxury brands in recent quarters, as firms have shifted their focus to well-heeled […]
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Is it safe to travel to Thailand right now? Thai officials say yes
The Tourism Authority of Thailand is expecting that country’s upcoming Songkran festival will generate more tourism revenue than it did last year, despite projections that the March 28 earthquake has dampened tourist arrivals to the kingdom. The 7.7-magnitude earthquake, which epicentered in neighboring Myanmar, caused a building under construction near Bangkok’s famous Chatuchak market to […]
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Manhattan’s luxury real estate market sees best first quarter in six years
People walk by a view of residential luxury towers along nicknamed Billionaires Row, a stretch of 57th Street that holds the majority of Manhattan’s supertall luxury towers on May 16, 2022 in New York City. Spencer Platt | Getty Images News | Getty Images Manhattan apartment sales jumped 29% in the first quarter from the […]
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International visitors pour into Japan — to the delight and dismay of its ski towns
In spring, they come for the cherry blossoms. In fall, for the foliage tours. Now, more travelers are booking winter trips to Japan, as the country’s reputation as a world-class skiing destination continues to lure visitors from Asia-Pacific and beyond. Foreign visitors to Japan rose 33% this past winter from pre-pandemic levels. Some 10.5 million […]
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Aston Martin shares pop as Canadian billionaire Lawrence Stroll invests more cash
An Aston Martin DB12 is displayed in the Mayfair showroom on Park Lane on January 09, 2025 in London, England. John Keeble | Getty Images News | Getty Images Shares of Aston Martin jumped as much as 13% on Monday after the British luxury carmaker said it will raise more than £125 million ($161.7 million) […]
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Your credit card likely has benefits you don’t know about — here’s how to find them
Elite status at hotel and car rental companies can bring a host of benefits, from complimentary breakfast to upgraded vehicles. But achieving these lofty tiers are a stretch for the average traveler. Or are they? Upgraded loyalty status and other travel benefits come with some credit cards, and many of these perks are touted by […]
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Are designer handbags an actual investment? Here’s how returns stack up
Luxury handbags have outperformed other collectibles in recent years and are increasingly viewed as a potential investment category in the eyes of consumers and analysts, at least according to some recent reports. For the first time, the value proposition of designer handbags from top brands, such as Hermes, Chanel, Goyard and Louis Vuitton are growing […]
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People are selling Singapore Airlines miles online. Here’s what the airline says about that
When Tracy Ren decided to go to the 2024 Summer Olympics, she booked her flight to Paris on Singapore Airlines using miles. But she didn’t earn them — she bought them. Rather than purchasing miles directly from the airline, which sells 1,000 miles for around $40, Ren turned to Carousell, a popular online marketplace in […]
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Singapore is more expensive than regional peers. So it’s using a different playbook to attract visitors
British national Tony Cross first set foot in Singapore in 1992, when the city-state’s main draws were its glitzy malls, the pulsating Zouk nightclub and the renowned Singapore Zoo. Today, shopping has taken a backseat, as prices for goods have climbed alongside commercial rents in a city where space is scarce. And, Singapore’s once-thriving clubbing […]
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