De Beers Ends Lab-Grown Engagement Diamonds Foray as Prices Drop
De Beers decided to call time on offering lab-grown diamonds for engagement rings even as the man-made alternatives
2023-09-13 20:24
From Wedding Rituals to Fancy Distilleries, Asia Is Taking Over the World’s Whisky Market
If you’re invited to a wedding in Southern China you might see couples perform an unexpected ritual. First
2023-09-13 09:20
China’s Gen Z Is Trying to Leisure-Shop Way Out of Jobless Blues
Youth unemployment is at a record high and growth is faltering — but China’s gloomy economic backdrop hasn’t
2023-09-11 06:51
The Big Bet on Luxury Stocks Stumbles on Inflation, China Woes
Problems are stacking up for Europe’s hottest sector. A warning from the chairman of Cartier-owner Richemont that stubborn
2023-09-10 16:20
Pinault’s Hollywood Deal Caps Buying Spree Worth Billions
Francois-Henri Pinault, scion of the billionaire French clan that controls a global fashion empire, leapt into a Hollywood
2023-09-09 14:45
Bernard Arnault Has Spent €215 Million Buying Dip in LVMH Stock
Billionaire Bernard Arnault has bought €215 million ($230 million) of LVMH shares since the luxury conglomerate’s disappointing earnings
2023-09-08 22:49
John Lennon’s Missing Patek Philippe Wristwatch Found in Geneva
A Patek Philippe watch given to John Lennon by his wife Yoko Ono shortly before his assassination in
2023-09-08 22:25
Lotus Unleashes Emeya, a Porsche Panamera-Like Electric Sedan
The next electric-vehicle maker poised to merge with a blank-check company will go public with some product momentum
2023-09-08 08:56
NFL-Backed New Era Cap Secures $600 Million Term Loan Amid IPO Speculation
For over a century, New Era Cap has reined as one of the most recognizable names in hatmaking.
2023-09-08 03:52
Hedge Fund Billionaire John Paulson Sued for Securities Fraud by Puerto Rico Partner
John Paulson was sued by his longtime business partner in Puerto Rico, who alleges the hedge fund billionaire
2023-09-07 08:52
Cartier-Owner Richemont Says Inflation Hitting Europe Demand
The chairman of Richemont, the Swiss owner of Cartier and watchmakers including IWC and Vacheron Constantin, said inflation
2023-09-07 03:26
Europe Luxury Stocks Slide as Richemont Chairman Says Inflation Is Denting Demand
Luxury-goods stocks slumped in Europe after Richemont Chairman Johann Rupert said inflation is starting to dent demand across
2023-09-06 23:29