New Jersey maritime pioneer, Viking Yachts legend Bill Healey dies at 97 after building America’s luxury boat empire
New Gretna, NJ – Bill Healey, the cofounder of Viking Yacht Company who helped transform a small boatyard into the world’s top maker of luxury sportfishing vessels, died Wednesday from long-term complications…
Hotel Restaurant Adds a Touch of Luxury
The Terrace Bay Hotel restaurant, The Freshwater Tavern, was remodeled to create a modern gastropub look that mixes modern and rustic elements with coffered Ceilume ceiling panels that add a touch of…
Posh ice cream, craft beer in vogue as Chinese downsize their love of luxury
By Casey Hall SHANGHAI (Reuters) – Chinese consumers are typically known for lavish spending on high-end handbags, clothes and accessories that sustain Western luxury brands. This year, however, economic ill winds have…
LVMH’s resilience gives luxury shares a boost amid economic gloom
PARIS (Reuters) – Shares in luxury goods companies rose on Wednesday, as LVMH set an upbeat tone with robust third-quarter sales, showing that shoppers have not lost their appetite for high-end designer…
French luxury groups to highlight sector’s resilience as demand holds up for now
By Mimosa Spencer PARIS (Reuters) – French luxury groups LVMH, Gucci-owner Kering and Hermes are expected to post double-digit third-quarter sales growth as demand for high-end fashion from tourists and shoppers revamping…
Chinese buyers snap up luxury homes as ‘hard currency’ in soft property market
BEIJING (Reuters) – In the southern Chinese city of Shenzhen, where the real estate sector has slowed, luxury property is bucking the downtrend, the official Securities Times reported on Monday, as wealthy…
Defendant Sentenced To Over 19 Years In Prison For Participating In 11 Armed Robberies Of Luxury Watches
Damian Williams, the United States Attorney for the Southern District of New York, announced that VICTOR RIVERA was sentenced yesterday to 235 months in prison in connection with his participation in a…
Korean cosmetic giant Amorepacific to buy U.S. luxury skincare brand Tata Harper
By Manya Saini and Anirban Sen (Reuters) – South Korea-based personal products maker Amorepacific Corp will buy Natural Alchemy LLC, which operates the luxury beauty brand Tata Harper, as part of a…
Luxury Ranches? How America’s Booming Billionaire Class Is Changing the Face of the West
Luxury Ranches? How America’s Booming Billionaire Class Is Changing the Face of the West John Hugh DeMastri on August 23, 2022 The amount of land owned by the largest private landowners has…
Pakistan lifts luxury goods import ban, to impose heavy duties
ISLAMABAD (Reuters) -Pakistan on Thursday lifted an import ban on luxury goods, but such items will be heavily taxed, Finance Minister Miftah Ismail said. Pakistan banned the import of all non-essential luxury…
Hermes snubs luxury resale market
By Mimosa Spencer PARIS – Birkin bag maker Hermes is not interested in getting involved in the fast-growing second hand luxury market which has attracted some its rivals, its chief Axel Dumas…
Sankyo Seiko to purchase French luxury fashion house Leonard
PARIS – Privately-held French fashion house Leonard, known for its stylized orchid prints, is being sold to its long-time parter in Asia, Japan-based Sankyo Seiko, the company said Monday. The move marks…
Luxury shoemaker Manolo Blahnik wins 22-year trademark battle in China
By Casey Hall SHANGHAI – Manolo Blahnik, the shoe brand made famous by its celebrity fans and regular appearances in TV drama “Sex and the City”, said on Tuesday it has won…
European shares rise on aero, luxury stocks boost
By Susan Mathew and Devik Jain (Reuters) -European shares rose on Tuesday led by beaten-down aerospace, luxury and travel stocks, although worries about an energy supply crunch and a potential global recession…
CINÉPOLIS LUXURY CINEMAS TO DEBUT ONE OF THE WORLD’S ONLY DINE-IN IMAX DESTINATIONS AT HOLLYWOOD PARK
As part of Hollywood Park, Cinépolis Luxury Cinemas Hollywood Park will boast spacious auditoriums, cutting-edge sound and projection technology, in-theatre waiter service, and more, across its 12-screen (including 11 screens and 1…
WEEK OF LUXURY AUCTIONS AND EXHIBITIONS AT DOYLE BEGINS JUNE 18
Doyle is pleased to present this exciting auction showcasing over 100 lots of luxurious trunks, suitcases, bags and other items by the legendary firm Louis Vuitton. Explore the wide range of rare…
Faraday Future says it doesn’t need more funds to launch FF91 electric luxury car
By Akash Sriram (Reuters) – Faraday Future Intelligent Electric will be able to launch its FF91 luxury vehicle without the need for additional funding, Chief Executive Officer Carsten Breitfeld said on Wednesday…
Grand Jury Charges Memphis Woman Who Allegedly Bought Maserati Luxury Automobile and Other Personal Items with Fraudulently Obtained Paycheck Protection Loans
Memphis, TN – A Memphis woman was charged for her role in a fraudulent scheme to obtain thousands of dollars in federal Paycheck Protection Program (PPP) loans for herself and others. Joseph…
Focus:Big brands fret over China as middle-class spurns luxury
By Casey Hall and Silvia Aloisi SHANGHAI/MILAN – Chloe Kou, a 28-year old beauty brand marketing manager from Shanghai, won’t be buying her usual “one or two” high-end handbags this year. Instead,…
Mercedes aims to fuel road to electric luxury with ‘desire’
BERLIN -Mercedes-Benz outlined a new strategy fuelled by “creating desire” through scarcity at a strategy day on the French Cote d’Azur, where it showcased its luxury models to analysts, investors and selected…
Pakistan bans imports of all non-essential luxury goods – minister
KARACHI, Pakistan – Pakistan has banned the import of all non-essential luxury goods in a bid to stabilize the economy, the information minister said on Thursday, describing the situation as an economic…
Italian luxury group Zegna sees sales above 2 billion euros in mid-term
MILAN – Italy’s Zegna is aiming for revenue above 2 billion euros ($2.1 billion) in the medium term, up from the 1.29 billion euros posted last year, the fashion group said on…
CINÉPOLIS LUXURY CINEMAS & PSYCHOLOGICAL TECHNOLOGIES PARTNER TO INTRODUCE A “SELF-CARE SUNDAY” MOVIEGOING EXPERIENCE DEBUTING THIS MAY FOR MENTAL HEALTH AWARENESS MONTH
“Recent research reveals a two-hour in-theater film experience can improve heart rate, brain function, focus and productivity, underpinning greater positive impacts on overall mental health and wellbeing,” said Annelise Holyoak, National Director…
Riverside County Man Found Guilty of Fraud for Misusing COVID-Relief Business Loan on Personal Expenses, Including Luxury Cars
LOS ANGELES – A Riverside County man who purported to own a pothole-repair company was found guilty by a federal jury today of fraud charges for using hundreds of thousands of…
Alleged Secret Service Fraudsters Won’t Be Allowed Back Into Their Luxury Apartment Building
Alleged Secret Service Fraudsters Won’t Be Allowed Back Into Their Luxury Apartment Building Jennie Taer on April 13, 2022 The luxury apartment in Washington, D.C., where two alleged Secret Service fraudsters lived…
Japan to ban Russia-bound exports of luxury cars, goods from April 5
By Kantaro Komiya TOKYO -Japan will ban the export of high-end cars and other luxury goods to Russia in its latest response to the Russian invasion of Ukraine, the trade ministry said…
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