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Elon Musk Net Worth: From $788,800,000,000 today to a possible $1,000,000,000,000 after SpaceX IPO— How much would each of his 14 children get?Elon Musk Net Worth June 2026: According to Forbes, Elon Musk’s fortune stood at approximately $788.8 billion on June 8, 2026. Some project...
Great Experiences: Why cheese tourism is becoming the latest luxury travel trend among IndiansLuxury travellers yearning for authentic yet offbeat experiences are opting for cheese tourism, finds Glynda Alves
India’s brandy boom still feels uncool. Liquor cos want to give it a makeoverBrandy, a spirit deeply entrenched in South India's culture and cinema, is now undergoing a national makeover. Despite being India's second...
Ennismore opens first India hotel, targets travellers choosing experiences over goodsEnnismore, a global lifestyle hospitality company, has launched its first hotel in India. The Roswyn property in Mumbai offers 109 suites. ...
European shares set for eighth weekly gain; Hermes jumps after strong earningsEuropean shares took a breather on Friday and were on track for their eighth straight week of gains, while luxury stocks jumped after robus...
FTSE 100 jumps to 10-day high as luxury stocks gainLondon's blue-chip share index jumped to a 10-day high on Friday after upbeat earnings updates from European luxury firms boosted Burberry ...
European shares fall on mixed earnings, luxury firms dragShares of Kering fell 3.5% to their lowest since early 2020 as the French luxury group posted a bigger-than-expected drop in third-quarter ...
Bernard Arnault becomes world’s richest man. See who is heBernard Arnault, the CEO of LVMH, overtook Elon Musk as the world’s richest person. Bernard Arnault’s net worth is $171 billion, more than ...
Unilever's CHRO Leena Nair to lead Chanel as its global CEONair is Unilever's chief human resource officer and also a member of the company's Leadership Executive (ULE). She will join the French lux...
LVMH countersues Tiffany, walks away from $16.2 billion, claims 'mismanagement' scuppered dealThe court also urged the two sides to try to work out a settlement.
US luxury goods giant Tiffany sues LVMH for reneging on $16 billion deal as France steps inThe deal is the latest in a string of mergers and acquisitions that were agreed to before the coronavirus pandemic took off around the worl...
MNC luxury brands like Hugo Boss and others shuffle partners in quest for bestBillionaire, which was expected to sign an agreement with Infinite Luxury Brands, has instead decided to partner Dubai-based BinHendi Enter...
Tano Capital picks up Rs 62 crore stake in Sanghvi Brands"This is the first round of PE funding for Sanghvi and the investment will be used for its overseas expansions," Bhansali said.
LVMH-owned Sephora may dump Genesis Colors, in talks with DLF Brands for new franchise partner in IndiaThe spat between LVMH-owned private firm L Capital Asia and Genesis Colors may lead to Sephora finding itself a new franchise partner in In...
Bulgari plans to set up exclusive retail stores in IndiaBulgari has made an application to the Foreign Investment Promotion Board (FIPB) for its investment under the single-brand route.
TCS acquires France's Alti SA for over Rs 530-crThe acquisition gives the firm access to blue-chip French and European clients in banking, luxury, manufacturing and utilities sectors.
- FDI in retail: Global luxury brands like Louis Vuitton, Burberry to ramp up presence
With the removal of the cap on foreign ownership in single-brand retail, global luxury brands are expected to ramp up their presence.
- Top Luxury brands like Louis Vuitton, Canali, Jimmy Choo eye huge profits from 100% retail FDI
The world’s top luxury goods makers will be the biggest gainers if the government opens up single brand retail to 100% FDI.
- Gucci exits JV with Murjanis
Luxury brand Gucci has parted ways with its Indian franchisee Vijay Murjani, which is also the distributor of premium brands Calvin Klein, ...
- Pantaloon forms JV with French apparel firm
Future Group flagship enterprise Pantaloon Retail has signed a 50-50 joint venture agreement with French apparel firm Celio to add to its g...