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India's trade impasse with Trump keeps rupee in the coldIndia's rupee is experiencing a sharp decline against the dollar. This is driven by U.S. tariffs and investors withdrawing funds. Experts s...
Labubus might be the perfect avatar of 2025Labubus, quirky toy charms born from Dutch author Kasing Lung’s books, have become a $1 billion global craze, outselling Barbie and propell...
Did billionaire Nicolas Puech lose his Hermes fortune to a hidden fraud? Swiss court rejects fraud claimsHermes's heir Nicolas Puech claims his previous financial manager committed fraud, which is why his fortune vanished. Puech's charitable fo...
Meet Suni Lee, a US gymnast whose rare kidney disease could not stop her from defending gold at the Paris Olympics 2024Suni Lee is a popular US gymnast who is currently making headlines for being an unstoppable athlete in the face of adversity, winning a gol...
Rebel Moon: Director's Cut - When will it be available on Netflix? Release date & timeThe eagerly awaited "Rebel Moon: Director’s Cut" is debuting on Netflix this weekend, offering an extended and more intense version of Zack...
Is Israel's Mossad intelligence agency behind Ismail Haniyeh's assassination?After the killing of Hamas leader Ismail Haniyeh, many observers have questioned if Israel and its intelligence agencies were involved in t...
Gucci’s China shock reverberates across the luxury landscapeFears of a slowdown in luxury spending among Chinese consumers have been growing for some time, and recent events have underscored this con...
Hermes heir plans to adopt 51-year-old gardener to transfer his $11 bn fortuneThis unconventional move is part of the heir's effort to change his estate beneficiaries, representing 5-6 per cent ownership of the $220 b...
LVMH becomes first European company to exceed $500-billion market valueThe achievement comes less than two weeks after LVMH joined the ranks of the world's 10 biggest companies, powered by a surge in first-quar...
The self-made Chinese billionaire battling to save debt-mired EvergrandeThe 62-year-old -- also known as Hui Ka Yan in Cantonese -- was at one point China's richest man, with a taste for luxury labels, exclusive...
Wealthy shoppers buy less, but better: Hermes becomes the most-preferred, chic choice for luxury purchasesConsumers want tried and tested styles like a Hermes Birkin bag or a Moncler puffer jacket.
Paris billionaire rivalry fuels pursuit of Tiffany, MonclerThe rivalry, more than two decades in the making, has defined the modern luxury industry and shows no signs of ending. Since 2001, when Ker...
Logic vs reality: When fashion brands sold basic T-shirts for Rs 1.5-60 lakhIncreasingly, tees costing over Rs 25,000 are becoming common.
LVMH to gain control of Christian Dior after $13 billion Arnault dealArnault, who has a net worth of $46.3 billion, took control of Dior and Louis Vuitton in the 1980s and later added brands ranging from fash...
This Bengaluru man completed 190 dives in two yearsIt started two years ago when he took a diving course in Sri Lanka with a friend. While his friend left after four days into the course, Aj...
International luxury brands abandoning China as economy slowsDuring the past two years, Britain's Burberry has closed four stores in China, Coach shut two, Hermes one, Armani five, and Prada went from...
Mobile applications to woo Indian consumersDesigner Ritu Kumar’s app, for example, has a virtual wardrobe for users to try different clothes on his/her picture.
Fading Eurozone crisis coloured by wishful thinking"The eurozone is bathing in a post-crisis climate and everyone wants to see the bright side," commented economist Ludovic Subran.
- Champagne corks popping again in luxury business
Champagne corks are popping again in the luxury business as "It" bags and expensive watches this year sell like hotcakes from Beijing to Ne...
- Saudi Saad group sued for $10 bn fraud: Report
A festering dispute between two leading Saudi business families has erupted with Al-Gosaibi group filing a 10-billion-dollar fraud lawsuit ...