The Latest Breaking News from Luxury

Even as people point to increasing competition as a threat to Tesla, the automaker’s current positioning is hugely dominant in the market.

Irish prime country homes are defined as transactions greater than €1 million and located outside of Dublin, the major regional cities and north Wicklow. Last year, 130 of these homes were bought - an extraordinary increase of 51% on the 2021 figures.

British luxury goods firm reports 1% increase in global sales in last quarter of 2022

Teenagers are making their first luxury buys - likely a piece of jewelry or bag - as early as age 15. It's a trend that's set to stay and brands are capitalizing on their new audience.

Shoppers were quick to share the news

Thieves rammed a car into the front of a Hugo Boss store around 4.30am causing extensive damage. They then made off with an unknown quantity of clothes from the luxury fashion retailer.

British luxury brand Burberry's like-for-like sales growth slowed sharply to 1% in the quarter to end-December as COVID-19-related disruption in mainland China largely offset a stronger performance in Europe. Analysts were expecting a 2% rise, according to a company-supplied consensus. It had reported growth of 11% for the previous quarter.…

In Putin’s “mobilization economy,” entrepreneurs find creative ways to meet demand, like converting Krispy Kreme into Krunchy Dream, Starbucks into Stars Coffee.

Huge rise in cost of own-label ranges outstripped 12.6% increase in supermarkets’ luxury brands

The World Economic Forum's annual meeting in Davos, Switzerland, has always been more than a little problematic. But in recent years, the annual gathering of the rich and powerful has become an increasingly wasteful exercise in vanity. What is the point of all those private jets, luxury hotels, and clinking…

Jailed influencer lost an appeal against seizures in Bucharest