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The Latest Breaking News from Luxury

Nets’ Offseason Chronicles: The NBA’s 2022-23 luxury tax and how it affects the team

NEW YORK — A deal that pays Nic Claxton $15 million annually could actually cost the Nets closer to $100 million in the first year alone.

Tribune News Service

Best deck chairs for easy summer sunbathing

Add a touch of fun to your garden with the best deckchairs for relaxing and reclining

Evening Standard

New York's Waldorf Astoria Finds Rocky Path to Condo Conversion

New York's famed Waldorf Astoria hotel is struggling to complete its plan for converting hundreds of guest rooms into luxury residences, a process that is shaping up as one of the largest, most intricate and priciest condo conversion and hotel rebuild projects undertaken.

Bangkok Post

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No, Biden can't just sell off seized Russian yachts and central bank assets to help aid Ukraine – international law and the US Constitution forbid it

The Biden administration wants to sell off the yachts, homes and other luxury assets it has seized from Russian oligarchs and use those proceeds to support reparations for Ukraine.

The Conversation

Estee Lauder Cuts Annual Sales Forecast on China COVID Curbs, Ukraine Crisis

Estee Lauder Cos Inc cut its full-year sales forecast on Tuesday, as fresh COVID-19 restrictions in China and Russia's invasion of Ukraine dampen demand for the cosmetics maker's luxury products. The company's shares were down 9% in pre-market trading on low volumes. The maker of MAC lipsticks and Bobbi Brown…

Asharq Al-Awsat

The best hotels in Miami, from chic Art Deco stays to family-friendly retreats

Allowing you to pair a beach holiday with a sunny city break, these are the best stays in the Magic City

The Independent UK

Setback for billionaire Peter Thiel’s plan to build luxury lodge in remote New Zealand

Council planners recommend sprawling development proposed for Wanaka, near Queenstown, be rejected

The Guardian - AU

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Inside the incredible space hotel that could be set to open as early as 2025

Lucky travellers will be given a luxury experience in space - complete with gym, beautiful restaurants and incredible views.

Daily Record

Fiji court rules United States can seize Russian superyacht - reports

A Fiji court ruled on Tuesday that the United States can seize a Russian-owned superyacht, media reported, 21 days after the luxury vessel Amadea arrived in the Pacific island nation and was detained by police.

Reuters

Conor McGregor takes family on a test drive in 'supercar of the sea' new Lamborghini yacht

The UFC fighter took ownership of the luxury yacht at the weekend

Dublin Live

Conor McGregor beams with pride over 'supercar of the sea' as he takes yacht out with family

McGregor officially took ownership of the luxury yacht at the weekend

Irish Mirror

Inside space HOTEL to open in 2025 offering luxury experience with galaxy views

Illustrations of the interiors for the Voyager and Pioneer stations resemble a luxury hotel complete with a gym, lobby bar and beautiful restaurants that guests can enjoy while orbiting Earth

Daily Mirror

Toyota unveils 1st exclusively electric model under Lexus brand

Toyota Motor Corp. has unveiled details of the RZ, the first exclusively electric vehicle model under its Lexus brand, hoping to make its presence felt in the luxury EV market.

The Japan News/Yomiuri

Conor McGregor shows off new custom €3million Lamborghini yacht

McGregor has continued to live his luxury lifestyle, and has now flown with his family to Monaco to collect his latest custom Lamborghini yacht

Irish Mirror

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Zenger

Stash In The Attic: GBP 7 MIllion Cash Crook Took Her Loot To Luxury Villa

Yasemin Gundogan, 28, disappeared after loading bags of cash into a van.

Daily Mirror

Conor McGregor shows off new custom £2.6million Lamborghini yacht

McGregor has continued to live his luxury lifestyle, and has now flown with his family to Monaco to collect his latest £2.6million custom Lamborghini yacht

ABC News

What do we know about the $450m superyacht linked to a Russian oligarch that's been seized in Fiji?

Fiji and the United States are embroiled in a court case over a superyacht allegedly belonging to a sanctioned Russian oligarch. The fate of the luxury vessel is expected to be handed down tomorrow.

The Independent UK

Selling Sunset cast share their favourite looks from season 5

Real estate agents are known for their love of luxury labels and sky-high heels

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Daily Record

New Downton Abbey film features Edinburgh's Royal Yacht Britannia

In Downton Abbey: A New Era, the Crawleys sail to France on the Royal Yacht Britannia, the luxury sea vessel used by Royal Family for over 40 years.

Tribune News Service

Auto review: The 2022 Range Rover is a sublime lesson in modernist reductive luxury design

The problem with American luxury SUVs isn’t the lack of luxury; it’s that they don’t always go far enough. The opulence is there, but it’s particularly middlebrow, or what a middlebrow customer thinks a sophisticated type might want in their leather-lined wagon. None of them feel impeccably finished.

Manchester Evening News

Gang raid luxury home on quiet country lane and flee with high-end watches, diamond ring and £2k

“The occupant has understandably been left shaken by what happened at his home and is being supported by officers."

Reuters

Tourist hub Bahamas sees spike in migrant smuggling by boat to the United States

(Refiles to remove extraneous word in paragraph 15)

The Independent UK

EXPLAINER: Why US needs a law to sell off oligarchs' assets

President Joe Biden doesn’t want to just seize the yachts, luxury homes and other assets of Russian oligarchs, he wants to sell off the pricey goods and use the money to help rebuild Ukraine

Manchester Evening News

Asda follows Aldi and launches luxury £5 food item everyone loves

It always sells out quickly when it's on sale in Aldi

Evening Standard

Badrutt’s Palace, St. Moritz: magical alpine luxury with a world-class restaurant line-up

From Jason Atherton to Nobuyuki Matsuhisa and Andreas Caminada, the culinary offering at Badrutt’s Palace is hard to fault. Anna Barnett checks into the slopeside palace

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