The Latest Breaking News from Luxury

BYD is doubling down on its European conquest plans by introducing a new luxury brand called Denza. Its goal: to compete with the West's classic premium brands, including BMW, Audi, Mercedes and Volvo. And it can do something they can't do: turn parking into magic. 

Prada has secured Versace at a €180m discount amid market turmoil and after months of speculation

The deal was almost scuppered by the tariff chaos of recent weeks but closed today

Prada Group announced the purchase of Versace fashion house on Thursday from US luxury group Capri Holding in a cash deal valued at €1.25 billion euros ($1.4bn.)

“Versace has huge potential,” said Andrea Guerra, CEO of Prada, upon the deal’s closing.

After months of speculation, Prada's acquisition of Versace might finally happen—but the tariffs impact the deal's price.

After decades of riding the sales gravy train, legacy premium brands face a harsh new reality in China. BMW, Mercedes-Benz, and Porsche had a rough 2024, and the start of this year has been even more brutal. The posh trio saw double-digit declines in the first quarter, with Zuffenhausen taking…

Globally the elite Mayfair address moved from fourth to third place behind only New York’s Fifth Avenue and Madison Avenue

An opulent sofa color, striped cushions, and vintage gold frames create a luxurious feel that invites tranquility into her living room – it's easy to recreate in any space