Luxury
Ultra rich turn Vietnam into a new hot spot for luxury yachts
[BRISBANE] After making a fortune in coal mining and thermal power with his Dong Hai, Pham Van Toan wanted to try something different and shifted his investments towards luxury...
4 Teenagers Arrested in Singapore Over Attempted Robberies After Posing as Luxury Watch Buyers
Four men aged 17 to 19 were arrested on suspicion of being involved in two attempted robberies in which they targeted victims trying to sell costly timepieces.The Singapore Police...
US accepts Qatar luxury jet as Trump’s new Air Force One
[WASHINGTON] The Defense Department formally accepted a luxury Boeing 747-8 jumbo jet from Qatar to temporarily serve as the new Air Force One for US President Donald Trump, one...
Europe: Stocks ease from two-month highs as retailers, luxury stocks weigh
EUROPEAN stocks were little changed on Wednesday as gains in broader stocks outweighed declines in luxury and retail stocks, while investors monitored a tax cut bill in the United...
LVMH said to warn of continued luxury weakness on China woes
[PARIS] LVMH is warning investors and analysts that demand remains soft after the luxury conglomerate missed revenue estimates for the first three months of the year, sources familiar with...
Chanel profit tumbles as luxury industry downturn hits sales
[PARIS] Chanel profit plunged last year as the closely held company splurged on expanding its retail network and marketing to remain visible amid a luxury industry downturn. Operating profit...
Chanel profit tumbles as luxury industry downturn hits sales
[PARIS] Chanel profit plunged last year as the closely held company splurged on expanding its retail network and marketing to remain visible amid a luxury industry downturn. Operating profit...
China’s luxury car brand that’s come from behind to overtake BMW
[HONG KONG] In under four years, Seres Group, a small Chinese automaker once best known for its 30,000 yuan (S$5,403) minivans, has beaten luxury legacy names such as BMW...
