Tag:

Luxury

Seres joins BMW and Mercedes-Benz in major Chinese high-power charging venture

In a move that signals a significant shift in the competitive landscape of the world’s largest electric vehicle market, the Chinese automaker Seres has officially joined the high-power charging joint venture established by BMW and Mercedes-Benz.

20 Apr 2026-14:16
Dalmatia cements status as a leading global nautical destination

Recent tourism data and industry reports have confirmed that Dalmatia remains one of the world's premier locations for nautical tourism, significantly outperforming other Mediterranean regions.

17 Apr 2026-14:58
Kering targets profit margin boost amid Gucci slump

Kering, the owner of Gucci, has announced plans to double its recurring operating profit margin as part of a broader strategy to revive growth after a period of underperformance.

16 Apr 2026-09:57
Fire destroys 8 luxury yachts in Türkiye’s Bodrum, reports link vessels to Azerbaijani businessman

A major fire broke out overnight at a marina in the Bodrum district of Türkiye’s Muğla province, destroying multiple luxury vessels, as reported by News.Az citing Turkish media.

22 Mar 2026-09:18
Luxury stocks' volatility highlights AI jitters, hedge fund positioning

As luxury companies like LVMH (LVMH.PA), opens new tab and Gucci-owner Kering (PRTP.PA), opens new tab struggle to recover from a two-year slowdown, they are navigating increasingly sharp share price swings stoked by hedge fund bets and investor nerves over AI-rattled markets.

17 Feb 2026-09:48
Why luxury brands are turning to China’s second tier cities

30 Jan 2026-17:00
Why China is tightening control over its booming cosmetic surgery industry

30 Jan 2026-16:00
Why Tesla ends the Model S and Model X?

30 Jan 2026-14:20
Kering and Mayhoola inject €100 million into struggling Valentino

French luxury group Kering and Qatar-backed investment fund Mayhoola will inject €100 million ($117 million) into Valentino to stabilize the Italian fashion house’s finances after it breached loan terms earlier this year, according to a corporate document reviewed by Reuters.

11 Nov 2025-16:38
Iran's president fires deputy over luxury cruise in Antarctica

A high-ranking Iranian official was dismissed by President Masoud Pezeshkian due to an expensive holiday trip to Antarctica, according to Iran's news agency on Saturday.

05 Apr 2025-17:47

Prev Next