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Business

LVMH misses expectations as luxury stocks experience growth slowdown

Major European luxury stocks have experienced a slowdown in growth, primarily due to softened global purchasing power, particularly in China.

Economy

European millionaires: Which country is due to top the league by 2028?

Research from UK economic think tank the Adam Smith Institute suggests three countries in Europe will see the greatest increase in the proportion of millionaires by 2028.

Economy

China’s CPI and economic briefings dampen European market sentiment

China reported weaker-than-expected consumer price growth for September, alongside an underwhelming economic briefing, which may exert pressure on European luxury stocks.

Business

LVMH becomes major sponsor of Formula 1 with new 10-year deal unveiled

LVMH has signed a 10-year global partnership with Formula One, with brands such as Louis Vuitton and Tag Heuer involved. The iconic watch manufacturer Rolex is ending a partnership with Formula One, which has been ongoing since 2013.

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Lifestyle

LVMH sells Off-White: Is this the end for Virgil Abloh's brand?

Off-White, the Virgil Abloh brand that was bought out by LVMH in 2021 at the height of its popularity now faces cultural irrelevancy. Why?

Green News

Private jet flights to European holiday hotspots spike during summer

Are private jets reserved for business? New research reveals flights spike during Europe’s holiday season.

Business

Mulberry rejects takeover bid from Mike Ashley's Frasers Group

Mulberry has recently rejected a takeover proposal from Mike Ashley's Frasers Group as too low. It insists that its own fundraising measures will be enough to stabilise the company.

Business

How Switzerland is training up the next generation of luxury hoteliers

Switzerland has made a name - and business - for itself training up the next generation of hoteliers. Nestled in the hills above the city of Lausanne, the EHL Hospitality Business School is one of the schools doing just that.

Lifestyle

Monaco Yacht Show: Celebrating the world's most luxurious vessels

Monaco Yacht Show has made its return to the idyllic Port Hercule to showcase some of the world’s finest superyachts and luxury vessels.

Culture news

Haider Ackermann named new creative director of Tom Ford

Ackermann is taking the reins immediately, with his first collection for the brand set to debut during Paris Fashion Week in March 2025.

Lifestyle

Geneva Watch Days: Where watchmaking excellence meets innovation

Every year Geneva Watch Days brings together tens of thousands of watch collectors and enthusiasts around 52 brands for an experience which is becoming a major fixture on the watchmaking diary.

Lifestyle

Take a look at the uber-luxury supercars up for sale at Salon Privé

New fabulous four-wheeled supercars worth millions can be seen this weekend at the exclusive Salon Prive motor show at Blenheim Palace.

Experiences

A new Orient Express train is nearly here and every detail is dreamy

Another legend of the golden age of rail travel is awakening.

Experiences

Soak in thermal spas as you cycle Slovenia's green wellness route

How I cycled Slovenia's lesser-known towns, soaking in thermal spas along the way.

Lifestyle

Dolce & Gabbana has made a perfume for dogs - but vets say it stinks

The perfume costs €99 and has been certified suitable for animal use - but some say it could make dogs lose their scents of identity.

Travel News

Fly to the Maldives with this ‘value for money’ business class airline

BeOnd is a new, all-premium airline hoping to shake up the luxury travel market.

Travel News

Take a look inside Qatar Airways luxurious new ‘Next Gen’ suites

The airline says the suites are 'the future of business class travel’.

Business

Aston Martin on track to raise production despite widening losses

Gaydon-based Aston Martin saw losses mount in its first half year. Despite that, the company says it will increase production in the second half of 2024.

Business

Porsche ditches electric car targets as demand fails to accelerate

The news comes after Porsche warned that production of some cars had been hit by a shortage of aluminium parts following the flooding of a factory at a key European supplier.

Business

Demand for luxury declining? LVMH half-year net profit drops 14%

Shares in LVMH Moet Hennessy Louis Vuitton SE fell nearly 5% on Wednesday morning after the luxury goods company failed to cheer investors with its latest results.