Malls turn to luxury retailers

Nov 23, 2021
Retail centers in wealthy neighborhoods with high-end shops have survived, but middle- and lower-tier malls may struggle.
Purveyors of luxury goods have largely fared better during the pandemic than lower-end shops.
Spencer Platt via Getty Images

Rihanna puts her Fenty fashion "house" on hold

Feb 11, 2021
Fenty is essentially a startup within an established brand that has faced challenges during the pandemic.
Paras Griffin/Getty Images for BET

Rihanna and LVMH announce new luxury fashion house

May 10, 2019
The 31-year-old star has made history (again).
Rihanna attends the Fenty Beauty by Rihanna anniversary event on October 3, 2018 in Sydney, Australia.
Photo by Caroline McCredie/Getty Images for Fenty Beauty by Rihanna

Peugeot announces return to North American market

Feb 28, 2019
Peugeot is one of the world’s oldest auto brands, but it hasn’t sold cars in the United States for more than 25 years. Now it hopes to bring its je-ne-sais-quoi auto engineering back to North America. Click the audio player above to hear the full story.

Young? Hip? Not in the 1 percent? Tell that to your luxury car.

Feb 25, 2019
During last night’s Academy Awards broadcast, Mercedes-Benz launched the newest installment of commercials to promote its A series, a car model geared to younger buyers. The commercial targets hip, skeptical shoppers who associate Mercedes with an exclusive, out-of-reach and out-of-touch lifestyle. The ad is clever, with self-aware dialogue directed at Mercedes’ interface equivalent of Apple’s […]
A model poses next to a Mercedes-Benz New A Class at the Seoul Motor Show 2019 at KINTEX on March 28, 2019 in Goyang, South Korea.
(Photo by Chung Sung-Jun/Getty Images)

Remembering Karl Lagerfeld, a creative force in the business of fashion

Feb 19, 2019
The fashion house Chanel announced its creative director died today.
Karl Lagerfeld before the opening of his photo exhibition entitled 'Little Black Jacket' at the Grand Palais in Paris, France on November 8, 2012.
Patrick Kovarik/AFP/Getty Images

Slow sales shed light on how jewelers make money via financing

Jan 17, 2019
Signet Jewelers, the company behind Kay Jewelers, Jared and Zales, is reporting weak holiday sales figures. Click the audio player above to hear the full story.

For public good, not for profit.

Luxury travel experiences are the next big thing from Louis Vuitton

Dec 14, 2018
LVMH spends $3.2 billion on a deluxe hotel and travel chain to attract millennial money.
The canal in front of the Hotel Cipriani in the Venice lagoon in 2014.
Pierre Teyssot/AFP/Getty Images

Mid-luxury brands say no to discounted goods

Jul 31, 2018
Ralph Lauren posts earnings bump by leaning in to full priced products
People walk by Ralph Lauren's Fifth Avenue Polo store on April 4, 2017 in New York City.
Spencer Platt/Getty Images

A $1 million gun, made from a meteorite

Dec 24, 2015
Rare gun collectors should start saving up for some “extra-terrestrial pistols."

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