Some new mothers say postpartum care centers are the best part of childbirth in South Korea, where fewer people are deciding to have children because of high costs.
Tag: Luxury Goods and Services
LVMH’s Bernard Arnault Is the King of Luxury, but Who Is Next to the Throne?
With brands like Tiffany, Dom Pérignon and Louis Vuitton, LVMH turned him into one of the world’s richest men. But with five children, he has a hard decision to make.
A Saudi Rolex Sold in a U.S. Mall Could Get Bolsonaro Arrested
Brazil’s former president, Jair Bolsonaro, is the target of multiple criminal investigations. One includes a watch, gifted by the Saudis, sold in a Pennsylvania mall.
Luxury Imports to Russia Take a Detour Around Sanctions — Through Dubai
More than a year into Vladimir Putin’s invasion, the web of global trade has adjusted to Western sanctions, with a network of middlemen sending cars, electronics and more to Russia.
Miller High Life, ‘Champagne of Beer’, Cans Crushed in Europe
Customs authorities in Belgium forcibly recycled thousands of cans of America’s “go-to lowbrow beer of choice” after they took issue with its slogan: “the Champagne of Beers.”
They Flocked to China for Boom Times. Now They’re Thinking Twice.
Global businesses and industries that rode the China growth wave for years are bracing for the fallout of a slowing economy.
How Sabyasachi Made the Sari Haute
As his country’s most famous designer, Sabyasachi has persuaded Indians to see the luxury in their fashion heritage. Can he persuade Americans too?
U.S. Imposes Sanctions on Yacht Company That Caters to Russian Elites
The Treasury Department also identified four yachts as being linked to President Vladimir V. Putin of Russia.
Why Russian Influencers Are Cutting Up Their Chanel Bags
The iconic French brand is asking customers to attest that they will not use their newly purchased items in Russia, sparking a social media protest.
No Ikea Shelves, No Levis: The Western Retail Exodus From Russia Is On
Since the invasion of Ukraine began, the increasing financial and reputational risks of doing business in Russia are leading Western brands to halt operations.