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Tag: Luxury Goods and Services

World

A Saudi Rolex Sold in a U.S. Mall Could Get Bolsonaro Arrested

August 22, 2023August 22, 2023JACK NICASComments Off on 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.

World

Luxury Imports to Russia Take a Detour Around Sanctions — Through Dubai

May 11, 2023May 11, 2023Anton Troianovski and Jack EwingComments Off on 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.

World

Miller High Life, ‘Champagne of Beer’, Cans Crushed in Europe

April 24, 2023April 24, 2023EMMA BUBOLAComments Off on 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.”

World

They Flocked to China for Boom Times. Now They’re Thinking Twice.

July 28, 2022Daisuke Wakabayashi and Patricia CohenComments Off on 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.

World

How Sabyasachi Made the Sari Haute

June 22, 2022Francesca MariComments Off on 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?

World

U.S. Imposes Sanctions on Yacht Company That Caters to Russian Elites

June 2, 2022June 2, 2022Julian E. Barnes and Michael ForsytheComments Off on 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.

World

Why Russian Influencers Are Cutting Up Their Chanel Bags

April 10, 2022April 11, 2022EMMA BUBOLAComments Off on 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.

World

No Ikea Shelves, No Levis: The Western Retail Exodus From Russia Is On

March 9, 2022Sapna Maheshwari and Vanessa FriedmanComments Off on 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.

World

Why Bragging About Your Wealth In China Can Get You Censored

December 25, 2021Vivian Wang and Joy DongComments Off on Why Bragging About Your Wealth In China Can Get You Censored

Online posts by users showing off their receipts, over-ordering food or scattering money have been deemed vulgar. Regulators say such content leads young people astray.

World

In China, Bragging About Your Wealth Can Get You Censored

December 25, 2021Vivian Wang and Joy DongComments Off on In China, Bragging About Your Wealth Can Get You Censored

Online posts by users showing off their receipts, over-ordering food or scattering money have been deemed vulgar. Regulators say such content leads young people astray.

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Headlines

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The U.N. food agency fears it will not have enough to feed people in Haiti.

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