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Tag: Luxury Goods and Services

World

Police Raid Peruvian President’s Home, Looking for Rolex Watches

March 30, 2024March 31, 2024Mitra TajComments Off on Police Raid Peruvian President’s Home, Looking for Rolex Watches

Dina Boluarte, who has been seen wearing luxury watches and a $50,000 bracelet, is under investigation for breaking the country’s unlawful enrichment and asset disclosure laws.

World

The Quiet Luxury of South Korea’s Postpartum Care Centers

January 28, 2024January 28, 2024Lauretta CharltonComments Off on The Quiet Luxury of South Korea’s Postpartum Care Centers

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.

World

LVMH’s Bernard Arnault Is the King of Luxury, but Who Is Next to the Throne?

September 14, 2023September 14, 2023Liz Alderman and Vanessa FriedmanComments Off on 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.

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.

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