Tiffany's woos Chinese shoppers at home amid trade war
Tiffany & Co. is planning to open more stores in mainland China as the weak yuan deters Chinese consumers from spending overseas and they shift their luxury buying back home. Bloomberg's Selina Wang reports from Shanghai at the company's largest-ever exhibition.
Pride and pique as Louboutin takes Pakistan chappal global
Famed for luxury red-soled stilettos, French shoe designer Christian Louboutin has taken inspiration for a new sandal from Pakistan's tribal frontier, sparking claims of cultural appropriation along with grins from grizzled Pakistani cobblers.
Porsche obliged to pay €10 million after tax blunder
The headquarters of the German luxury auto brand was raided twice as investigators probed underreported tax filings, a German newspaper writes. Among issues raised was the use of the company jet for private matters.
Luxury is more resilient than regular retail, FSI's Norsa says
Michele Norsa, an industrial partner at Fondo Strategico Italiano, examines the impact of Black Friday and Cyber Monday discounts and the strength of luxury retail.
'Pink Legacy' diamond sold for record $50 million
The "Pink Legacy", a diamond weighing just under 19 carats, fetches a record $50 million, purchased by U.S.-based luxury jeweler Harry Winston. Michelle Hennessy reports.
Top: Porsche panamera Turbo S E-Hybrid
Luxury is the art of the possible. You could take the Porsche Panamera Turbo S E-Hybrid to 310 km/h – except there’s no real need.