Vuitton. Chanel. Who Cares? Prices and Quality Are Killing Luxury Brands. NYT | Top Stories By: Katharine K. Zarrella 20 December 2024 at 00:16 Luxury brands have triggered their own death spiral by selling overpriced, overexposed and lower-quality products. © Illustration by Ben Denzer.
Ingrid Lewis-Martin and Her Son Are Charged in Corruption Case NYT | Top Stories By: William K. Rashbaum, Michael Rothfeld and Dana Rubinstein 20 December 2024 at 05:26 Ingrid Lewis-Martin, who resigned as the mayor’s chief adviser, was charged in a bribery scheme involving $100,000 for a new Porsche for her son. © Jefferson Siegel for The New York TimesIngrid Lewis-Martin and her son Glenn Martin II, behind her, arrive at State Supreme Court in Manhattan for arraignment.
Obscene Prices, Declining Quality: Luxury Is in a Death Spiral NYT | Opinion 21 December 2024 at 10:11 Luxury brands have triggered their own death spiral by selling overpriced, overexposed and lower-quality products.
Hong Kong’s Trophy Homes Are Selling at Fire Sale Prices NYT | China By: Alexandra Stevenson and Anthony Kwan 12 November 2024 at 18:04 China’s economic downturn has not been kind to the ultrarich who made their wealth on its rise. In their haste to cough up cash, Hong Kong’s luxury property market has had some fire sales.
Louis Vuitton Owner LVMH Sees Stock Drop on Weak China Sales NYT | China By: Ravi Mattu 18 October 2024 at 00:15 Weak sales in China at LVMH, the owner of Dior, Tiffany and more, sent a shudder through the luxury sector.