Companies should focus on fair pay and workers’ rights, our survey suggests.
Ghana’s real estate boom has focused on luxury housing.
Remy Mboku/Wikimedia Commons
In the formal real estate industry, there is an emerging narrative that affordable housing deficits in African cities represent a vast untapped market
Sneakers have become highly covetable collectors’ items.
Zarya Maxim Alexandrovich/ Shutterstock
As sneakers have gone from sportswear to fashion item, the market for the shoe has exploded.
Masters of il-Louis-ion.
Conglomerates like LVMH, Richemont and Kering are the masters of supply chain control.
Not your average souvenir shop.
Melanie Pongratz via Unsplash
Research reveals why Chinese millennials love to spend overseas on luxury brands.
Protesters hold signs outside women’s fashion designer Eudon Choi in London during Fashion Week in 2017.
The COVID-19 pandemic has cast a harsh light on global commerce in wildlife. But many accounts focus on demand from Asia, ignoring the role of US and European consumers.
The economic and health crisis we are experiencing will push luxury companies to reinvent themselves.
An acceleration of digital development, of the second-hand market and of concentration movements are notably to be expected in the sector.
Rosewood, the name for several endangered tree species that make beautiful furniture, being loaded in Madagascar.
For decades nations have worked to curb international sales of endangered plants and animals. But in countries like China, with high demand and speculative investors, that strategy fuels bidding wars.
The glacier express train in Switzerland: on the bucket list for rich Indians.
Rich Indian women are anxious about being recognised as members of an international elite.
Antoine Arnault (second from left), son of Bernard Arnault and member of the LVMH board of directors, visited the Notre-Dame de Paris Cathedral the day after the fire.
Christophe Petit Tesson/AFP
The biggest names in France’s luxury industry have given millions of euros to help rebuild Notre Dame. Questioning why they would do so overlooks the deep historical and religious roots of the industry.
For individuals engaged in corruption, the luxury sector is an attractive vessel to launder illicit funds.
Data from 32 high-income and emerging economies show a strong correlation between luxury item expenditure and societal corruption.
An artisan is working with a silk weaving loom in her workshop.
Many major luxury goods firms have long made place a key part of their identity, and a visit to a traditional silk-weaving centre in Vietnam shows that the approach could work for small firms too.
Karl Lagerfeld in 2012.
Flickr / Modasplendida
Karl Lagerfeld (1933-2019) was a presence in the fashion world for so long that he seemed immortal. With his passing, we look at his impact and future legacy.
The age of the independent fashion house is over, the luxury market is now about the big conglomerates.
Listen up, guys.
Going private would help Tesla reestablish its luxury status.
The Hermès building in Tokyo, designed by Renzo Piano (Ginza 5, Chuo-ku, Tokyo).
Naoya Fujii/Visual Hunt
Case analysis of Hermès and its four strengths: a real identity, the creativity and skills of its artisans, innovation, and the fact that it remains an independent family company.
Counterfeit goods could be the Christmas bargains that cost you dearly.
Discretionary pricing… for scientists and surveyors.
Hidden Science Map
If the government wants to tackle wealth inequality, then it has the tools at its disposal to help people pay a fair amount for everyday goods.
Best for business.
Having a Queen is a distinct business advantage, particularly due to reverence for the monarchy in new and emerging markets like China.
Body 1, Re-materialisation of Systems, El Ultimo Grito, 2014.
© Photos by POI
The V&A’s new show turns the spotlight on our obsession with luxury.