The famous jeweller Tiffany & Co has just sold for a cut-price bid.
Combine years of ludicrous leverage and the pandemic collapse, and many companies are living on borrowed time.
Ford employees assemble ventilators.
AP Photo/Carlos Osorio
Ford is assembling ventilators, LVMH is making hand sanitizer, and Chanel is making masks. Here's why these and dozens of other companies are doing it.
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.
Different mindsets: the world does not view luxuries in the same way.
When it comes to advertising luxury brands, marketers tend to see the world as one homogenous lump. It's time they wised up.