Coach owner Tapestry acquires rival Capri Holdings for $8.5 billion adding Michael Kors and Versace to its offering to create a US fashion giant

Tech Insider
Coach designer handbags
Tapestry's brand Coach has repositioned itself in recent years to be seen as more exclusive brand.

Edward Berthelot/Getty Images

MSC's new luxury cruise line has finally set sail — and its most expensive 2023 sailing will cost you a cool $21,500

Tech Insider
Explora Journeys Explora 1 cruise vessel at sea
Explora Journeys' Explora I has embarked on its maiden voyage, marking the start of the new cruise line's revenue sailings.

Explora Journeys

The 'richcession' isn't happening. The ultra-wealthy have never been richer and they're still spending like crazy.

Tech Insider : Economy
rich people

Scott Barbour/Getty Images

Astronauts, ecologists, and bands are splashing out up to $100,000 on luxury custom-made globes

Tech Insider
A painter adding details to a globe by Bellerby & Co Globemakers

Euan Myles/Bellerby & Co Globemakers

The 'aspirational' luxury shopper is suffering, but don't expect any deals

Tech Insider
Louis Vuitton
LVMH needs sales from "aspirational" customers, but offering major discounts to keep them would spell trouble for the company.

Miguel MEDINA / AFP

I spent a day with Rolls-Royce's newest car and saw why it's worth every penny of its $420,000 price tag

Tech Insider
The 2024 Rolls-Royce Spectre.
The 2024 Rolls-Royce Spectre was the most luxurious vehicle I've ever been in.

Tim Levin/Insider

Loewe overtakes Prada: How the new hottest fashion brand in the world shot to fame with help from Beyonce, Rihanna, and Kylie Jenner

Tech Insider
Two male models pose with Loewe handbags
Looks from the Loewe spring 2024 menswear collection.

WWD via Getty Images

From $2.5 million yachts to $400,000 in DoorDash bills, here are Sam Bankman-Fried and other execs' wildest purchases with FTX and Alameda funds

Tech Insider : Crypto
Sam Bankman-Fried with the Doordash logo and an Amazon Prime airplane
Sam Bankman-Fried gave FTX staff lavish perks for food and Amazon delivery.

Tom Williams/CQ-Roll Call, Inc via Getty Images; REUTERS/Carlo Allegri; Stephen Brashear/Getty Images

The trendiest thing that adds value to your home – and livens up your summer BBQ: a pizza oven

Tech Insider
A pizza oven in an outdoor kitchen
Pizza ovens are making their way into more homes across the country as homeowners emphasize outdoor entertaining.

Clarity NW

You can now buy secondhand Rolex watches as the luxury brand's certified pre-owned program hits the US

Tech Insider
certified pre-owned rolex
This GMT-Master II from 1997 is reselling for $14,000 as a certified pre-owned Rolex on Tourneau Bucherer's official site.

Courtesy of Tourneau Bucherer

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