Pharrell Williams was just named the new creative director of Louis Vuitton's menswear division

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Pharrell Williams
Pharrell Williams was named "Men's Creative Director" of Louis Vuitton on Tuesday.

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Nike is teaming up with Tiffany & Co. on a $400 shoe. Sneakerheads aren't impressed.

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nike tiffany & co sneaker collaboration box
The collaboration shoe is expected to retail at $400.

Nike

World's richest person Bernard Arnault's fortune has increased by more than $33 billion this year

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Bernard Arnault
Bernard Arnault has a net worth of $196 billion.

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The $400 Tiffany & Co. and Nike sneaker collab is just the beginning — the brands are also hawking silver accessories like shoe horns totaling over $1000

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Tiffany Nike Air Force 1
The Nike Air Force 1 Low Tiffany & Co. "1837" releases next month.

Tiffany & Co.

Warren Buffett is the only top-10 billionaire to become poorer this year after Berkshire Hathaway missed out on the stock market's rally

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warren buffett close up
Warren Buffett.

REUTERS/Rick Wilking

The Arnaults are betting big on K-Pop, and it shows the power of South Korea's luxury spending machine

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Jimin from BTS attends the Dior Homme Menswear Fall-Winter 2023-2024 show as part of Paris Fashion Week on January 20, 2023 in Paris, France.
BTS singer Jimin at Dior's fashion show in Paris on January 20.

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Investors are piling the most cash into European stocks in nearly as year as recession outlook fades

Tech Insider : Economy
A Louis Vuitton store on Bond Street in London, United Kingdom, an area lined with luxury stores.
A Louis Vuitton store on London's Bond Street, an area lined with luxury stores.

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