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luxury-retail

Luxury brands from Gucci to Chanel are placing billion-dollar bets on in-store shopping

Sat, 04/06/2024 - 20:27

Gucci — The Gucci storefront in Moscow.
ALEXANDER NEMENOV/AFP via Getty Images

Retail, Real Estate, insider-news, luxury-retail, Chanel, gucci, Kering

Buying a Rolex is easier than you think, an official retailer says

Thu, 03/21/2024 - 05:00

Jordan Hart wearing a Rolex — The 36mm Rolex Oyster Perpetual Day-Date with a mother-of-pearl dial and president band retails for just under $42,000.
Jordan Hart/BI

Retail, rolex, watch-collector, luxury-watches, luxury-retail

Bernard Arnault, the world's 3rd-richest person, is set to appoint 2 more of his children to the LVMH board

Tue, 01/23/2024 - 06:31

Actor Kris Wu, CEO of Rimowa, Alexandre Arnault, Frederic Arnault and Owner of LVMH Luxury Group Bernard Arnault attend the Louis Vuitton Menswear Fall/Winter 2020-2021 show as part of Paris Fashion Week on January 16, 2020 in Paris, France. — Alexandre, Frédéric, and Bernard Arnault in January 2020.
Bertrand Rindoff Petroff/Getty Images

Retail, bernard-arnault, LVMH, alexandre-arnault, antoine-arnault, luxury-goods, luxury-fashion

A childless descendent of the Hermès founder is planning to leave half his $12 billion fortune to his former gardener and handyman, report says

Fri, 12/15/2023 - 08:32

Heart Evangelista wears a green shiny crocodile leather Kelly Hermes bag, during a street style fashion photo session, on December 02, 2023 in Manila, Philippines. — Edward Berthelot/Getty Images

Retail, hermes, Wealth, money, luxury-retail, Luxury, trending-uk

I worked at Louis Vuitton. We spotted fake bags all the time — here's what we did when customers tried to return them.

Wed, 12/13/2023 - 05:10

a woman carries a Louis Vuitton bag — Shelley Alvarado worked at Louis Vuitton for five years and says she was passionate about the product — and able to easily spot counterfeit bags.
Edward Berthelot/Getty Images

Retail, BI-freelancer, luxury-bag, louis-vuitton, counterfeits, moet-hennessy-louis-vuitton, Wealthy

Charlie Munger says he dislikes fashion stocks like Nike - but he'd buy Hermès stock if it was cheap enough

Wed, 11/01/2023 - 06:55

Warren Buffet Charlie Munger Berkshire Hathaway — Charlie Munger (right) and Warren Buffett (left).
Johannes Eisele/Getty Images

Markets, mi-exclusive, Markets, Stocks, herms, luxury-goods, luxury-retail

A big investor in a top luxury watch retailer dumped millions of shares after Rolex struck a deal to run its own stores

Wed, 08/30/2023 - 13:38

Man looking on luxury watches Rolex on his hand. — Man looking on luxury watches Rolex on his hand.
AS photo studio / Shutterstock

Markets, mi-exclusive, Markets, rolex, Retail, luxury-watch, luxury-retail

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