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Bernard Arnault weaing a suit and tie, at a microphone.
Bernard Arnault, CEO of luxury-goods conglomerate LVMH, has brought all five of his children into the business.
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Alexandre Arnault
Alexandre Arnault will serve as CEO of LVMH's Wines and Spirits division starting February 2025.
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Student-grade colored pencils and professional-grade ones vary drastically not only in their price but how they're made. A set of 120 Faber-Castell Polychromos pencils costs $350, 14 times as much as a similar box of Crayola colored pencils. And some brands price their sets at over $550.

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Limos used to be the snazzy way of moving around town, but now luxury transportation is being redefined. Here's what happened to the limo and what's replacing it.

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People sit on a bench outside a Ralph Lauren store at a busy retail shopping area on April 18, 2023 in Beijing, China
Ralph Lauren is killing it with Chinese consumers while other luxury brands struggle.
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An aerial view of the pool and beach at Rosewood's Kona Village resort.
I hope to return to Rosewood's Kona Village resort on Hawaii's Big Island soon.
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bernard arnault
LVMH CEO Bernard Arnault took a hit to his fortune as luxury stocks tanked on Tuesday.