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Financial Market News
You are at:Home»Posts Tagged "Luxury" (Page 5)

Cannabis industry targets luxury consumers in New York

By FinMar NewsSeptember 2, 2024

The Travel Agency on Fifth Avenue in New York Cityis an adult-use recreational marijuana dispensary.Courtesy: The Travel AgencyCannabis consumption has turned a corner — and now…

Beyoncé launches whiskey line with LVMH’s Moët Hennessy

By FinMar NewsAugust 20, 2024

Moët Hennessy SirDavis American Whisky.Courtesy: Moët HennessyBeyoncé is holding her whiskey up high.The megastar is entering the luxury liquor business with the launch of a new…

A 5-star luxury condo could become St. Petersburg’s tallest building

By FinMar NewsAugust 19, 2024

A luxury condominium proposed for downtown St. Petersburg could become the tallest tower on Florida’s Gulf Coast.The project is backed by local office developer Feldman Equities…

Where to stay and how to spend your money in Singapore

By FinMar NewsAugust 19, 2024

For many, Singapore — the city that inspired “Crazy Rich Asians” — is synonymous with luxury, with top-tier accommodations, high-end shopping and restaurants.But where to stay,…

Designer dupe demand soars, a sign of the economic times

By FinMar NewsAugust 14, 2024

Klaus Vedfelt | Digitalvision | Getty ImagesFrom leggings to lip gloss, there’s a dupe for almost any brand-name product.Buying a knockoff used to be a consumer’s dirty…

LVMH puts mark on Olympics as luxury brands embrace sports

By FinMar NewsAugust 11, 2024

The 2024 Paris Olympic Games medals are displayed inside a custom-designed trunk manufactured by Louis Vuitton, an LVMH brand partner of the Paris Olympic and Paralympic…

Hugo Boss shares plunge on profit warning amid slumping China demand

By FinMar NewsJuly 22, 2024

Pedestrians walk past a German luxury fashion house Hugo Boss store in Shenzhen Bao’an International Airport.Alex Tai | SOPA Images | LightRocket | Getty Images)Hugo Boss…

Why outlet malls are struggling against Amazon and Shein

By FinMar NewsJuly 18, 2024

Outlet malls have been an American staple for shoppers since the 1930s. But they’re not doing as well as they once were.Historically, outlets were attached to…

Ferrari’s success as a luxury brand comes down to five secrets

By FinMar NewsJuly 8, 2024

In the world of luxury, Hermès is arguably the gold standard.Its sales are growing double digits even as other luxury companies post declines or dramatically slower growth.…

Hudson’s Bay Company to buy luxury retailer Neiman Marcus in $2.65B US deal

By FinMar NewsJuly 5, 2024

Canadian retailer Hudson’s Bay Co. will buy luxury department store rival Neiman Marcus for $2.65 billion US, the company said Thursday.The deal was announced after months of speculation that…

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