Luxury

Rolex Seller’s US Sales Tick Up 20% Despite Tariffs
Rolex Seller’s US Sales Tick Up 20% Despite Tariffs
November 06, 2025  |  Retail

One of the world’s top Rolex sellers said tariffs have not hurt sales in the United States. Watches of Switzerland, the largest authorized seller of...

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Earnings Tariff Tally Headlined by Shein, Aston Martin, Levi Strauss and More
Earnings Tariff Tally Headlined by Shein, Aston Martin, Levi Strauss and More
October 15, 2025  |  Earnings

The tit-for-tat of global tariffs is back on. That reality is shifting profits around and increasingly off companies’ balance sheets. The trade spat with China...

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Mandarin Oriental Grand Cayman Tests Bitcoin as Payment for Multimillion-Dollar Homes
Mandarin Oriental Grand Cayman Tests Bitcoin as Payment for Multimillion-Dollar Homes
September 30, 2025  |  Cryptocurrency

User choice is the dominant behavior when it comes to retail payments. For much of cryptocurrency’s history, users haven’t chosen it at checkout. However, that...

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Visa Debuts Visa Private for Wealthier Cardholders in UAE
Visa Debuts Visa Private for Wealthier Cardholders in UAE
September 15, 2025  |  Travel Payments

Visa has introduced Visa Private, an offering designed for wealthier cardholders. Rolling out in the United Arab Emirates (UAE) before a wider launch in the...

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Ralph Lauren Begins Rollout of AI-Powered Conversational Shopping Experience
Ralph Lauren Begins Rollout of AI-Powered Conversational Shopping Experience
September 09, 2025  |  Artificial Intelligence

Luxury lifestyle company Ralph Lauren is rolling out an artificial intelligence-powered conversational shopping experience that is designed to serve as a stylist. Dubbed “Ask Ralph,”...

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Tariffs Boost Number of Americans Buying Luxury Goods in Europe
Tariffs Boost Number of Americans Buying Luxury Goods in Europe
August 27, 2025  |  Travel Payments

Tariffs have reportedly led to an increase in the number of wealthy Americans traveling to Europe to buy luxury goods. Some consumers make these trips to...

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Visa Data Shows Affluent Travelers Propel Global Tourism Spending
Visa Data Shows Affluent Travelers Propel Global Tourism Spending
August 06, 2025  |  Travel Payments

Affluent travelers, not middle-class vacationers, appear poised to keep the world’s tourism engine humming even as the broader economy cools. Visa’s July “Global Travel Insight”...

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Luxury Brands Pinched as Tourism Declines in Europe
Luxury Brands Pinched as Tourism Declines in Europe
August 04, 2025  |  Retail

Tariffs and a decline in tourism in Japan and Europe are reportedly hurting the luxury sector. That’s according to a report late Sunday (Aug. 3) by the...

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LVMH Seeks $1 Billion Sale of Fashion Brand Marc Jacobs
LVMH Seeks $1 Billion Sale of Fashion Brand Marc Jacobs
July 25, 2025  |  Retail

Luxury conglomerate LVMH is reportedly looking to sell fashion brand Marc Jacobs for about $1 billion. LVMH is discussing deals with multiple parties and could reach a deal soon,...

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