Guiony said the deal reflected LVMH's belief that "the future of luxury is in luxury goods and in luxury experiences".
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LONDON (Reuters) - Shares in luxury automaker Aston Martin (AML.
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LONDON (Reuters) - Shares in luxury carmaker Aston Martin (AML.
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PARIS (Reuters) - Shares in luxury goods group Kering (PRTP.
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The Uber Black service provides professional drivers in luxury sedans.
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But fall 2017 was a simpler time in luxury sneakers.
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Then there's Roar Africa, a specialist in luxury Africa vacations.
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FRHI Improves Business Model The acquisition of FRHI, completed in July 2016, gives AccorHotels a leading position in luxury hotels, including expertise in luxury hotel management and a substantial presence in the North American market.
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The Solarin range has an additional focus in luxury design, however.
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Agencies have begun seeing increased interest in luxury properties, agents said.
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A lot has to do with international interest in luxury properties.
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For that price, you should expect to be bathed in luxury.
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He lived in luxury -- prostitutes, movie nights, gourmet meals and parties.
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There may be several reasons for the surge in luxury demand.
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PARIS (Reuters) - A jump in luxury cosmetic sales at L'Oreal (OREP.
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Mr. Trump likes to live in luxury; so does Mr. Miller.
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They are increasingly investing in luxury travel, wellness and fitness experiences.
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Republicans will have a hard time ignoring $400,000 in luxury travel.
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If I'm going to go, I want to go in luxury.
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Brand revival and category expansion remain the bright spots in luxury strategies.
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It's unadulterated mediocrity from a company that excels in luxury and ingenuity.
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Preston Bailey is one of the biggest names in luxury wedding design.
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Users will be able to catch rides in luxury sedans and SUVs.
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Tesla was ranked fourth in luxury car sales during the same quarter.
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Liberman is a transactional attorney who specializes in luxury asset investment funds.
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RT: Collectively, we have over 50 years of experience in luxury skincare.
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BTW, Tyga's still rolling in luxury ... behind the wheel of a Lambo.
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Michelin-starred restaurants, particularly those in luxury hotels, are suffering the most.
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BMW is a German company that specializes in luxury automobiles and motorcycles.
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"China is key, hence the understandable volatility [in luxury stocks]," said Cereda.
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There are people who want to go to Antarctica in luxury style.
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It's a snobbery and an interest in luxury above all else, right?
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Here's how the big names in luxury can connect with Gen Z.
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North Beach, while not lacking in luxury, is more understated and serene.
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They portray a glamorous lifestyle lived in luxury alongside her boyfriend Dylan Shaw.
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There's no more formality in luxury and hotels need to understand our guests.
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Nearly every inch of the intensely elegant property is a study in luxury.
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The press has recently howled at pictures of inmates apparently living in luxury.
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Truly living in luxury means never having to unbutton your jeans after dinner.
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Its members indulged in luxury vacations in places like Monte Carlo and Bali.
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He travels entirely in luxury, for about 249 percent of the sticker price.
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North Korean elites live in luxury as the regular people around them starve.
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Even if I were rich I don't think I would live in luxury.
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Some fleets, for example, offer sustainable cabs while others specialize in luxury cars.
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The amenities that have proliferated in luxury buildings don't always get much traffic.
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Today, his eponymous brand specializes in luxury footwear, leather goods, apparel, and more.
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She had draped herself in luxury accessories, which she listed aloud: Cartier. Bulgari.
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Rehabs have realized the money's in luxury, celebs and ultra-high net worth.
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"There's a huge overlap in luxury cannabis and the wellness movement," Campbell said.
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Freya is an under-the-radar accessories label that specializes in luxury hatboxes.
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Most of my classmates arrived at school in luxury S.U.V.s, Mercedeses and BMWs.
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The prosecutor added that much of the money ended up in luxury purchases.
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What it lacks in luxury, Sensible Days more than makes up for in spirit.
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In luxury fashion, rich millennials are reinventing the meaning of expensive sneakers and streetwear.
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When we grew up, he was not in luxury, he was in real estate.
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The "Mad Money" host breaks down how performances in luxury brands reflect consumer strength.
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Fraud attacks declined in luxury goods by 32 percent in 2017, the report says.
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What is it like working in luxury apartment buildings and condos around the US?
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And Land Rover, which specializes in luxury S.U.V.s, had a rise of 15.4 percent.
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What happens next in the world changes what needs to come next in luxury.
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Many of the former officials live overseas in luxury, with new names and citizenship.
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General Lyautey's immense power allowed Wharton to travel in luxury and without much fear.
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He had been raised in luxury, she said, sent to private schools and college.
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Members of the association who accepted stayed in luxury hotels like the Four Seasons.
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"I'd rather her ride it out in luxury over at the BoardWalk," he said.
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The supermodel is also suspected of living in luxury apartments registered in her family's name.
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Airbnb does a booming trade in luxury apartments in London, Hong Kong and the Caribbean.
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We can thank Brittany Murphy for teaching us that Egyptian cotton is ultimate in luxury.
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If hair is our crowning glory, we should coat it in luxury, royalty-worthy products.
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A lot of features start off in luxury cars and gradually make their way downmarket.
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Welcome to This Month in Luxury, presented by Micah Singleton, The Verge's resident Luxury Director.
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And it looks like baby Kulture might share her mom's taste in luxury rides, too!
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"Growth in luxury (cosmetics) was fantastic," analysts at Bernstein said in a note on L'Oreal.
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This is especially pertinent as jewelry is one of the fastest-growing sectors in luxury.
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An icy blonde and decked out in luxury coats, Tina Snow is hard to miss.
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So far, Tesla has made its reputation selling exquisitely engineered electric vehicles in luxury market.
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Streetlights barely worked in Bata, my hometown, but Mr. Obiang drove around in luxury cars.
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It's just one more reminder that you're living in luxury and everyone else is dead.
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Sustainability and preserving the local environment might be the next big thing in luxury travel.
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In later years, they began to inch back up in luxury buildings, to nine feet.
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Noise-canceling systems are already fair common in luxury cars (as well as in headphones).
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All-suite accommodations are steeped in luxury, and every room comes with a dedicated butler.
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Except some of them cruise around in luxury tanks that cost half a million dollars.
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But it is weak in luxury cars, a market dominated by Audi, BMW and Mercedes.
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Traveling in luxury Even in the swankiest business class situation, cabin fever can set in.
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European shares steadied after early declines, as technology shares helped offset losses in luxury goods.
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Along with drops in luxury shares LVMH, Kering and Hermes, the Paris index slid 1%.
|
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Stall showers are a regular feature in luxury buildings, often standing apart from the tub.
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N, which swooped on Italy's Versace, are also trying to gain a foothold in luxury.
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That company's near-monopoly in luxury electrics in the United States is about to change.
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Investing in luxury condos is not the same thing as investing in people and families.
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The moon is in luxury-loving Taurus, lighting up the financial sector of your chart.
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Given the Chinese market's ravenous interest in luxury brands, Tesla's expansion may find an eager audience.
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As Bouguereau was plying his trade in luxury wares, an experimental tirade of art movements unfurled.
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Its car audio systems have been factory-installed in luxury brands such as Maserati and Maybach.
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One-bedroom apartments in luxury residential buildings nearby are going for at least $5,000 per month.
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But Miller said the regulations may "overdramatize" the amount of criminal buying in luxury real estate.
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Krueger's tenure has seen the company lose its global lead in luxury sales to rival Mercedes.
|
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Overall, the UBS report showed that, Europe has outperformed most of Asia in luxury sector shopping.
|
|
And, in October, LVMH offered to buy Tiffany in an attempt to expand in luxury jewelry.
|
|
While walkability isn't a new concept in luxury real-estate, millennial millionaires are redefining its importance.
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Now the boxcar children stay in luxury hotels to solve The Mystery of the Purple Pool.
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Too much wallowing in luxury made him want to be back home in his monkish apartment.
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N). "Growth in luxury (cosmetics) was fantastic," analysts at Bernstein said in a note on L'Oreal.
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Living in luxury, Mr. Escobar ran his drug business from the jail but escaped months later.
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The recovery in luxury spending was also partly driven by consumers bringing back some overseas spending.
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They keep enough of their profits to live in luxury, wield influence and acquire social status.
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Compared with a V-6, inline sixes are often preferred in luxury applications because of their smoothness.
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|
Earnings continued to be a key market-mover on Friday with performance in luxury weighing on sentiment.
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Trends, features, and styles are introduced in luxury cars that eventually make it into mass-market brands.
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It was a refreshing change of pace, and it makes sense for a week rooted in luxury.
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They were housed not in luxury villas, but in tents left over from a hurricane-relief scheme.
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Get ready to game in luxury and style — and never lose your dice under the couch again.
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The Warriors also reportedly would face an additional $11.3 million in luxury tax should they retain McCaw.
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The Syrian opposition leaders became a bit of a five-star farce, lounging around in luxury hotels.
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Trump has become hugely successful building a worldwide brand synonymous with the very best in luxury living.
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Veronica's husband Harry (Liam Neeson) had been a master thief, enabling the couple to live in luxury.
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He foots the bills, booking guests in luxury hotels and sometimes ferrying them on his private jet.
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Our biosphere is being sacrificed so that rich people in countries like mine can live in luxury.
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And Colombian traffickers were reportedly able to live in luxury around the capital, Bissau, with virtual impunity.
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"Owning this watch will be a complete experience in luxury from start to finish," Mr. Rosillo said.
|
|
And its rise follows a dramatic increase in global wealth and a corresponding increase in luxury spending.
|
|
With sportswear currently the fastest-growing category in luxury, its motivations for the style are crystal clear.
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|
Staff members, it said, routinely broke internal rules against flying business class and staying in luxury hotels.
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Many attendees are ferried from event to event in luxury cars, which clog up the small town.
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The brothers have developed and invested in luxury condos and houses in their home state of Florida.
|
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The city has seen a spike in wealth, and with it, a demand in luxury real estate.
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She has a bachelor degree in Banking and International Finance as well as Masters in Luxury Brand Management.
|
|
"A great concept store feels like a destination and a vacation from reality, especially in luxury," she said.
|
|
In case you're unfamiliar with brand, Cosabella dapples in luxury lingerie quality without the high-end price tag.
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Other members of the North Korean delegation, such as the cheer squad, will be housed in luxury hotels.
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It is not unusual for U.S. presidential candidates to fly private or even sometimes stay in luxury hotels.
|
|
Just wait Bozzuto admits he is concerned that so much of the new development is in luxury projects.
|
|
At the top levels, the leaders live in luxury, surrounded by servants, Persian carpets, antique furniture, and limousines.
|
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The phone might stop ringing from powerful pals, but they would still live out their days in luxury.
|
|
Michelin is recognizing this shift in luxury dining, where the experience is becoming less fancy and more fun.
|
|
Friday's employment beat could boost the market even more, adding fuel to the recovery in luxury home prices.
|
|
"Experiencing a renaissance in luxury travel, Colombia's breathtaking jungle landscapes and colonial cities deserve more recognition," Barber said.
|
|
Under his son's direction, the company continued to acquire brands, with a special interest in luxury fashion houses ...
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|
I work in luxury travel — and yet I don't hire anyone with a travel background to work here.
|
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Mr. Rivas imported more than $400,000 in luxury vehicles in 2009 alone, the opposition newspaper La Prensa said.
|
|
While their countrymen starved, the ruling couple lived in luxury in a compound with an indoor swimming pool.
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|
"Qatar's investments — especially in luxury, sports and the arts — aren't just about prestige and profits," Mr. Cafiero said.
|
|
He aims to help sell more than $1 billion in luxury residential units being built with local partners.
|
|
He traveled all over the world, staying in the most expensive hotels and spending lavishly in luxury stores.
|
|
Obviously, the ultra-wealthy can afford the latest in luxury vehicles, but instead, they opt for the economical.
|
|
The man behind the largest-ever deal in luxury: Bernard Arnault, founder, chairman and largest shareholder of LVMH.
|
|
The Playboy Bunny Ranch became famous as the place where Hugh Hefner's favorite cotton-tailed ladies lived in luxury.
|
|
Najib's family homes have been searched in full public glare, with police seizing millions of dollars in luxury items.
|
|
Both ride-sharing services offer pick-ups in luxury cars (that aren't necessarily painted black) for a higher fee.
|
|
Bailey balanced the role of chief creative officer and CEO for two years amid a slump in luxury retail.
|
|
While global adoption of electric vehicles has been slow, Tesla has been the U.S. pioneer in luxury electric cars.
|
|
That's not exactly what you said last season, when you were maxin' and relaxin' in luxury at La Catedral.
|
|
Meanwhile Clams lives in luxury and sips coffee in an expensive-ass house, and Keyboard Kid ruminates in nature.
|
|
The firm is also in exclusive talks to take a majority stake in luxury Italian lingerie group La Perla.
|
|
It was a rude awakening for a 73-year-old multimillionaire, accustomed as he was to living in luxury.
|
|
The deal will save the Cavaliers approximately $3 million in luxury tax payments and open up a roster spot.
|
|
When in Ottawa, he would ride around in luxury rental cars, such as Audis and Range Rovers, they said.
|
|
Young, petite and in her early 153s, she often stayed in luxury hotels and spent money with reckless abandon.
|
|
Mr. Parekh said that, as a rough estimate, 30 to 50 percent of homeowners in luxury developments are Dominican.
|
|
Fort Lauderdale, Florida, also saw big gains in luxury prices, (+28.7 percent) as did St. Petersburg, Florida, (+19.6 percent).
|
|
Passengers who book the Presidential Suite, the most luxurious cabin onboard the Eastern & Oriental Express, can lounge in luxury.
|
|
He dresses in luxury labels, primarily Italian, and rarely repeats an outfit, faithfully keeping track of what he wears.
|
|
The protests appear to be pushing wealthy Hong Kong residents to invest their money in luxury real estate overseas.
|
|
Some real-estate agents in luxury markets find that millennial millionaires aren't into fixer-uppers, according to the report.
|
|
So he likely considers it entirely proper to travel in luxury as long as he obtains the proper waiver.
|
|
Foreign news channels are only available in luxury hotels and a handful of high-end apartment complexes in China.
|
|
In luxury developments, which typically have fewer owners, special assessments for a big project can top $100,000 per home.
|
|
Narine, 36, is a creative director at RODE, a branding agency in Manhattan that specializes in luxury real estate.
|
|
And it solidifies the reputation of Mr. Arnault, 70, as the most aggressive, and acquisitive deal-maker in luxury.
|
|
Police soon raided their properties and seized millions of dollars in luxury goods allegedly linked to the 1MDB funds.
|
|
Although the car is dressed in luxury livery, even inexperienced drivers will sense the sports car in its bones.
|
|
Lawson, 30, is a senior manager in Manhattan, specializing in luxury retail and beauty client management for American Express.
|
|
Roosevelt delivered speeches to ordinary Americans from the train, which was also fitted out in luxury for VIP guests.
|
|
"I'd rather her ride it out in luxury over at the BoardWalk," he said, referring to the Disney resort.
|
|
Like other upmarket fashion retailers, Hugo Boss has been hit by a slowdown in luxury spending, particularly in China.
|
|
If you're looking for a bargain in luxury real estate, check out Sao Paulo or Cape Town, South Africa.
|
|
In luxury, Luxottica rose over 5 percent after the European Commission approved its 48 billion euro merger with Essilor.
|
|
Some of them might even end up in luxury condominiums, if they manage to do well during the bidding process.
|
|
Pruitt regularly flew first class and stayed in luxury hotels on the taxpayer's dime, prompting investigations into his travel spending.
|
|
Mr. Satsky and Mr. Gefter are confident that their background in luxury will serve them well, even with music snobs.
|
|
While these are all cases of affordable fashion brands doing the copying, this is also a practice in luxury fashion.
|
|
New technology to match drivers and riders, and higher-priced rides in luxury vehicles were helping boost margins, it said.
|
|
The kiddo has finally found a productive groove for his ambitious yet impatient temperament: a career in luxury real estate.
|
|
Raised in luxury, these "narco juniors" have turned Sinaloa's capital, Culiacán, into a racing circuit for their high-performance cars.
|
|
It is now a leading economy, does the most trade in luxury goods and is the biggest e-commerce market.
|
|
Ford's lineup strength is with trucks and SUVs, but it's struggling in luxury cars and is walking way from sedans.
|
|
Russians have been subjected to many reports about Kremlin corruption and know full well that their leader lives in luxury.
|
|
"We must sharpen our brand position, we must move up to plant ourselves firmly in luxury," he said on Thursday.
|
|
Comstock, 26, is an account manager at Project MM, a public relations agency in Brooklyn specializing in luxury beauty brands.
|
|
British billionaire Mike Ashley acquired a 12.5% stake in luxury leather goods brand Mulberry through his retail company, Frasers Group.
|
|
He had a new job at a company called Blueground, which offers flexible leases of furnished apartments in luxury buildings.
|
|
Overall, though, many players in luxury fashion are still struggling to find their footing when it comes to youth appeal.
|
|
That approach is not atypical in luxury, an industry focused on attracting women (80 percent of Kering's consumers are women).
|
|
A field guide to the man behind LVMH, who just engineered the biggest deal in luxury — and isn't done yet.
|
|
Tenants in luxury buildings are often renting a second or third home or perhaps downsizing from a larger suburban home.
|
|
The country's talent for precision engineering means that for decades it has had an edge in luxury cars, chemicals and machinery.
|
|
Seeing as Versace is one of about three of the most important names in luxury fashion, our eyes are staying peeled.
|
|
Tiffany's ad also comes amid a slowdown in luxury spending, and a precipitous dropoff in sales at Tiffany's Fifth Avenue flagship.
|
|
Divided by a river, the technologists live in luxury, with their drinks, dinners, clubs, comfortable homes, regular pay checks — and power.
|
|
If you're just sitting around in luxury accommodation with all the comforts of home, it's like doing yoga with a spotter.
|
|
The World Series champion Boston Red Sox owe nearly $12 million in luxury tax for having baseball's biggest payroll in 2018.
|
|
The Thunder are making a major commitment with the deal, incurring $27 million in luxury tax for the 743-18 season.
|
|
In luxury real estate, few brands compete with Trump It turns out all Donald J. Trump properties are not the same.
|
|
For example, the 50-year-old's children fly coach while Mom and Dad enjoy the the perks of traveling in luxury.
|
|
But sales at Nissan's luxury Infiniti brand fell 8.1 percent, driven largely by a 16.2 percent drop in luxury sedan sales.
|
|
The review, included in Luxury Travel Magazine's yearly rankings published on Tuesday, attempts to push luxury travelers away from the hotel.
|
|
Many are in luxury high-rises that attract young professionals like Elisabeth Conroy, 30, an arts lawyer who works in Manhattan.
|
|
While there has been a building boom in luxury rental housing, that has not been the case with affordable rental development.
|
|
In terms of exits, over the last 18 months, the firm has most recently sold stakes in luxury fashion retailer MatchesFashion.
|
|
The deal will give LVMH a much bigger presence in luxury hotels, but its shareholders gave the deal a cautious welcome.
|
|
"That validated us because people thought we were nuts trying to be in luxury hotels at that time," Mr. Weprin said.
|
|
Here is a list of some of the most notable names and brands in luxury who have donated to the cause.
|
|
Its founder has a background in luxury brands, and Kisawa has all the food, wellness, and adventure services visitors could want.
|
|
The bathroom was opulent and stocked with, an essential for me in luxury hotels, a pair of plush white cotton robes.
|
|
She is well known in Malaysia for her interest in luxury goods, including diamonds and a collection of Hermès Birkin handbags.
|
|
And it solidifies the reputation of Bernard Arnault, who controls LVMH, as the most aggressive and acquisitive deal-maker in luxury.
|
|
"The Trump rally in the stock market did little to move prices in luxury real estate," Redfin's chief economist Nela Richardson said.
|
|
Early HUDs were in luxury cars like Audis, BMWs, and Cadillacs, but the systems are finding their way into less expensive cars.
|
|
In luxury goods, for example, French conglomerates with deep pockets, notably LVMH and Kering, have been acquiring smaller Italian rivals for years.
|
|
But the real estate firms dealing in luxury Bosporus homes say the rumors of a rush of Arab buyers are media hype.
|
|
The global economic chill may have helped cool the runaway growth in luxury brands as consumers start to think twice before splurging.
|
|
For example, some systems, primarily found in luxury cars like Teslas, can slow or stop cars when drivers are not paying attention.
|
|
Gucci took the top spot on a list of the most searched brands in luxury resale released this week by The RealReal.
|
|
Of course, the higher end of that range can go way up if you opt to live the tiny life in luxury.
|
|
The protests also appear to be pushing wealthy Hong Kong residents to invest their money in luxury markets overseas, according to Reuters.
|
|
Part of the reason for the increase, which has also been seen in luxury rentals, he said, is Columbia's new Manhattanville campus.
|
|
The attending physicians who supervised us, it seemed, built their patient panels handing out business cards in luxury suites at Patriots games.
|
|
Shares in luxury goods companies have taken a hit on concerns about lower sales during what is usually a busy shopping season.
|
|
"There's definitely more negotiating going on," said Kathryn A. Korte, the chief executive of Sotheby's International Realty, which specializes in luxury properties.
|
|
Spanish media reports say the assailants restrained staff members with rope and stole a variety of items before fleeing in luxury vehicles.
|
|
In short, it's because the digital startup is making its name in luxury basics without the markups of a brick-and-mortar.
|
|
Despite the boom in luxury hotel projects in Tokyo in preparation for the games, many high-end hotels are already fully booked.
|
|
Entertaining in luxury boxes or handing out gift cards to designer stores without such an explicit connection would thus be considered legal.
|
|
The Moon is in luxury loving Libra today, Virgo, illuminating the sector of your chart that rules cash, self worth and security.
|
|
Equities in Europe were lower, as declines in luxury fashion brand Burberry and educational publishing company Pearson weighed, following sales and earnings updates.
|
|
High-end watches are feeling the heat not only from a pullback in luxury spending, but also from the encroachment of smart technology.
|
|
Equities in Europe closed lower, as declines in luxury fashion brand Burberry and educational publishing company Pearson weighed, following sales and earnings updates.
|
|
The advantages of being a conglomerate in luxury include having more muscle to secure brands favoured spots and lower rents inside shopping malls.
|
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Besides FCA, Exor's assets include controlling stakes in luxury carmaker Ferrari, industrial vehicle manufacturer CNH Industrial and Italian Serie A soccer team Juventus.
|
|
In the U.K., Spencer completed her Master&aposs in luxury brand management at Regents University and undertook a consultancy at The Financial Times.
|
|
But for those who prefer to travel in luxury, East Japan Railway Company's Train Suite Shiki-Shima provides a far more upscale experience.
|
|
Thanks to my credit card points, I can travel more frequently and stay in luxury hotels I wouldn't normally be able to afford.
|
|
Living in luxury can be costly but, depending on what city you call home, it could be more affordable than you might think.
|
|
And it could be especially helpful for foreign buyers, who are more likely to invest in luxury properties without stepping foot in them.
|
|
Still, many Venetians believe the $11 tax at peak season will help streamline tourists interested in luxury vacation rentals and expensive gift shops.
|
|
They don't know much about the rest of the train, only that the highest class of people live in luxury at the front.
|
|
Thus began my deep dive into the City of Light's lively dépôt-vente scene: upscale thrift shops that traffic specifically in luxury goods.
|
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Peach, which markets itself with millennial pink packaging and a Glossier-esque website, promises to be the ultimate in luxury for your hole.
|
|
He fished his mother's American Express details out of her email and bought laptops, a plane ticket to Paris, rooms in luxury hotels.
|
|
The pick-up in luxury spending could provide some relief, particularly for mid-to-high end retailers, such as Golden Eagle and Hengdeli.
|
|
For example, participants cited relatively new companies, like Shinola, which specializes in luxury goods and has been credited for the city's economic revival.
|
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Mr Zetsche steered the Mercedes brand as it overtook BMW in luxury-car sales; he will become chairman of the supervisory board in 2021.
|
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"I don't work out much," Anderson, who stars in luxury lingerie brand Coco de Mer's new line, which she helped to design, tells PEOPLE.
|
|
In Brazil, pensions are perceived as hollow promises for the many, while the few retire in luxury at 22019 years of age or younger.
|
|
Chinese customs data showed that North Korea imported $2.09 billion in luxury goods between 2012 and 2014, including Mercedes Benz cars and luxury yachts.
|
|
"He's in a league of his own," laughs the co-founder of Bespoke Real Estate, which deals in luxury properties primarily in the Hamptons.
|
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"The ideal candidate will have experience visiting or staying in luxury properties and will be able to demonstrate their ability to write compelling reviews."
|
|
Last week police said they had seized $225 million in luxury handbags, jewelry, cash and goods from six properties linked to the former leader.
|
|
"Marco brings incredible experience and skills in luxury and retail with him that will be invaluable to us," Mr. Bailey said in the statement.
|
|
Still, I felt that Chanel would be an escape route, an opportunity to explore wider avenues in luxury that included fashion, perfumes and beauty.
|
|
In July police said they had seized $225 million in luxury handbags, jewelry, cash and goods from six properties linked to the former leader.
|
|
The pair — currently biding their time in luxury digs at the Willard InterContinental Hotel in Washington ahead of their appearance at 1600 Pennsylvania Ave.
|
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No matter what mattress you choose, with this DHP Dakota Faux Leather Tufted Upholstered Platform Bed it will feel like you're laying in luxury.
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But while many brands will also get you to your destination in luxury, few will glide you there as if you were the queen.
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Destination clubs are more like country club memberships, in which people pay an initiation fee for access to rent and stay in luxury homes.
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I've stayed in and reviewed most of the hotels in New Orleans, so a boast of a 'new concept in luxury' had me skeptical.
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The idea being, apparently, that someone with experience in selling such commoditized pleasures could not possibly understand the mysteries and creativity involved in luxury.
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They invite us to consider how much violence is embedded in luxury and status, even as the death toll mounts, implacably, out of view.
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He joyfully shares his bed with Sarah and showers her in luxury; he also subjects her to the scrutiny of fellow physicians in Paris.
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Keep in mind that the greatest variety of settings choices are found in luxury and sport models at the top of the price ladder.
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Cutting off North Korea would slow the nuclear and missile programs, and a reduction in luxury imports would put pressure on the regime elite.
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The crackdown on luxury gifting spurred by the Chinese government's anti-corruption campaign, which began in 2012, put a dent in luxury watch sales.
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"While M&A, is not often seen positively by equity markets in luxury, we believe that for Coach it is different," the analysts wrote.
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Why did Prince Andrew remember that particular night so clearly, when he had a hazy memory of so many nights in luxury with Epstein?
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Eye of the beholder: LVMH said on Monday that it would buy the jeweler Tiffany for $16.2 billion, the biggest-ever deal in luxury.
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The starving McCourt family is frequently turned away by the Jesuits, who live in luxury and comfort despite their ostensible spiritual glorification of poverty.
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Menendez received trips on private jets, stays in luxury hotels and campaign donations from Melgen in exchange for the political favors, according to prosecutors.
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As Michael Kors looks to gain a leg up in luxury retail, the backdrop for companies operating in the sector today is quickly evolving.
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It's the biggest-ever deal in luxury goods and makes LVMH's chairman, Bernard Arnault, the third-richest man in the world, according to Bloomberg.
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It bought a minority stake in luxury Swiss watchmaker Montres Journe SA for an undisclosed sum, adding to investments in Bell & Ross and Romain Gautier.
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Stronger Position in Luxury Segment: We consider Accor's strategy of moving more upmarket will make its business model more competitive relative to disruptive hospitality operators.
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If he had waited another decade or two he could have enjoyed one of his Euthanasia Cruises, which offered the chance to expire in luxury.
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These young professionals buy condominiums in luxury high-rises such as Echo Brickell, according to Elmir, where a four-bedroom penthouse is asking $37 million.
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They ban trade in luxury items and call for (potentially time-consuming and costly) inspections of cargo going into, and coming out of, North Korea.
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According to ESPN's Bobby Marks, the total payroll for the 2019-20 season could exceed $375 million, including more than $200 million in luxury taxes.
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He is driven around town in luxury S.U.V.s, dines at upscale restaurants, smokes fine cigars and wears expensive tailored suits, often with a pocket square.
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Donald J. Trump is promising to chauffeur us in luxury to a simpler, whiter time — one focus group recently compared Mr. Trump to a Porsche.
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In corporate news, Accor Hotels announced it is buying a 50 percent stake in Mantis Group, expanding its presence in Africa and in luxury travel.
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On Governors Island in New York City, people pay up to $700 a night to sleep in luxury tents with a view of the city.
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All of this has made Khaled an aspirational ideal, a benevolent yang to Donald Trump's bullshit yin, a force for good draped in luxury robes.
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JAB has been scaling back its holdings in luxury fashion brands, such as the shoe company Jimmy Choo, as it charges into the breakfast industry.
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It now offers child care and family counseling, continuing education benefits, improved base housing, and fitness centers that can rival those in luxury condo complexes.
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"It's a game changer for us in luxury," David Lauren, the company's executive vice president for advertising, marketing and corporate communications, said at the time.
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"Wealthy travelers today are very much interested in luxury home rentals, but there is not enough product out there to meet their demand," she said.
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These "famils" (public relations slang for free media trips) include high-end restaurant meals, helicopter rides and stays in luxury hotels all over the country.
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With the exception of one fledgling foster kitten, the models were all perfectly trained professionals, having starred in luxury fashion campaigns and high-profile commercials.
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The Chinese consumers' expensive taste is driving growth of the luxury market and fueling a boom in luxury five-star hotels in cities across China.
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The alleged assailants then restrained staff members with rope and stole a variety of items before fleeing in luxury vehicles, according to Spanish media reports.
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Separately, buyers from Russia and the Middle East are snapping up properties in luxury hotbeds such as Columbus Circle and Central Park West, Armstrong added.
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Mars still rides in luxury Cadillac cars to keep up what he calls his "top floor" brand — he just hails those rides using the Uber app.
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"My British clients crave naan," said Zareen Kahai, who runs Myztic Travels and specializes in luxury travel within India, referring to a type of Indian bread.
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Shares in luxury brand Burberry posted the second worst performance, losing 6.8 percent after reporting a 2 percent drop in retail revenue for the Christmas quarter.
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The three cities that saw the biggest spikes in luxury real estate prices last year had one thing in common: They were all located in China.
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I was working in marketing, in fragrance marketing, sort of the top thing you can dream of if you want to work in luxury or fashion.
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According to the World Health Organization, at least 2 billion people drink water from poop-contaminated sources, and they definitely can't afford to poop in luxury.
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We've heard from a source that the new options may be... Welcome to This Month in Luxury, presented by Micah Singleton, The Verge's resident Luxury Director.
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The S-Class brochure for the more than $200,000 car boasts extreme luxury for its drivers and passengers, with an excellence-pioneering goal in luxury design.
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Rising numbers of female millionaires and billionaires around the world may help drive a rise in luxury health and wellness holidays and women-only hotel services.
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Beijing-based Anbang has been investing in luxury U.S. hotel properties, including its acquisition of the Waldorf Astoria in New York last year for $1.95 billion.
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The company's high profile dovetails with the increasing popularity in luxury online shopping and benefits from a consumer who is more willing to buy secondhand merchandise.
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The company's high profile dovetails with the increasing popularity in luxury online shopping and benefits from a consumer who is more willing to buy secondhand merchandise.
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People can be rewarded or punished based on their social scores, and can be banned from activities like taking trains, flying, or staying in luxury hotels.
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Pruitt & family apparently [received] tens of thousands of dollars in luxury housing benefits from wife of lobbyist w/interests [before] EPA— spouses are also prohibited sources.
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During his travels, he stays in luxury, like in this posh place on Central Park West in New York City while doing press for "Central Intelligence."
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Mercury is the planet of information and communication, so—while it's in luxury-loving Taurus—you can bet on conversations about worth, value, stuff, and security.
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"The promotional activity in luxury was exceptionally intense in the second quarter and a notable change from the first quarter," Chief Executive Officer Helena Foulkes said.
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We live in a society that has treated women as disposable playmates for far longer than Mr. Weinstein has been meeting ingénues in luxury hotel rooms.
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Should they have to pay millions of dollars more for security so the president can work in luxury clubs and golf courses that his business owns?
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The players set out the sainted tune in folklike fashion, steep it in luxury in a first variation, then put it through any number of paces.
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Globally, the growth in luxury house prices was flat last year in many cities, but some European capitals are benefiting from Britain&aposs Brexit self-sabotage.
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In my experience, even the modified functions of the Apple and Google systems are far superior to any automaker's system I've used, even in luxury cars.
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Chinese shoppers have spearheaded a broader rebound in luxury goods sales from handbags to shoes, sparking upbeat outlooks from top industry players such as France's LVMH (LVMH.PA).
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Bhaskar Laxminarayan, Julius Baer's Asia chief investment officer and head of investment management, said that China's slowing economy is unlikely to cause a slowdown in luxury spending.
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The consulting and market research firm noted continued strength in luxury sales in Canada, with Land Rover, Infiniti, Mercedes Benz and Porsche all posting double-digit growth.
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She published books on "how to marry a millionaire" and turned her own life into a reality show called "A Blonde in Chocolate" (ie, living in luxury).
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The Verge found a single scammer who stole at least $125,000 in luxury goods using that technique, operating for years with no apparent interference from law enforcement.
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But aside from those who are far away from the source in luxury boxes, this is the chunk of the audience who requires this technology the least.
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We briefly entertained the idea that this may be a better luxury vehicle than the Mercedes S-Class, the perenial industry leader in luxury and feature content.
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Also weighing on Hong Kong's economy is a curtailment in luxury spending by the Chinese visitors due to an ongoing austerity drive and corruption crackdown back home.
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But, in my experience, even the modified functions of the Apple and Google systems are far superior to any automaker's system I've used, even in luxury cars.
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That is technology found only in luxury cars 10 years ago, when Elantra's auto-opening trunk and available Android Auto and Apple CarPlay did not even exist.
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But they're not for everyone, said Lauren Grech, cofounder and CEO of LLG Events, an international event management and design firm that specializes in luxury destination weddings.
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While it's an unfortunately common retail practice to destroy excess or unwanted inventory or returned items — particularly in luxury apparel — at Amazon's scale, the issue is compounded.
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The prospect of a July 1 tax hike prompted a boom in luxury condo sales in New York City in June 2019, The Wall Street Journal reported.
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Brokers from Sotheby's International Realty worked the hallway outside the conference room, trying to drum up interest in luxury waterfront homes in the nearby community of Dorado.
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Kumamoto also makes a statement by going to work using Guadalajara's public bikes-sharing scheme, while most of his peers travel in luxury SUV's, often with chauffeurs.
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In this beguilingly written and illustrated tale, Monty is a scraggly black-and-white street creature who stumbles upon some poodles living in luxury at Poodle Mansions.
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We followed up nonresponders, often in luxury apartment complexes, and soon realized that many people we suspected were very wealthy simply refused to submit their census forms.
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LVMH ordered 40 million face masks from China for France — here's how some of the biggest names in luxury fashion are funding the fight against the pandemic
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Cindy Chao, jewelry designer, Hong Kong Experience alone will not be enough in luxury — it's fleeting, an overused word, and everything can be seen as an experience.
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Brick and Nouchi, who initially met as colleagues at Louis Vuitton, launched their brand after years of witnessing unethical manufacturing practices during their careers in luxury fashion.
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The Texans decamped to this picturesque cranny of southeastern West Virginia, chiseled into the lush Allegheny Mountains, not to lavish players in luxury but to promote productivity.
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Since he left the country last May, Mr. Katumbi has been living in exile in Brussels, between vacations in Athens and stays in luxury hotels in London.
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The positive share price reactions were most obvious in luxury and industrials, two sectors where angst about a slowdown in China had significantly dented expectations and valuations.
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As a result, brands have seen a shift in luxury shopping habits, with more and more Chinese consumers now choosing to buy at home rather than abroad.
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But in my experience, even the modified functions of the Apple and Google systems are far superior to any automaker's system I've used, even in luxury cars.
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NFL teams reportedly use "alternate cheerleaders" to mingle with fans in the seats or in luxury boxes while the actual performers are on the field during game days.
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Instagram likes are now a serious metric for investors in luxury brands including Burberry, Kering-owned Gucci and Saint Laurent and LVMH labels including Dior and Louis Vuitton.
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Other risks to the brand's performance include ongoing weakness in luxury sales, which are getting hit by a slowdown in tourism and a strong U.S. dollar, Boruchow said.
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LONDON — Shares in luxury fashion brand Burberry are climbing on Monday morning after a report over the weekend said that US group Coach tried to buy the company.
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"The shared vision and distinctive appeal of these two iconic brands will provide an exciting platform to achieve global leadership in luxury retail," Harf said in a statement.
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Harold Clarke, a resident of the Big Island and an expert in luxury real estate, is the owner and principal broker of Luxury Big Island by Harold Clarke.
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Latch is selling directly to real estate companies, largely, it sounds, for placement in luxury apartment buildings, as well as some offices and other commercial spaces like gyms.
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Chinese consumers are particularly sensitive to criticism that goes viral online, said Thomai Serdari, a strategist in luxury marketing and branding who teaches at NYU's Stern business school.
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Another entity using LLCs to deal in luxury Trump real estate is the Black Tulip Organization, a French-owned investment firm with offices in New York and Miami.
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" Small is big today in luxury travel: boutique hotels, private airline terminals, special-access tours and those little touches that have always been part of the "VIP treatment.
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Both went on to careers in luxury fashion, Boyd as a US sales manager at Chanel Ready-to-Wear, and Whiting as a senior designer at Ralph Lauren.
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Her investments include Ezza Nails, which is reinventing the nail salon experience; direct-to-consumer travel brand Paravel; and PearChef, a private chef in luxury apartments, among others.
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In a letter sent to Democrats on the House Energy and Commerce Committee Wednesday, the EPA confirmed that Pruitt's security detail flies in luxury class when he travels.
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They are no longer focused on certain neighborhoods — a complete pivot from the old Manhattan-centric buyer — because the city has grown in luxury options in all directions.
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LVMH has been making strides in recent years to right the gender balance in luxury, appointing the first female designers of Givenchy in 2017 and Dior in 2016.
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There&aposs also the rise in luxury treatments and services, such as NYC&aposs Clean Market, where monthly packages of cryotherapy can be purchased for $999 a month.
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We'd do this differently next time: Book a suite or pool villa to truly indulge in luxury, and spend more time on-property at the spa and pool.
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The Cavaliers are expected to seek another big man but cutting Andersen reportedly will cost about $4 million in luxury tax penalties because of Cleveland's high payroll. 1.
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Ivan Drucker, a New York City-based consultant to Apple computer users, recently used awards from a strategically managed mix of credit cards to travel in luxury to Finland.
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PARIS (Reuters) - French fashion house Chanel said on Monday that it aimed to strengthen its position in luxury watchmaking with recent investments including in small Swiss parts maker Kenissi.
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Groupe Arnault (the investment firm that holds a controlling stake in luxury group LVMH) and Gold Sky Capital also participated, along with returning investors Benchmark, NEA, and Harrison Metal.
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The European Union also has widened its Syria-targeted sanctions, adding 11 businessmen and five companies involved in luxury real estate development and other government-backed projects in January.
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The Warriors, who are well over the salary cap, would be hit with an additional $11.3 million in luxury tax should they retain McCaw, according to ESPN's Bobby Marks.
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One exception to the weakness in luxury goods sales is the car market which is seen to have the strongest annual growth of the 10 categories at 8 percent.
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There are high-end brands that strive for the ultimate in luxury, performance, and style, and there are those that offer the ethically-minded, strictly-vegan products many demand.
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While the additional cost may not seem terribly onerous for buyers at the high end, it appears to have successfully dampened interest in luxury properties in the city-state.
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They suspect that you're some sort of billionaire, or your have Mafia ties to explain how someone can travel [in luxury] when they haven't even given it a try.
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As a result of the slowing growth in luxury, Di Palma sees an increasing number of brands having to revise down their revenue forecast and operate with tighter margins.
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Are people really going to start opening Spotify for the latest episode of This... Welcome to This Month in Luxury, presented by Micah Singleton, The Verge's resident Luxury Director.
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However, the recovery of this top end of the market could yet prove a lengthy process, given the rise in luxury capacity in the French capital in recent years.
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The FTSE 250 outperformed with a 0.8% rise, aided by an 8% surge in luxury carmaker Aston Martin and food ingredients firm Tate & Lyle after their respective earnings reports.
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"Real estate has become very expensive in New York," said Thomai Serdari, a strategist in luxury marketing and branding who teaches at New York University's Stern School of Business.
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Aglit Italy, which opened its NoHo storefront in May, specializes in luxury laces, a concept so surface-level preposterous it seems like material for a Funny or Die sketch.
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The tsunami of capital is shifting the landscape: The research firm CoStar Group estimated that 19203 percent of the apartments under construction in Manhattan are in luxury-level buildings.
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The British Columbia port city of Vancouver will see a 5% decrease in luxury home prices in 2020, but the decline is actually slowing down, according to Knight Frank.
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In the last year, 11 oceanfront properties sold in luxury developments for an average price of $12.6 million, compared with an average of $8.3 million in 2014, he said.
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While Sime Darby enjoys some geographical diversification, we believe the benefits are partly offset by a lack of meaningful share in any market and concentration in luxury brand sales.
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At Collector Square, an online consignment shop based in Paris that specializes in luxury jewelry, watches and handbags, Alhambra pieces generally are snapped up within 24 hours of posting.
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The advertising strategy is "definitely bold on the part of the leadership," said Thomai Serdari, a strategist in luxury marketing and branding who teaches at NYU's Stern business school.
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Growth in luxury spending that propelled the economy in better times is slowing drastically, and the owner of the local Jaguar dealership said he may be out of business soon.
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The action was meant to send a public message to smugglers, and took place just weeks after millions of dollars in luxury and sports cars were crushed at similar events.
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Wall Street holiday parties were back this year, taking place in luxury venues like the Waldorf Astoria, featuring women dressed as glowing angels, and offering fine wine, scotch and bourbon.
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"People underestimate how far away from homeownership a lot of renters across the country, even in luxury apartment buildings, are," said John Pawlowski, residential sector head at Green Street Advisors.
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HUDSON'S BAY CO EXEC - IF INCREASE IN TARIFFS GO IN PLACE, CO IS WELL POSITIONED GIVEN MORE THAN 70% OF REVENUE CO HAS IN CANADA IN LUXURY RETAIL- CONF CALL
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Jay has been a fan of Franco's auto body shop for years and, since they specialize in luxury cars, Jay decides to bring Robert Herjavec by to see the place.
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And while many have raised concern around a drop-off in luxury demand, findings in the report point to the contrary, with Bain forecasting material growth throughout 2019 and beyond.
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Agon adding that the group had "strong initiatives" in the United States for the second half of 2019, especially in luxury brands, but that the market would likely remain soft.
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It's also acquiring Bonder & Co, which has specialized in luxury short-term rental and concierge services for the last 11 years in Ibiza, a big destination among the 'jet set'.
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In recent years, some wealthy defendants have been allowed to live in luxury while facing criminal charges, including swindler Bernard Madoff and former International Monetary Fund chief Dominique Strauss-Kahn.
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Wall Street holiday parties this year took place in luxury venues like the Waldorf Astoria, featured women dressed as glowing angels, and had fine wine, scotch and bourbon on hand.
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Whether exploring the world, ruling the workplace, or relaxing in luxury, the women in the French-born, UK-based Malika Favre's illustrations are as cool as their scenes are cinematic.
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Shares in luxury brand Burberry were the biggest fallers on the FTSE, losing more than 9 percent after reporting a 2 percent drop in retail revenue for the Christmas quarter.
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"With the second-largest economy in the Arab world, overseas residents can bask in luxury in the UAE, as employers take a more generous approach to working conditions," WorldFirst says.
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At the same time, automakers have appointed special-edition S.U.V.s and trucks with the same kinds of advanced technologies and comfort features that consumers once found only in luxury cars.
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Some of the biggest names in luxury have pledged millions of dollars to fund research of Covid-19 and donated money to non-profit organizations that honor frontline medical workers.
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A team of assassins landed in Turkey on easily identifiable private jets, drove in luxury cars to the Saudi consulate in Istanbul and cut Khashoggi to pieces on consular property.
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Wealthy parents in Singapore are buying penthouses for their kids as taxes rise, and it mirrors a change in luxury real estate happening on the other side of the world
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Among midcaps, Premier Oil shares surged 14% after a deal to buy certain BP assets, more than offsetting an 17% slide in luxury carmarker Aston Martin following a profit warning.
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Najib was arrested in July, days after after police said they had seized $225 million in luxury handbags, jewelry, cash and goods from six properties linked to the former leader.
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When the French conglomerate reached a deal to buy the company this week for $16.2 billion, in the largest deal ever in luxury, it didn't just buy an American jeweler.
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Read more about SMARTSITE on TechCrunch Suiteness – Hotel suite booking platform The best rooms in luxury hotels aren't on Expedia or Priceline, and sometimes they're not even on the hotel's website.
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Korean Air whistle-blowers have also accused the Cho family of illegally bringing in luxury items from abroad, disguising them as company goods to avoid tariffs and to save transport expenses.
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The luxury goods maker, which has been hard hit by the global slump in luxury spending, appeared to be counting on color and a touch of nostalgia to revive its fortunes.
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Francois-Henri Pinault, whose Artemis holding company owns a controlling stake in luxury group Kering, pledged 100 million euros ($8003 million), while Bernard Arnault, chair of LVMH, gave 200 million euros.
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LONDON (Reuters) - Shares in luxury goods group LVMH briefly fell almost 9 percent at the open on Monday before recovering in what traders said was likely a "fat finger" erroneous trade.
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It recently hired Denise Incandela, who has more than 20 years of experience working in luxury retail at Saks Fifth Avenue and Ralph Lauren, to head up its online fashion department.
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Months before that, Microsoft had released an update to its Surface Pro tablet with a keyboard covered in teal and maroon Alcantara, the stain-resistant fabric that's used in luxury vehicles.
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Malverdi, who has held management positions in luxury groups including Dior Homme, Givenchy, John Galiano, and Agent Procateur, will replace Gianluca Flore who left the group in February, the statement said.
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Investors are on edge over a softening economic backdrop in China, and weak Chinese trade data on Monday sent shares in luxury goods companies that rely heavily on Chinese customers tumbling.
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Jurors had convicted McDonnell for accepting $177,000 in luxury gifts and sweetheart loans to him and his wife Maureen McDonnell from a wealthy Richmond businessman seeking to promote a dietary supplement.
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"There's no more formality in luxury and hotels need to understand our guests," Jenni Benzaquen, the vice president of luxury brands in Europe for Marriott International, told Deanna Ting of Skift.
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"In luxury dwellings, you're seeing more and more people who want personalized closets," said Deborah Grubman, an associate broker at the Corcoran Group who is the sales director for the project.
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London's FTSE 100 was down 0.4% as a drop in private equity company 3i and a handful of stocks trading ex-dividend overshadowed an earnings-driven surge in luxury brand Burberry.
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Your accompanying article ("Catch me if you can") mentions that traders in luxury goods such as yachts are failing to flag suspicious transactions, even when they are obliged to do so.
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Now they're cutting back on their cutbacks, holding parties this year in luxury venues and featuring fine wine, giant snow globe photo booths, game stations and women dressed as glowing angels.
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British billionaire Mike Ashley and the owner of Sports Direct International Plc bought an interest in luxury lingerie brand Agent Provocateur after the maker of cuffs and corsets slipped into administration.
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Many of them have families living abroad in luxury provided by the fruits of corruption that has stolen hundreds of billions of dollars from the Venezuelan treasury over the last decade.
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If the slowdown in new development is symptomatic of a lull in luxury sales, then the strength of co-op sales may suggest a surge in the entry- and midlevel markets.
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They number in the many thousands and count among them the very rich and the very poor, from city dwellers who lived in luxury high-rises to farmers in adobe huts.
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That same year, Belmond launched the Andean Explorer, which runs from Cusco to Arequipa, and in 2018 renovated its iconic Venice Simplon-Orient Express, Amanda Copkov noted in Luxury Travel Advisor.
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The rally in luxury stocks come as a relief after pulling back on Tuesday when Washington threatened punitive duties of up to 100% on champagne, handbags and other imports from France.
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Travel advisors are constantly on the road, especially those who specialize in luxury travel, where clients with big budgets want the advisors to really know the product via first-hand experiences.
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It embodies the shift in luxury toward experiencesI couldn&apost help but think that what experts across several luxury industries have been saying is true: Luxury is no longer about aesthetic.
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Just as they have in recent years, the turkeys were pampered prior to their arrival at the White House today, having arrived Sunday at the Williard Hotel to dabble in luxury.
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The reports painted a picture of a top Trump official using taxpayer dollars to fly in luxury, visit his own properties, and even stop off for lunch in Nashville with his son.
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Malverdi had been hired in April 2016 in an attempt to turn around the struggling lingerie label Agent Provocateur, which was hit by a downturn in luxury spending and an accounting scandal.
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Fosun is the latest Chinese company to expand into fashion labels at a time when consumers in China — the world's second-biggest economy — are driving a global revival in luxury goods spending.
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The group then went to the stunning Westman islands, where they stayed in luxury yurts, flew to the top of Eyjafjallajökull volcano and got a private access to the famous Blue Lagoon.
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AG, a leader in luxury denim, has done its research and developed jean production techniques that cut down on things like water consumption, waste, and energy, while opting for eco-friendly fibers.
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Fujimori said that it's especially significant that LVMH would beef up the jewelry portion of its portfolio as this sector is considered to be one of the fastest-growing areas in luxury.
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A confluence of factors, from advances in technology to a surge in luxury apartment speculation, has encouraged developers to build taller and leverage old zoning codes not designed for recent engineering breakthroughs.
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In luxury developments in areas where foreigners can buy homes without restrictions, prices range from 2356,29910 euros ($28077,609) a square foot to about 3,975 euros ($4,651) a square foot, Mr. Buttigieg said.
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Midcaps added 0.4% as Premier Oil shares surged 12% after a deal to buy certain BP assets, more than offsetting an 11% slide in luxury carmarker Aston Martin following a profit warning.
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PARIS/MILAN, Dec 5 (Reuters) - Shares in luxury puffer coat maker Moncler were seen jumping over 10% on Thursday, according to traders, after a report of potential interest from French conglomerate Kering.
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Down the street, tourists regularly frequent Sunset Tower Hotel, an iconic hotel from 1929 where famous names like Howard Hughes, John Wayne, Marilyn Monroe and Elizabeth Taylor once resided in luxury residences.
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It has bought in sectors from real estate to entertainment, including the iconic One Chase Manhattan Plaza building, along with stakes in luxury resort Club Med and entertainment troupe Cirque du Soleil.
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It isn't an exciting or dramatic system, but it ticks every box — and unlike some screens in luxury cars, this one is tucked into the dash rather than sticking out of it.
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According to data collected by the brokerage consulting firm T3 Sixty, the average commission has declined from 6.1% in 1991 to 5.1% in 2016, but most of the drop came in luxury homes.
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"The big brands are following where their high-spending clients' cash is going," said Fabrizio Pini, professor and joint director of the International Master in Luxury Management of Milan's MIP Politecnico business school.
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Under his care, she grew up in luxury at Summer Madness, a sprawling estate across town from the impoverished neighborhood where she lived with her parents and siblings until the age of 9.
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"The hotel will be one of the most beautiful in the city, if not all of the mid-Atlantic," said Jack Ezon of Ovation Vacations, a Virtuoso member agent specializing in luxury vacations.
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NEW YORK (Reuters) - Wall Street holiday parties this year took place in luxury venues like the Waldorf Astoria, featured women dressed as glowing angels, and had fine wine, scotch and bourbon on hand.
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GENEVA (Reuters) - Inventory levels at multi-brand watch retailers are still too high, two top industry executives said on Tuesday, suggesting a robust recovery in luxury watch sales may be some way off.
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The NK Pro report makes a connection to Singapore-based traders bringing in a substantial amount of goods into North Korea department stores, including allegedly bringing in luxury items banned by UN sanctions.
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In "Luxury Rentals," the choreographer Juliette Mapp's new work, she explores New York City's altered landscape through her personal stories, which take place, mainly, in the Williamsburg and Bedford-Stuyvesant neighborhoods of Brooklyn.
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While we love a stylish toddler as much as the next person (we're looking at you, Coco Pink Princess), it isn't everyday we see someone so young wearing the finest in luxury fashion.
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There have also been reports that focus on specific investments being made in opportunity zones that critics say aren't benefiting low-income residents of the areas, such as investments in luxury apartment buildings.
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The wealthy are saving more and spending less in luxury sectors like real estate, fashion, jewelry, art, and classic cars — and it could "trickle down" to a recession, reported Robert Frank for CNBC.
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"The news on tackling the gray market is really encouraging - you need to create the appearance of scarcity in luxury goods, otherwise they become commodities," said Jon Cox, an analyst at Kepler Cheuvreux.
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But the fact is, losing a job and relying on money, accumulated power, and powerful friends to continue to live in luxury while plotting your return is not the same as real jail.
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The effects of the protests can also be felt in the luxury real estate market: Wealthy Hong Kong buyers have ramped up their interest in luxury real estate in Australia and New Zealand.
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Imprisoned drug lords were brought to a House committee room where they testified that they had paid Ms. de Lima more than $20,000 a month to let them live in luxury in prison.
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Fueled by the DVD boom, almost all of the big studios created specialty divisions and poured money into Sundance distribution deals, leading to all-night bidding wars in luxury condos around Park City.
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Travel Tips A theme park-focused vacation to Orlando can be an expensive proposition, according to Cara Goldsbury, the owner of Glass Slipper Concierge, a travel company that specializes in luxury Orlando trips.
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Because it trades in luxury brands like Gucci and Balenciaga, The RealReal has made product authentication a key piece of its value proposition to customers; eBay launched its own authentication program in 2017.
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Accor is expanding in emerging markets and in luxury hotels and investing in areas such as concierge services to better meet the challenge posed by companies such as Airbnb and online travel agents.
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Called Coveteur, the site is popular with affluent Americans and millennials around the world who invest in luxury lifestyles and has amassed a social following of over three million people across its channels.
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Born Jacopo Robusti — a surname his family acquired for their robust defense of Padua against an invading army — his father was a silk-dyer at a time when Venice specialized in luxury goods.
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His wife, Rosmah Mansor, who is well known for her taste in luxury items like designer pursues and multimillion-dollar pieces of jewelry, is facing 17 counts of money laundering and tax evasion.
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The U.K.'s housing market is seen taking a knock in the wake of the Brexit vote, but the forecast depreciation in sterling may spur investment in luxury and commercial real estate, say realtors.
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Between meetings for the men and fashion shows for the wives, the visitors slept in luxury rooms at the Boca Raton Hotel and Club and attended cocktail parties and a keynote by Henry Kissinger.
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Investors have been concerned that caps on deduction of interest payment on mortgage debt and state and local tax could make housing more expensive and hurt demand in luxury home markets such as California.
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He added that in fashion watches, "slim silhouettes, particularly those in luxury leather band offerings" were better selling, but in general "the overall watch category was more challenged than we anticipated in the quarter."
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The Southeast Asian country has been seeing a surge in luxury real estate development, Bloomberg reported, thanks to a booming economy and laws making it easier for foreign buyers to buy property in Vietnam.
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"It is more socially injurious for the millionaire to spend his surplus wealth in charity than in luxury," the English economist and social critic J A Hobson wrote in Work and Wealth in 1914.
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Editor's Letter A desire to have fewer things in our lives can be seen in phenomena as diverse as the decline in luxury spending and the cult success of the decluttering superstar Marie Kondo.
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Toyota Motor Corp said its sales rose 5.2 percent in October, as strong pickup truck and SUV sales offset a 12.7 drop in Toyota sedans and a 27.9 percent decrease in luxury Lexus sedans.
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London's FTSE 100 slid 0.8% as a 6% drop in private equity company 3i and a handful of stocks trading ex-dividend overshadowed an earnings-driven jump in luxury brand Burberry which climbed 3%.
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Quite unfortunately, all fingers appear to be pointing in the same direction, at a new aluminum rainscreen cladding installed, in part, to make the building more attractive to wealthy neighbors in luxury flats nearby.
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They pour beers and grill hot dogs, serve food in luxury suites, scan tickets at turnstiles, work in parking lots and provide security, run the scoreboards and lighting equipment, and clean up locker rooms.
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Tyler Graffeo, the president of Interstate Truck Center, generated a lot of business while entertaining clients in luxury suites at Royals baseball and Chiefs football games in Kansas City, Mo., the past three years.
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In its original form, though, the falling stars meme is emblematic of a rise in luxury consumer culture — and inequality — across the world, particularly in the US, China, and Russia, where the challenge originated.
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Luxury firms falter Shares in luxury goods companies, which usually benefit from increased consumer spending over the Chinese New Year, have also taken a hit this week, although they recovered a little on Friday.
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Since its stock market listing in December 2013, the outerwear group whose jackets can retail for more than 1,33 euros, has been growing quickly, adding new shops despite a global slowdown in luxury sales.
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RIYADH, Saudi Arabia — The "guests" are issued key cards for their rooms, receive three catered meals per day and sleep in luxury suites outfitted with big-screen TVs, king-size beds and shiny wallpaper.
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She eventually made her way back to the fashion worldTo continue her education, Lady Spencer headed to London, where she earned her master&aposs degree in Luxury Brand Management at Regent&aposs University London.
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With the Cavaliers' payroll now standing at more than $125 million, and with an additional $27 million in luxury taxes to pay, Gilbert has earned the right to spend money at his own pace.
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In some instances, cities try to quell the outrage over the rise in luxury units by reaching deals with developers to ensure a percentage of their units rent to people paying below-market rates.
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Although such individuals are sanctioned by the United States or United Nations, or are the subject of INTERPOL arrest warrants, they are able to live freely — and in some cases, in luxury — within Qatar.
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Offering a regularly rotating edit of the best in luxury fashion spanning ready-to-wear, footwear, bags and fine jewelry, Browns East is launching with 45 brands, including Rejina Pyo, Jacquemus, Gucci, and Sies Marjan.
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Let's be frank for a second: Cabin air filters are nothing new; they've been rolled out in luxury cars since the late 1970s, and across a broader number of vehicles from the mid 1980s onward.
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In June, Pippen partied alongside Kardashian West in Las Vegas birthday and most recently, the mother of four shared an adorable picture of her daughter Sophia driving around in luxury toy cars with North West.
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"The money suddenly dried up last year," said Lois Kirschenbaum, a broker specializing in luxury homes on Long Island's north shore, an area favored by Chinese partly because of its reputation for having good schools.
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Prosecutors said Hoey took trips to England, Spain, Mexico and Aruba, spent large sums on fine dining and concerts, and stayed in luxury hotels in Manhattan and Long Island despite having residences in both places.
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Stock market volatility caused a drop in luxury values in the first quarter of this year, but prices recovered slightly in the second quarter, rising 0.8 percent annually, according to Redfin, a real estate brokerage.
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Forget Los Angeles and New York City: Tech startups, Fortune 500 companies, and major film studios are minting new wealth in the 'Hollywood of the South,' and it's creating a spike in luxury real estate
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MILAN, Dec 19 (Reuters) - Shares in luxury shoemaker Tod's rose more than 12 percent on Wednesday after a regulatory filing pointed to plans by the Della Valle family to increase its stake in the group.
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His case was not helped by credit card data showing his wife and daughter had spent tens of thousands of dollars in purchases of clothing in luxury shops from Milan to Paris and New York.
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Beyond the applications now found in new cars, typically in conveniences like the speech-recognition feature of infotainment systems, are the subsystems that make up the packages of safety features common largely in luxury vehicles.
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The man, the brothers have testified, recruited them to work for Mr. Guzmán, and they began receiving cocaine shipments from the kingpin, smuggled in luxury yachts, submarines and airplanes, even a custom-fitted Boeing 747.
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Scott Malkin, chairman, Value Retail, which specializes in luxury outlet shopping villages There are many challenges we are going to face because of this increasingly turbulent world, but one almost rises to the top: technology.
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Fishing on the high seas, often with generous government subsidies, is a multibillion-dollar industry, particularly for high-value fish like the Chilean sea bass and bluefin tuna served in luxury restaurants around the world.
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If you thought the Dyson was the ultimate in luxury suction, it turns out that you can tap a budget far more extravagantly; the prototype for the vacuum cleaners the M.T.A. is using costs $320,000.
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Mr. Eckstein and his partners not only have to change this perception, they also have to introduce an idea that for most people is entirely new: that Germany has a credible past in luxury fashion.
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Apartments have one to four bedrooms, with private baths and the type of accouterments more common in luxury condominiums: quartz kitchen counters, stainless-steel appliances, in-unit washers and dryers, and cable TV and internet.
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Yves Saint Laurent designed a collection inspired by the May 1968 Paris riots; by contrast, Dior's "New Look" was a salve for the wounds of wartime, making people forget the hardships and revel in luxury.
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She chooses to take her 9-year-old brother Jamie along because he is cheap, never spends his allowance, and cheats at cards, so he has amassed a fortune that will keep her in luxury.
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The technology is surfacing first in luxury cars such as the Mercedes S-Class on show at the Frankfurt event - which runs until Sunday - before trickling down to the mass market, chiefly in Europe and China.
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The crowd roared, first in luxury boxes with TV sets, and then through the seats as word spread that Addison Russell belted a grand slam for the Chicago Cubs in Game 6 of the World Series.
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During the two years between his 2016 arrest and his 2018 guilty plea, he was an apparition shrouded in luxury garments, emerging from the eldritch Watts ether on a mission to permanently alter Los Angeles music.
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In "Luxury Rentals," Ms. Mapp grapples with this dilemma and its impact on the art form while meditating on the life of the dancer — its challenges, rewards and the powerful sense of community that dancers share.
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In what some are calling the Night of the Long Knives -- an unflattering comparison to a 1934 purge in Germany -- authorities detained princes and ministers who had, moments before, wielded great influence and lived in luxury.
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Wang Sicong, billionaire heir to Chinese real estate mogul Wang Jianlin, has been banned by a court order from traveling first class, buying property, staying in luxury hotels, going on vacations, playing golf, or visiting nightclubs.
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Saudi Arabia's sovereign wealth fund may invest in luxury electric vehicle startup Lucid Motors, according to Reuters, which reports that recent discussions could result in the Saudis eventually investing over $1 billion and obtaining majority ownership.
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Three years after US authorities filed a court complaint against Jho Low, the Malaysian businessman has agreed to forfeit over $700 million in luxury property and multi-million dollar investments allegedly linked to the 1MDB scandal.
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Oklahoma City can save an estimated $90 million in luxury tax alone by waiving and stretching Anthony — although such a move would keep Anthony on its books for the next three seasons at $9.3 million each.
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The rectilinear base of the building includes retail space — no tenants have signed on yet, but Algin is hoping for a restaurant — and the lengthy list of amenity spaces that has become requisite in luxury buildings.
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Tighter government restrictions on "daigou" - buying on behalf of a third-party for a fee - and overseas purchases since 2H16 have also made it more difficult for Chinese residents to bring in luxury products purchased abroad.
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"We are making violent statements," Mr. Grams, who goes by Du, told The New York Times for an article last week that details the brand's provocative aesthetic and its hopes for a future in luxury fashion.
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But looking at only no-fee listings knocks out a lot of options, and no-fee apartments are more commonly found in luxury high-rises or large complexes with their own leasing offices, like Stuyvesant Town.
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Already about 200 million surveillance cameras are scattered around the country — to track big spenders in luxury retail stores, catch identity thieves, prevent violent crime, find fugitives, catch sleeping students in the classroom and even snag jaywalkers.
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" Foley recalls of traveling in luxury to the paradise-set location,"Because Scandal was at the time really popular and we didn't want the storyline to get out, Disney flew us on a private jet down there.
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Growth in luxury house prices of 36.2 percent in China's third largest city, Guangzhou, has helped to bump the global index up 4.3 percent in the first quarter, according to a report from Knight Frank published Monday.
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With ambitious plans to expand his six-year-old brand, including 100 new stores across the world over the next 25 years, the Mumbai-based diamantaire is not deterred by the current global slowdown in luxury spending.
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"The Jew of Rome," as the German writer Lion Feuchtwanger called him in an eponymous historical novel, spent the rest of his days living in luxury in Flavian Rome and writing the history of his times. Turncoat?
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His appearance quelled months of speculation among many Sudanese who suspected that, contrary to assertions by the country's military leaders, Mr. al-Bashir was being quietly detained in luxury or had even managed to flee the country.
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Alex Peto, a partner of Kensington Luxury Properties, said there has been more interest in luxury real estate in Tangier and in other cities since 2016, but the number of sales started picking up only in 2017.
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The daughter of the Wall Street broker E. F. Hutton and the cereal heiress Marjorie Merriweather Post, Ms. Merrill grew up in luxury, spending up to six months a year on the Sea Cloud, the family yacht.
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Property appraiser Pedro Garcia said his office could not conclude that lower values were related to fears about sea-level rise, and suggested the cause was likely a boom in apartment complexes being built in luxury neighborhoods.
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Rising mortgage rates and a slowdown in luxury real estate sales in key areas of the country have made some question the fate of Toll Brothers, which does business in 20 states including California and New York.
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The result: the elegant epicenter of Beverly Hills feels like a French chateau just bought by a rich Russian oligarch with good taste (imagine that) and an endless supply of cash to leave you reveling in luxury.
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Chinese customs data showed that North Korea imported $2.09 billion in luxury goods between 2012 and 2014, according to recent congressional testimony by Bonnie S. Glaser, senior adviser for Asia at the Center for Strategic and International Studies.
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Swiss watchmakers are just emerging from a severe downturn, helped by a recovery in demand among their biggest customer group - Chinese shoppers - and echoing a broader pick-up in luxury goods industries from fine wines to designer clothes.
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The U.N. had tried a similar approach in 2015 of hosting Libyans in luxury hotels abroad but the deal never won support from the power-brokers and factions aligned with military commander Khalifa Haftar that control eastern Libya.
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If the team signs both players, its payroll for the 23-22 season could exceed $257 million, including $217 million in luxury taxes, according to ESPN's Bobby Marks, making the Warriors the most expensive team in NBA history.
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"Much like when I designed the very first DockATot, my goal when designing Aristot was to set a new standard in luxury design for a juvenile product," DockATot and Aristot creator Lisa Furuland said in a press release.
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"It is really inexpensive, so you can stay in luxury hotels for less than $50 a night as well as bungalows on the beach," Lisa Imogen Eldridge, who blogs about solo travel at GirlabouttheGlobe, said in an email.
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Count Alexander Ilyich Rostov — a member of the Jockey Club, Master of the Hunt — was already ensconced in luxury in Suite 317 when he was sentenced to house arrest in a 1922 trial, condemned for writing a poem.
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For years, she'd worked on the other end of the fashion equation, doing brand development for various labels; after she got an advanced degree in luxury goods and services, Dahlin was eager to create something of her own.
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" Steve says they plan to file a countersuit and thinks it's laughable the ex-nanny had so many complaints -- "You can't say you work like slaves when you have chefs, driving around in luxury vehicles, flying first class.
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Mr. Toledano's exit is the latest in an unprecedented wave of executive changes in the fashion industry, as it attempts to come to grips with a slowdown in luxury spending because of lower tourist travel and geopolitical uncertainty.
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"The major trend in luxury right now is towards travel and experience, and Rimowa is a uniquely placed brand to take advantage of the global boom in tourism and the traveling consumer," the luxury consultant Robert Burke said.
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Chinese companies are considering investments in luxury property developments, an airport and a metals mine in Bulgaria that could amount to more than 2 billion euros ($2.2 bln) in total, an advisor to the projects told Reuters on Monday.
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This teaser isn't a straight up trailer – it's a pseudo recruitment ad for Jaeger Pilots, and it's heavy on the kind of close-up hardware glamor shots and single word inspirational messages that you get in luxury car ads.
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Swiss watchmaker Louis Moinet has partnered with Wealth Solutions, a Polish company that specialized in luxury collectibles to add a drop of Old Vatted Glenlivet 1862 — the oldest whisky in the world — into a glass chamber in 50 watches.
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Experts say there are about 21900 yalis currently on the market, but none of them are publicly advertised, said Ulvi Ozcan, a partner in the Bosforce real estate firm, who has been dealing in luxury homes for 2500 years.
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Amid a boom in luxury apartment construction, some owners have found themselves in all-out war to attract tenants — in the process equipping buildings with all sorts of extras like food courts, parties with famous DJs and rooftop concerts.
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Donald Trump Jr. is in India for a week-long business trip on behalf of the Trump Organization, which he runs with his brother Eric, to promote $1 billion in luxury residential units that their company is building there.
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"There's a saying in my circle, that you should quit the day your company installs DingTalk," said Robert, who works in luxury retail in the northwestern province of Shaanxi and complains that DingTalk has "fragmented his time into pieces".
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Fosun, which owns French leisure company Club Med, is the latest Chinese firm to expand into fashion labels at a time when consumers in China - the world's second biggest economy - are driving a global revival in luxury goods spending.
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Comps slowed meaningfully to the mid-single digits in 2016 and turned negative 2.4% in first quarter of 2017 due to reduced promotions, weak tourist traffic caused by the stronger U.S. dollar and a general slowdown in luxury spend.
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They'll stay in luxury accommodation, and get to do a whole host of envy-inducing activities such as private guided tour of the Acropolis, a jeep safari tour of Mykonos' best beaches, and a sunset sailing trip in Santorini.
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"We are getting to the point where millennials are in the 'life stage,' where they are having kids and are starting to earn money, and so they are even more important to fueling the growth in luxury," he said.
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After a brief boom in luxury condo sales to beat a new tax hike, the high-end real-estate market in New York City hit its lowest point in six years in July, according to The Wall Street Journal.
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The Thunder plan to explore trades this off-season for Anthony but ultimately intend to release him if necessary to save millions in luxury-tax payments, according to the people, who were not authorized to discuss Anthony's future publicly.
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The surge in luxury housing, and its upward pressure on rents, is squeezing out longtime residents, said Trevorn Frederick, the owner of New Prospective Realty, a two-year-old firm with an office on Fourth Avenue near 21st Street.
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Now those three are among the more than 200 people detained in luxury hotels in Riyadh, the Saudi capital, as the government tries to seize hundreds of billions of dollars in assets it says they stole through corrupt means.
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"There's a perception of exclusivity which is inherent in luxury, but it doesn't really exist any more," said Flavio Cereda-Parini, managing director of luxury and brand equity research for Jefferies Group, an investment bank and financial services company.
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"Tel Aviv has seen a recent influx in tourism and from that, an increased demand in luxury hotels," Galit Heller, director of sales and marketing at The Jaffa, a five-star hotel in Tel Aviv, previously told Business Insider.
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Nicola Butler, the owner of NoteWorthy, a London travel company specializing in luxury trips around Britain, says that London has become a more affordable vacation destination since Brexit, giving travelers an incentive to plan longer getaways to the city.
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Many of its chefs formerly worked in luxury hotels, including Shangri-La Kuala Lumpur, and create meals that the company says would be 30% to 50% more expensive when ordered from restaurants that aren't able to utilize its economies of scale.
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For instance, instead of serving an ad specifically to people who make more than $100,000 a year, the advertiser might target users in the top 10% of zip codes by average household income who also show an interest in luxury goods.
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Marriam Mossalli, a Saudi entrepreneur who founded a Jeddah-based consultancy firm specializing in luxury marketing, Niche Arabia, told CNN that "with Crown Prince Mohammed Bin Salman, things are happening quite quickly, at a 'millennial' speed," compared with the past.
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Despite the recent pick up in luxury spending in Hong Kong and China, Fitch does not expect a sustained recovery of luxury watch spending as the market seems to be fundamentally changed by the persistent economic slowdown and new retail formats.
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Some markets that might be harder for investors to swallow: Memphis, Tennessee; Miami; and suburban Washington, D.C. Memphis' economy has been struggling, and price points there remain high amid an oversupply of housing — especially in luxury condominiums and rental towers.
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Played by Talene Monahon with such take-no-prisoners ferocity that she awakened the sleeping man in front of me during a fight scene, Blanche is the daughter of a rich slumlord (Terry Layman), who has raised her in luxury.
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The investigation into Miami Vice's operators exposed the dangers associated with a clandestine cottage industry of recreational boat owners in luxury locales who rent out their vessels to locals and visitors seeking a few hours of pleasure on the sea.
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LVMH Luxury Ventures, which will headed by group deputy-head of mergers and acquisitions (M&A) Julie Bercovy, will buy stakes in luxury companies with sales of between 2 million and 5 million euros ($5.4 million) and a high-growth potential.
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Annual sales growth in luxury goods has dropped to low single digits from above 10 percent four years ago as demand from China weakened and brands no longer benefit from the boost they once got from opening shops and raising prices.
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Ms. Biggins, 37, is the owner of Worxbee, a virtual executive assistant service based in Greenville, S.C. She graduated from Florida State University and received a master's degree in luxury and fashion management from Savannah College of Art and Design.
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A quick search of "corona vacation Hawaii" on Twitter yields an endless stream of users pining for a "corona vacation" to the islands because, as one visitor says, they would rather quarantine where they could "live it up" in luxury.
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Read more:27 of the most daring dresses celebrities wore in 201924 glamorous red-carpet looks celebrities wore in 2019How to style clothing items people had no idea how to wear in 2019The 4 biggest trends in luxury fashion for 2020
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SOFIA (Reuters) - Chinese companies are considering investments in luxury property developments, an airport and a metals mine in Bulgaria that could amount to more than 23988 billion euros ($875 billion) in total, an advisor to the projects said on Monday.
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Still, Connie's life remained in many ways on hold: she had left Manhattan, abandoning a career in luxury-ad sales, and she had eliminated her online presence, which made it hard to maintain friendships or to find a new job.
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Inside, he pointed out the terrazzo flooring, the architectural interpretations of prairie grasses and wildflowers, the marble-top counters in luxury suites, the giant video display screen that hangs in the arena and weighs 21960 times more than a Chevrolet Silverado.
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The catch: Up to 7823% of those rental units to be completed this year will be in luxury buildings the average person likely can't afford, according to data obtained by the Wall Street Journal from the real estate analytics firm RealPage.
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Mr. Sartori, with his elegant, finely detailed suits, experimentations with color and introduction of four-figure sneakers, appeared to be trying to court a younger crowd with more youthful styles as the industry's enthusiasm for the growth opportunities in luxury men's wear rose.
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President Donald Trump and North Korea&aposs Kim Jong Un spent Monday huddling with advisers in luxury Singapore hotels less than half a mile apart, readying for a nuclear summit that could define the fate of millions, and their own political futures.
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"The combination of their knowledge with our leading positions in luxury hospitality, private rental and concierge services will provide our clients with unique services and expertise regarding tailor-made events," AccorHotels Deputy Chief Executive Sven Boinet said in a statement on Monday.
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Those named are barred from taking flights or high-speed trains, staying in luxury hotels or sending their children to fee-paying schools (because, if they have money to spend on such things, they should be using it to service their debt).
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Shares in luxury automaker Aston Martin fell as much as 1003 percent in its market debut in London on Wednesday after investors and analysts raised concerns that it may find it hard to deliver on an ambitious roll-out of new models.
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"We've been pretty much a sleeper town as far as people being all that aware of us," said real estate agent Vicki Gaily, founder of Special Properties Group, a division of Brook Hollow Group, which specializes in luxury properties in Northwest Bergen County.
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"Parking" illicit gains from corrupt regimes, including Russia or China, in luxury real estate in the West is a common pattern because it historically holds value and, if you're the buyer, you only trigger taxes by selling, not with the initial transaction.
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Stymied by a slowdown in luxury spending, the shift to online shopping and the buildout of competing shopping centers in Manhattan, retailers are taking a closer look at their real estate portfolios before committing to the lofty prices associated with Fifth Avenue.
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"Auntie Fai" is as renowned for the ski goggles she wears to protect her eyes from hot oil splashing, as she is for her thick crab curry and dry congee that customers, including many who drive up in luxury cars, swear by.
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While below-the-line comments complaining about the rehousing of Grenfell survivors in 'luxury' flats exposed a general dearth of empathy in the dark corners of the internet, The Mail and The Sun have an interest in blame being contained within Grenfell itself.
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A pick-up in luxury spending has also been observed, with watch retailer Hengdeli Holdings Limited (B+/Rating Watch Negative) benefiting from its China retail segment turning positive in 2H16, compared with a decline of 8.9% in 1H16 following declines since 2013.
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"Maduro's regime was built on fraudulent elections, and his inner circle lives in luxury off the proceeds of corruption while the Venezuelan people suffer," Treasury Secretary Steven MnuchinSteven Terner MnuchinFive key players in Trump's trade battles Pelosi warns Mnuchin to stop 'illegal' .
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During much of that time, his son, the heir to Thailand's throne, was far from the kingdom, flying around Europe in his Boeing 737 and ensconced in luxury villas and hotels amid the misty lakes and mountains of southern Germany and Austria.
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According to Business Insider, Musk's net worth is a little over $20 billion, so it's not clear why he wouldn't volunteer to pay an artist for putting his work in luxury electric cars made by a company valued at over $50 billion.
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"As their 'luxury industry visit,' I'm more than happy to guest lecture them on the state of the luxury market in Miami and abroad and give them tips to achieving their own success in luxury real estate when they return home," Puig said.
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Whereas Crazy Rich Asians gussied up Asian modernity in luxury fabrics and candied colors, The Farewell calls to mind the portentous aesthetic of Jia Zhangke, a Chinese filmmaker renowned for chronicling the changes that convulsed his country after Deng Xiaoping opened its economy.
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Much of the account shows a gallery of a young influencer living her best life: posing in a helicopter, staying in luxury hotels, trailing Trump in Paris as he visited Emmanuel Macron, flaunting a $5,800 Chanel handbag, and posting the occasional inspirational quote.
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Local 32BJ of the Service Employees International Union, for example, held a rally in Midtown earlier this month calling on the governor to sign bills that would raise wages for service workers in buildings owned by utilities and in luxury condos and coops.
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Among the more than 22018,22282 condo units across 2258 new buildings completed in New York City since 222008, one in four remain unsold, or roughly 25,23 apartments — most of them in luxury buildings, according to a new analysis by the listing website StreetEasy.
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Mr. Mugabe morphed into a caricature of dictatorship: vain and capricious, encircled by the flashy spending of his second wife and other family members, who lived in luxury at home and went on shopping sprees and long annual vacations in the Far East.
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The United States men's national teams for the Olympics and the world championship have largely been made up of players from the N.H.L. For Olympic years, the N.H.L. has negotiated exclusive benefits, including rooms in luxury hotels rather than in the Olympic Village.
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Read more:Stylists and designers reveal the 11 trends we'll be seeing everywhere in 2020The worst fashion trend from every year of the past decadeThe 4 biggest trends in luxury fashion for 20209 fashion trends from the early 2010s that are already coming back
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"For a long time the world of high fashion, runways, and top models who smile at us from ads in luxury publications and who appear in the most influential TV commercials around the world was nearly unattainable for Slovenian girls," the magazine wrote.
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Shares in Germany's biggest bank, in the midst of sweeping changes to reboot its business, dived more than 4% after it reported a bigger than expected loss, while those in luxury car maker Aston sank 23% after it cut its annual forecast for wholesale sales.
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BEIJING/SHANGHAI (Reuters) - Swiss watchmaker Audemars Piguet is on track to hit 1 billion Swiss francs ($1.04 billion) in global sales this year, the firm's chief executive said in an interview in Beijing, amid a revival in luxury demand in China driving up watch sales.
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The penultimate room features dozens of looks, from gowns to a sneaker, by many of the most famous names and dominant luxury brands in operation today, cataloging the growing creative tension in luxury between simplicity and excess, and the commercial spending power of modern women.
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Italian businesspeople have grown nervous about French firms' "colonisation" by means of acquisitions in luxury goods, media and telecoms, including the €20153bn ($55bn) merger between Luxottica, an Italian maker of spectacles, and France's Essilor, announced in January (the group's headquarters will be in Paris).
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Business Insider's Hillary Hoffower recently reported on the trend of golf homes making a comeback in the US, thanks to a technique commonly seen in luxury apartment buildings: offering lavish amenities (and ones that have nothing to do with golf), like casinos and horseback riding.
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There is a place for athletes to relax in luxury, some bit of imported culture from their native land, a showcase for business opportunities in the country, and, most importantly, they say, a dedicated spot for athletes who medal to be celebrated for their accomplishments.
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While tax changes play a role in this decline, it's also part of a broader trend in which the wealthy are saving more and spending less in luxury retail, classic cars, art, and houses — and it could "trickle down" to a recession, he said.
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Whereas one year earlier, Parnas was telling his wealthy contacts that he was short on cash and needed loans, he was now living the high life — surrounded by bodyguards, traveling in luxury SUVs and jetting up and down the East Coast on private chartered planes.
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But at least one luxury retailer on Madison Avenue said that amount spread over six years — an average of $22016,2420 per year — amounts to a large but not unprecedented annual outlay for a shopper of the 2000 percent interested in luxury tailoring and clothes.
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Purchases have slowed, especially at the top end of the market, after a boom in luxury condo construction left a glut of higher-end apartments that allowed buyers to be more discerning, Mr. Miller and Hall F. Willkie, the president of Brown Harris Stevens, said.
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Her mother was until 2016 a senior systems analyst at Peoples Education, an educational publishing firm in Saddle Brook, N.J. The groom, also 32, is a luxury sales manager at Remote Lands, a tour operator in Manhattan that specializes in luxury travel to Asian countries.
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Managers in luxury hotels and guest houses around the Taj Mahal said last minute cancellations during the festive season have further dampened business sentiment at a time when the country's economic growth has slowed to 4.5%, its slowest pace in more than six years.
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Mr. Jones has not been charged by the Justice Department but has come under scrutiny as federal prosecutors have found union officials from a regional office he previously headed charged more than a million dollars in luxury travel and personal spending to the union.
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The main index was also hurt by a near 4% drop in ad firm WPP after French rival Publicis cut its sales view for the second time, and a 3.4% fall in luxury brand Burberry after German rival Hugo Boss cut its annual forecast.
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Managers in luxury hotels and guest houses around the Taj Mahal said last minute cancellations during the festive season have further dampened business sentiment at a time when the country's economic growth has slowed to 4.5%, its slowest pace in more than six years.
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After earning a master's in luxury marketing at the Institut Supérieur de Marketing du Luxe (known as the Sup de Luxe) in Paris, he worked in the Paris offices of Cartier (which founded the Sup de Luxe in 1990) and Vacheron Constantin, then joined Piaget in Paris.
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Their adventure in luxury squatting lasts for three days, during which they do all the illegal things that most museum visitors only fantasize about, like lounging in Marie Antoinette's lounge chair, bathing in the Fountain of the Muses, and using Roman sarcophagi as personal storage units.
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On a like-for-like basis, which strips out currency swings and acquisitions, sales in the mass market division expanded by 3.3 percent in the first quarter, up from 2.8 percent a quarter earlier - but dwarfed by the more than 14 percent growth in luxury brands.
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Image 2 of 2 SINGAPORE – President Donald Trump and North Korea&aposs Kim Jong Un spent Monday huddling with advisers in luxury Singapore hotels less than half a mile apart, readying for a nuclear summit that could define the fate of millions, and their own political futures.
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PARIS, July 24 (Reuters) - Remy Cointreau said it had started looking for a new chief executive, who it wanted to have a "good knowledge" of the spirits sector and/or a "recognised expertise" in luxury in order to continue a strategy focused on high-end brands.
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What it'll look like in your closet: Grape leather could show up in luxury "leather" handbags, shoes, and outerwear in the same way that mushroom leather has already probably found its way into your closet (if you own Stella McCartney skin-free skin, you own mushroom leather!).
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"We're not better than last year from a personnel standpoint," he added—a punch in the gut to owner Dan Gilbert, who has paid $61 million in luxury tax penalties alone over the past two years trying to build a roster worthy of the NBA's biggest star.
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In luxury hotels like the Fairmont Makkah Clock Royal Tower and the Raffles Makkah Palace, views of the holiest site of Islam are marketed as the "Haram view" and "Kaaba view," and a standard room can run anywhere from $1,500 to $2,700 a night during the hajj.
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Increasingly across the U.S. companies such as Sacramento, California-based Luxer One are setting up locker systems in luxury apartment complexes, office buildings and retail operations, where packages can safely be kept (typically for a small fee), hopefully preventing so-called porch pirates or other delivery mishaps.
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As if things weren't already QVC enough, The Jim Bakker Show also sells cheap jewelry, forcing the man who used to travel the world in luxury meeting with all manner of celebrities to debase himself by pretending he gives a solitary fuck about tacky cross bracelets.
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Early in the trial, Judge Walls made it clear that he was not going to let any of the salacious rumors work their way into his courtroom, nor what he viewed as loaded references to Mr. Menendez's decisions to stay in luxury hotels with a female friend.
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The four big tech companies "attract thousands of out-of-state employees with advanced degrees and work experience, and drive unprecedented influxes in luxury rentals, rent hikes, and the flipping of buildings and private homes," said Kiana Davis, a policy analyst at the Urban Justice Center.
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PARIS — Back in 2008, Fany Péchiodat, a stylish brunette with an unfussy elegance who worked in luxury perfume marketing, began sending friends an email with Paris tips: florists, shops, restaurants, the best benches for thinking, what book to read to pass the time during a transit strike.
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Meanwhile, staff preparing a lavish party for François Pinault, an art collector, a major investor in luxury-goods firms, a backer of Mr Hirst's show and the owner of Christie's auction house, became anxious lest the 50 lemon trees brought in to decorate the venue looked less than fruitful.
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In 2016 other departments agreed to help penalise these people by preventing them from buying plane or bullet-train tickets or staying in luxury hotels, as well as joining the civil service, taking senior jobs in state-owned firms or starting companies in the food or drugs industries.
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Why it matters: The decade-long boom in luxury retail is slowing, but Neiman Marcus' struggles are also related to it being acquired by private-equity groups that saddled the firm with nearly $5 billion in debt, and which has hindered the company's ability to finance long-term investments.
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But Jason Friedman, a real estate broker who also specializes in luxury housing on the north shore, said a building boom that began a couple of years ago in the area in response to the surge in Chinese buying interest is starting to weigh on the market now.
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But Jason Friedman, a real estate broker who also specialises in luxury housing on the north shore, said a building boom that began a couple of years ago in the area in response to the surge in Chinese buying interest is starting to weigh on the market now.
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Federal prosecutors say that in exchange for Mr. Menendez's help, the friend, Dr. Salomon Melgen, an ophthalmologist in Florida, provided Mr. Menendez with lavish gifts, including rides on his private planes, rooms in luxury hotels and hundreds of thousands of dollars in contributions to the senator's campaign efforts.
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Three British men were eventually arrested and pleaded guilty to using stolen credit cards to buy more than $18,000 in luxury goods and having them shipped to the hotel, but neither Mr. Blake nor the man he was mistaken for, Sean Satha, had anything to do with the crime.
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But JLL is now starting to see the prospects of a turnaround – at least at the top end of the market – and is forecasting a 21-250 percent increase in luxury prices this year, citing demand from both locals and foreigners who feel the market is bottoming out.
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To retain Thompson and Durant with Curry and Green — a trade candidate if ownership decides the luxury tax bill is too steep — plus carry the rest of the 12-man roster, the Warriors need to be willing to pay more than $1 billion in luxury taxes over the next five years.
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Their artfully arranged shots of brunch dishes at five-star restaurants are taken from above the table by standing on a chair; their breakfast in bed photos in luxury hotel rooms are framed on white Egyptian cotton sheets, and their newest accessories and beauty products are displayed on marble countertops.
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Fantasy Island asks us to question the obsolete utopias sold to us in luxury real estate advertisements — in particular, the ones that call on Modernism's tropes of order, harmony, and structural integrity to sell a miraculous experience, while denying the disorder they wreak in co-opted cultural, economic, and environmental landscapes.
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The issue for Trump is why BMW, Audi and Mercedes have either built or are building final assembly plants in Mexico instead of expanding their production in the U.S. Those plants south of the border will build models that will eventually wind up in luxury showrooms north of the border.
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Show visitors this week will also see the largest-ever Mini car offered by Germany's BMW AG and a bevy of trucks and SUVs that Detroit automakers General Motors Co, Ford Motor Co and Fiat Chrysler Automobiles NV will promote in luxury electric car maker Tesla Motors Inc's home state.
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ALEXANDRIA, Va. — A day after describing in detail how millions of dollars in payments from Ukrainian oligarchs enabled Paul Manafort to live in luxury through 2403, federal prosecutors outlined on Thursday how his financial fortunes reversed so sharply in subsequent years that he made his Manhattan condominium available on Airbnb.
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But the relatively high price of the smartphones (about $920 in South Korea or 1,000,000 won) means handing them out to the 22 North Korean or four Iranian athletes competing this year or other officials accompanying them could potentially violate prohibitions on trading in luxury goods with either country, per the AFP.
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"While some of our clients have owned yachts in the past, the allure of charter is that they have the freedom to choose any charter destination, anywhere in the world, selecting from a choice of different yachts," said Jeni Tidmarsh, director of Luxury Charter Group, a global company specializing in luxury yacht charters.
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WATCH THIS: Home Hack: Make a Last-Minute Centerpiece with Things You Already Own What the room lacks in coziness, it makes up for in luxury, with features like neutral chandeliers that "add dimension," but don't interfere with "the cool design of the ceiling," and a coffee table with an impressive backstory.
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It's a sequence about basking in luxury, and in the certainty that the best way to do so is to steal, because attempting to access such rarefied spaces and things by way of hard work is a rigged fool's game — and isn't that the reason we love stories about scammers in the first place?
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But what was not expected in the least is that the Apple Watch — the device that you bought six months ago and is now sitting in your night stand — would be considered a bigger name in luxury watchmaking than the legendary watch brand that adorns the wrists of people with taste across the globe.
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The launch of the three-story food hall, in the well-heeled 16th district of western Paris, comes amid a wave of investment in luxury stores and hotels in the French capital by LVMH and other firms hoping to profit from a recovery in tourist traffic following a wave of deadly Islamist militant attacks.
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" She has "sexy, majestic long blonde hair," her makeup is "on point" and she carries a "$2,000 Gucci bag" and "lives in luxury": In another iteration, Becky is a feminist who "will likely die [sic] her hair green, pink, or blue after attending college" and "posts provocative pictures because she needs attention" despite being a "0003/10.
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WASHINGTON — Scott Pruitt, the Environmental Protection Agency administrator, insisted on staying in luxury hotels that were costlier than allowed by government standards, while also pushing to fly on an airline not on the government's approved list so he could accrue more frequent flier miles, one of his top former deputies at agency has told congressional investigators.
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Whether it's renting a mansion in Turks and Caicos for your 19th birthday (Kylie), renting a mansion in Mexico for a post honeymoon honeymoon (Kim), renting a mansion in Malibu for the 4th of July (Kendall), or, just to switch it up, renting a mansion for everyone in Costa Rica, this family knows how to relax in luxury.
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Investindustrial's Italian founder Andrea Bonomi told Reuters earlier this month that the buyout firm, which also has investments in luxury carmaker Aston Martin and shoemaker Sergio Rossi, was in the race for The Body Shop.. The firm worked with GP Investments on an eventually unsuccessful joint bid for French holiday resorts operator Club Med back in 2014.
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SZ) - Shenzhen DENZA New Energy Automotive - jv between BYD Auto and Daimler AG specializing in luxury electric cars - Faurecia plans to set up a 70/30 percent joint venture with Chinese electric car maker BYD, which will be principally engaged in R&D and production of advanced seat system solutions for BYD's car brands Changan Automobile (Group) (000625.
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Back in 33, Fisker's Karma plug-in luxury sedan fell flat on the market, bungled by quality issues and perhaps Elon Musk stealing the posh electric car show with the Model S. The Karma sort of lives on as the Karma Revero, but Fisker the man moved on to another project, and wanted nothing more than change — and also a challenge.
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Read more: A travel company is paying someone to explore the Greek islands and stay in luxury hotels while taking Instagram photos on a free phone — and they can bring a friend"Due to an influx of properties for listing on the website, we need a luxury home tester to get on top of the growing stack of approval requests," Aaron Harpin, HushHush.
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"Between the issues with our economy and string of terror attacks, it is no secret that France has become a tough trading market for everyone in luxury as of late — all of Place Vendôme has been suffering," he said, adding that retail foot traffic had roughly halved in the first half of this year in the country's most upmarket and expensive shopping destination.
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Linda G. Levy, the president of the Fragrance Foundation, an organization that promotes and supports the perfume industry, has noticed lavender as a highlighted ingredient in luxury fragrances like Libre, new from YSL, as well as popular perfumes like Ariana Grande's Cloud, which features a top note of lavender and won the foundation's fragrance of the year award this past June.
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Facebook, an outgrowth of a Harvard student's juvenile attempt to quantify the attractiveness of his classmates, now claims to have been motivated by a virtuous impulse to connect the world; Uber, created by two tech entrepreneurs who wanted to zoom around San Francisco in luxury cars, later tried to convince people that it wanted to provide affordable mobility to the masses.
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Uncertainty around the election spooked wealthy home buyers in the fourth quarter, continuing 224's slowdown in luxury real estate, according to several new reports Sales in the Hamptons, Aspen and Los Angeles fell by double-digit percentages in the fourth quarter, as the supply of unsold homes grew and prices came under pressure, according to market reports Douglas Elliman and Miller Samuel Real Estate Appraisers & Consultants.
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Dr. Melgen's wife, Flor Melgen, was alternately subdued and defiant in answering questions about the relationship between her husband and Mr. Menendez, a Democrat from New Jersey, who is accused of wielding his political influence to benefit the doctor's business and personal interests in return for flights on Dr. Melgen's private jet, stays in luxury hotel rooms and hundreds of thousands of dollars in campaign contributions.
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For nearly a decade, federal prosecutors said, a former senior official at the Staten Island district attorney's office used his agency's American Express card to buy himself and his family more than $400,5003 in luxury gifts, resort vacations and even an extensive knife collection, hiding the transactions by logging them under the internal billing code his office used to pay informants and conduct surveillance operations.
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Due, in part, to the recent uptick in luxury streetwear brands such as Palace and Supreme; the collapse of the catwalk into Instagram drops and Balenciaga Triple S sneakers; and men realizing they don't have to dress in the same three T-shirts (white, blue, white with blue stripes), it's a relatively new trend—scumbros only started appearing, slightly dazed and stepping out of an Uber, around this time last year.
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Read more:The world's first Instagram 'sleep influencer' told us about his life of snoozing in luxury hotels and jet setting across the globeWe tried Pumpkin Spice Lattes from 4 major chains, and 7-Eleven was the clear winnerAn artist's paintings of fish and other animals are so detailed they look just like the real thing10 destinations people are flocking to this fall that you've probably never heard of
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Read more:The world's first Instagram 'sleep influencer' told us about his life of snoozing in luxury hotels and jet setting across the globeWe tried Pumpkin Spice Lattes from 4 major chains, and 7-Eleven was the clear winnerA 'MasterChef' winner called a vegan customer a d--- after they complained about his restaurant's lack of meatless optionsRegional fall foods in the US that everyone should try in their lifetime
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Read more: Outdoor yoga decks, private parks, and 'tranquility gardens' are the hottest new thing in luxury buildings, and it signals a change in status symbols among the wealthyLuxury apartments are using perks and amenities to attract buyersAs high-end real estate continues to linger on major markets across the US — including in NYC, LA and Miami — luxury developers are turning to increasingly lavish amenities to entice buyers.
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Though Kim Jong-il was infamous internationally for his ruthlessness and taste in luxury goods, Michael Madden, an expert on North Korean leadership and a contributor to the Johns Hopkins-affiliated North Korea analysis website 38 North, said the late leader tended to shun public appearances on his birthday, preferring to portray himself as a man of the people who would rather inspect a factory or military site than celebrate himself.
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I remember way, way, way back when The Good Place debuted — before we even knew the Good Place was the Bad Place — I asked creator Michael Schur at a press conference if the show was meant to function as a kind of income inequality metaphor, with a handful of people having a bunch of arbitrarily defined "points" that let them live in luxury while others are forced to rot in torment.
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The improvement in luxury demand is consistent with observations from other retailers starting in 4Q16, driven by a wealth effect from higher property prices, narrower gaps between domestic and international prices and a curb on overseas purchases EBITDA margin for the continuing operations declined slightly in 2016 due to lower gross margin in Hong Kong from inventory clearance, but distribution costs and administrative expenses was maintained at a stable level of 18% relative to sales.
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The company has opened its first boutique in the United States, in SoHo, on a stretch of West Broadway that we'll soon have to designate Little Frenchtown: Two doors down is Bonpoint, maker of tulle underskirts and leopard cloche hats for the children of Francophile parents; and next door is Ladurée, the patisserie where you can watch stoic chauffeurs in black Escalades pull up to the curb and deposit thin women in luxury apparel for a midweek macaron bender.
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One of Bonetti's meditations read: "Let us think of all those children in various parts of the world who cannot go to school but are instead exploited in mines, fields and fisheries, bought and sold by human traffickers for organ harvesting, used and abused on our streets by many, including Christians ...," She wrote of seeing "men in luxury cars lined up to exploit" young woman forced into prostitution shortly after they arrive in Italy, where many African migrants wash up, hoping for a fresh start only to be snared by traffickers and pimps.
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