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Tourist spending across Europe fell by 68%, with Italy seeing a massive 96% fall, UBS says

The UN's World Tourism Organization has described tourism as one of the industries "hardest-hit" by COVID-19.
Parisian fashion house Louis Vuitton is the best-known subsidiary of luxury goods giant LVMH.

The luxury sector could see a 20% fall in first-quarter revenue and an ‘even worse’ second quarter, analysts warn

According to an in-depth report from Bank of America, the revenue declines experienced by luxury goods companies will range between 3% and 31% during the first quarter of 2020.

Luxury goods giants LVMH and Kering are backtracking on a plan to accept government assistance for staff

The luxury goods giants had initially placed staff on the French government's "partial activity" scheme.

Stocks are sinking on fears of the deadly virus in China — ‘Markets are worried about this spreading to more cities’

Travel, retail, luxury, and airline stocks fell on concerns of a coronavirus outbreak. Millions will travel across Asia this weekend for Chinese New Year.
Goop's brick-and-mortar at 2121 Fillmore St.

The $250 million wellness titan Goop opened a new store in San Francisco, complete with $600 cardigans and ‘psychic vampire repellent.’ Ta...

Goop has found a new market in San Francisco, which is reportedly the wellness brand's fourth-largest market in terms of readership.

LVMH chief told Trump a deal was in the works before finalizing Tiffany’s takeover

"I told the president I would buy something significant in the US, but I didn't tell him the name," Bernard Arnault told the Financial Times.

Tiffany soars 28% after Louis Vuitton made a $14.5 billion bid for the company

The bid would put Tiffany at $120 a share according to Bloomberg.

7 private jets, a Monet painting, and a £1 million Cartier diamond ring — here are some of the wildest purchases made with dirty money in t...

Criminals splurged millions on homes, superyachts, cars, clothes, and other luxuries, Transparency International UK found.
I went to The Bravern, the most expensive mall in Bellevue and a Microsoft campus, to see what it's like to shop there.

This Seattle-area luxury mall caters to tech moguls and ultra-rich tourists. Here’s what it’s like to shop there.

I went shopping at The Shops at Bravern, a high-end shopping mall in one of the richest communities in America. Here's what it was like.
I went to The Bravern, the most expensive mall in Bellevue and a Microsoft campus, to see what it's like to shop there.

This Seattle-area luxury mall caters to tech moguls and ultra-rich tourists. Here’s what it’s like to shop there.

I went shopping at The Shops at Bravern, a high-end shopping mall in one of the richest communities in America. Here's what it was like.