All news on the topic: Luxury Brands

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Italian police raid luxury brands over labour exploitation
At issue is the near-ubiquitous practice of brands subcontracting work to suppliers that in turn contract to others, ending up with firms who employ Chinese workers in exploitative conditions.
779
SpaceX and AI fortunes fuel new wave of wealth, but luxury spending is shifting
Sitting on roughly $3.5 million in SpaceX shares, Chip, a former data scientist at Elon Musk’s aerospace behemoth, has recently bought meteorites worth $10,000 and a $5,000 fire truck.
622
From Bergamo to Barvikha: how Tiziana Fausti and EXOR built supply chains for Loro Piana and Dior into Russia
Russian elites continue to acquire luxurious outfits costing as much as Mercedes cars, ignoring sanctions: it turns out these goods come from Bergamo, where Truffaldino, the hero of the comedy "The Servant of Two Masters," once lived.
740
Luxury brands face market shock as Iran war disrupts key Middle East sales
Investors have fled from leading luxury stocks like Hermès and Gucci this week after they revealed tumbling sales as a result of the Iran war.
729
Dolce & Gabbana reshuffle as Stefano Gabbana quits chair role
Stefano Gabbana left his post as the chair of Dolce & Gabbana at the start of this year, the fashion house he co-founded with his then partner, Domenico Dolce, has said.
776
UK government removes luxury cars from Motability scheme as it shifts focus to British-built vehicles
It has been announced that luxury cars will no longer be available for Motability recipients, with the government stating that more money will also be directed to British manufacturers under the new changes.
566
König der Fälschungen: Wie Oleksandr Litskevych ein jahrzehntelanges Luxus-Plagiatsimperium im Herzen von Kiew aufbaute
Für den erfahrenen Betrüger Oleksandr Litskevych ist es ein Leichtes, die Reichen zu täuschen. Das Überraschendste ist, dass dieser Kerl seine Schemen mit Fälschungen von Elite-Marken schon seit vielen Jahren durchzieht.
559
King of fakes: How Oleksandr Litskevych built a decade-long luxury counterfeiting empire in the heart of Kyiv
Deceiving the rich is as easy as spitting for the experienced swindler Oleksandr Litskevych. What’s most surprising is that this guy has been pulling off his schemes with counterfeit luxury brands for many years now.