Showing 13 to 24 of 76 results
Trump Slaps 39% Tariff on Swiss Goods, Hitting Luxury Brands
President Trump imposed a 39% tariff on Swiss exports to the US, impacting luxury goods like watches, chocolate, and cheese, exceeding previous proposals and creating a significant disadvantage for Swiss exporters compared to EU counterparts. The move prompted outrage from Swiss officials and indust...
Trump Slaps 39% Tariff on Swiss Goods, Hitting Luxury Brands
President Trump imposed a 39% tariff on Swiss exports to the US, impacting luxury goods like watches, chocolate, and cheese, exceeding previous proposals and creating a significant disadvantage for Swiss exporters compared to EU counterparts. The move prompted outrage from Swiss officials and indust...
Progress
48% Bias Score
Mercedes-Benz Unveils First All-Electric Station Wagon
Mercedes-Benz launched the all-electric CLA Shooting Brake, its first electric station wagon, offering a range of 761 kilometers per charge and featuring a new MMA platform designed for both electric and hybrid powertrains; the car also includes a 101-liter storage space under the hood.
Mercedes-Benz Unveils First All-Electric Station Wagon
Mercedes-Benz launched the all-electric CLA Shooting Brake, its first electric station wagon, offering a range of 761 kilometers per charge and featuring a new MMA platform designed for both electric and hybrid powertrains; the car also includes a 101-liter storage space under the hood.
Progress
40% Bias Score
Louis Vuitton Suspected in €3 Million Money Laundering Scheme
The Dutch public prosecution service is investigating Louis Vuitton for money laundering after a Chinese woman allegedly used its stores to launder around €3 million through multiple cash purchases below the reporting threshold, aided by a suspected Louis Vuitton staff member; the funds originated f...
Louis Vuitton Suspected in €3 Million Money Laundering Scheme
The Dutch public prosecution service is investigating Louis Vuitton for money laundering after a Chinese woman allegedly used its stores to launder around €3 million through multiple cash purchases below the reporting threshold, aided by a suspected Louis Vuitton staff member; the funds originated f...
Progress
52% Bias Score
Superyacht Boom: Post-Pandemic Surge in Luxury Vessel Construction
Post-pandemic, the superyacht industry boomed, with 1,203 new superyachts built or ordered in 2023—a record high—as the wealthy sought safer, more private travel options; Italy leads in construction, earning €8.3bn in 2023.
Superyacht Boom: Post-Pandemic Surge in Luxury Vessel Construction
Post-pandemic, the superyacht industry boomed, with 1,203 new superyachts built or ordered in 2023—a record high—as the wealthy sought safer, more private travel options; Italy leads in construction, earning €8.3bn in 2023.
Progress
44% Bias Score
Russia's Sanctions-Circumventing Parallel Imports Flourish
Despite sanctions, Western goods like Kellogg's cornflakes and luxury cars are widely available in Moscow via parallel imports through third countries, showcasing the resilience of informal trade networks and limitations of sanctions.
Russia's Sanctions-Circumventing Parallel Imports Flourish
Despite sanctions, Western goods like Kellogg's cornflakes and luxury cars are widely available in Moscow via parallel imports through third countries, showcasing the resilience of informal trade networks and limitations of sanctions.
Progress
52% Bias Score
Bulgari Expands Valenza Facility, Creates World's Largest Jewelry Manufactory
Bulgari opened a significantly expanded jewelry manufacturing facility in Valenza, Italy, increasing its size from 14,000 to 33,000 square meters, creating the world's largest single-company jewelry production site and adding jobs to address growing market demand.
Bulgari Expands Valenza Facility, Creates World's Largest Jewelry Manufactory
Bulgari opened a significantly expanded jewelry manufacturing facility in Valenza, Italy, increasing its size from 14,000 to 33,000 square meters, creating the world's largest single-company jewelry production site and adding jobs to address growing market demand.
Progress
44% Bias Score
Trump Proposes 35% Tariff on Swiss Imports
President Donald Trump proposed a 35% tariff on Swiss imports, including luxury goods and medical devices, by August 7, 2024, potentially raising prices for American consumers. This follows similar negotiations with other countries, but Switzerland faces one of the steepest proposed tariffs.
Trump Proposes 35% Tariff on Swiss Imports
President Donald Trump proposed a 35% tariff on Swiss imports, including luxury goods and medical devices, by August 7, 2024, potentially raising prices for American consumers. This follows similar negotiations with other countries, but Switzerland faces one of the steepest proposed tariffs.
Progress
40% Bias Score
European Luxury Market Booms to €110 Billion, Driven by TikTok and Emotional Consumption
The European luxury market reached €110 billion in 2024 due to post-pandemic tourism, favorable exchange rates, and emotional consumption; TikTok's influence and the rise of self-gifting are key factors.
European Luxury Market Booms to €110 Billion, Driven by TikTok and Emotional Consumption
The European luxury market reached €110 billion in 2024 due to post-pandemic tourism, favorable exchange rates, and emotional consumption; TikTok's influence and the rise of self-gifting are key factors.
Progress
44% Bias Score
Polish Luxury Market Surges 24%, Driven by TikTok and Changing Consumer Preferences
The Polish luxury market experienced a 24% year-over-year growth in 2023, exceeding the European average, driven by post-pandemic tourism, favorable exchange rates, and a younger generation prioritizing self-gifting and authentic brand experiences amplified by TikTok.
Polish Luxury Market Surges 24%, Driven by TikTok and Changing Consumer Preferences
The Polish luxury market experienced a 24% year-over-year growth in 2023, exceeding the European average, driven by post-pandemic tourism, favorable exchange rates, and a younger generation prioritizing self-gifting and authentic brand experiences amplified by TikTok.
Progress
48% Bias Score
De Meo Resigns from Renault, Joins Kering Amidst Luxury Industry Crisis
Luca de Meo, former CEO of Renault, resigned to become CEO of Kering, a luxury goods company struggling with decreased Chinese demand and US market uncertainty; Renault's stock fell 8.5%, while Kering's rose 12% upon the news.
De Meo Resigns from Renault, Joins Kering Amidst Luxury Industry Crisis
Luca de Meo, former CEO of Renault, resigned to become CEO of Kering, a luxury goods company struggling with decreased Chinese demand and US market uncertainty; Renault's stock fell 8.5%, while Kering's rose 12% upon the news.
Progress
40% Bias Score
Bill Koch Auctions 8,000 Bottles of Rare Wine for Nearly $15 Million
American businessman Bill Koch is auctioning nearly 8,000 bottles of fine wine, including rare vintages of Petrus, Mouton Rothschild, and Domaine de la Romanée-Conti, at Christie's in New York from June 12th to 14th, for an estimated \$15 million, reflecting the enduring allure of rare wines despite...
Bill Koch Auctions 8,000 Bottles of Rare Wine for Nearly $15 Million
American businessman Bill Koch is auctioning nearly 8,000 bottles of fine wine, including rare vintages of Petrus, Mouton Rothschild, and Domaine de la Romanée-Conti, at Christie's in New York from June 12th to 14th, for an estimated \$15 million, reflecting the enduring allure of rare wines despite...
Progress
40% Bias Score
Trade Uncertainty Triggers Global Market Sell-Off
President Trump's accusation that China violated their trade agreement and his announcement of increased tariffs on steel and aluminum, coupled with the ECB's expected interest rate cut, caused a renewed sell-off in the luxury market and broader market declines, highlighting the uncertainty and inst...
Trade Uncertainty Triggers Global Market Sell-Off
President Trump's accusation that China violated their trade agreement and his announcement of increased tariffs on steel and aluminum, coupled with the ECB's expected interest rate cut, caused a renewed sell-off in the luxury market and broader market declines, highlighting the uncertainty and inst...
Progress
44% Bias Score
Showing 13 to 24 of 76 results