Tag #Luxury Goods

Showing 61 to 72 of 76 results

smh.com.au
🌐 85% Global Worthiness
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Luxury Goods Seized in Australian Crime Raids Highlight Money Laundering Trend

Australian police have seized over $10 million worth of luxury goods, including watches and handbags, from organized crime groups in recent raids; this highlights the growing trend of criminals using luxury goods to launder money and evade detection.

Progress

48% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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WGI Tokenizes \$3 Billion in Luxury Goods on Hedera Blockchain

The World Gemological Institute (WGI) is partnering with Vaultik to tokenize \$3 billion in diamonds and luxury goods using Hedera blockchain, enhancing security, transparency, and insurance within the luxury market, addressing fraud and inefficiency.

Progress

44% Bias Score

Reduced Inequality
forbes.com
🌐 65% Global Worthiness
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Top 20 Award-Winning Gins Reflect Premium Gin Market Growth

Twenty top-award-winning gins, representing less than 0.1% of the market, showcase diverse flavor profiles and highlight the premium gin segment's growth.

Progress

48% Bias Score

Responsible Consumption and Production
euronews.com
🌐 75% Global Worthiness
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French Stocks Underperform Amidst Political Uncertainty and Global Economic Headwinds

French stocks are experiencing potentially their worst year since 2008 due to investor concerns about political instability, trade wars, and a cost of living crisis; the CAC 40 index is down 3% year-to-date, underperforming compared to other major European indexes such as the Stoxx 50 (up 7.96%) and...

Progress

44% Bias Score

Decent Work and Economic Growth
euronews.com
🌐 85% Global Worthiness
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BMW Sanctions Violation Highlights Challenges of Russia Trade Restrictions

BMW admitted to selling over 100 luxury cars to Russia, violating EU and US sanctions; the company fired employees and paused deliveries, highlighting the challenge of enforcing sanctions due to "grey market" imports via third-party countries.

Progress

40% Bias Score

Peace, Justice, and Strong Institutions
forbes.com
🌐 85% Global Worthiness
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Portugal's Artisan Shoemaking: A Blend of Tradition and Sustainability Fuels Global Success

Portugal's 40,000-strong footwear industry blends traditional craftsmanship with modern technology, focusing on sustainability and high-quality materials to create durable, comfortable shoes, resulting in a competitive global advantage, especially within the EU which accounts for 80% of its exports.

Progress

40% Bias Score

Responsible Consumption and Production
kathimerini.gr
🌐 85% Global Worthiness
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Richemond Sales Surge 10% in Q4 2024, Defying Luxury Market Slump

Richemond, a luxury goods company, reported a 10% sales increase in Q4 2024, exceeding analysts' 1% prediction, driven by strong Cartier jewelry sales in America and Europe, suggesting a potential recovery in the luxury sector.

Progress

44% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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Audemars Piguet Drops Gendered Marketing to Target Women as Key Growth Driver

Audemars Piguet, a Swiss luxury watch brand, is dropping gender distinctions in its marketing and sales to capitalize on women becoming the biggest growth driver of luxury watch sales, a market expected to reach $35 billion by 2032.

Progress

44% Bias Score

themoscowtimes.com
🌐 85% Global Worthiness
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Russia's Luxury Goods Market Defies Sanctions

Despite sweeping Western sanctions following Russia's February 2022 invasion of Ukraine, Moscow's affluent shoppers still readily access luxury Western goods through informal trade networks involving countries like Kyrgyzstan and Kazakhstan, highlighting the limitations of sanctions enforcement and ...

Progress

52% Bias Score

Reduced Inequality
es.euronews.com
🌐 85% Global Worthiness
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BMW Sanctions Violation Exposes 'Grey Market' Challenges

BMW admitted selling over 100 luxury cars to Russia, violating EU sanctions prohibiting the export of luxury vehicles with engines larger than 1900cc; the company fired responsible employees and paused future deliveries, highlighting difficulties in enforcing sanctions via a 'grey market' using thir...

Progress

32% Bias Score

Peace, Justice, and Strong Institutions
forbes.com
🌐 65% Global Worthiness
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Affordable Luxury: High-Quality Champagnes and Sparkling Wines Under $100

The article highlights that many high-quality Champagnes and non-Champagne sparklers are available at affordable prices, debunking the myth that only expensive options are worthwhile, with examples ranging from Veuve Clicquot to Italian Franciacorta Berlucchi 61.

Progress

48% Bias Score

Responsible Consumption and Production
thetimes.com
🌐 75% Global Worthiness
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2015 Champagne Releases Highlight Climate Change Adaptation

In 2015, several prestigious Champagne houses, including Moët & Chandon, Bollinger, and Cristal Rosé (celebrating its 50th anniversary), released exceptional vintages, showcasing the industry's adaptation to changing climate conditions.

Progress

48% Bias Score

Responsible Consumption and Production

Showing 61 to 72 of 76 results