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Luxury News

French luxury giants dive into Silicon Valley

Paris - Steve Jobs may have been a tech genius, but he clearly didn't care much for fashion.

Self-destructive behaviour: Burberry not alone

Paris - Burberry, which has been in the crosshairs for burning tens of millions of dollars of its products, is far from the only firm to destroy unsold goods to maintain the exclusivity and luxury mystique of their brands.

Stamped out by war and communism, Polish luxury is back

Warsaw - A grey Ferrari comes to a halt in Warsaw and a young woman emerges. Wearing Chanel sunglasses and carrying a little dog, she enters the Raffles Europejski hotel, a symbol of the luxury that has returned to Poland.

Ex-Saint Laurent designer wins huge payout in contract dispute

Paris - Star designer Hedi Slimane has won an 9.3 million euro ($11.5 million) settlement from the luxury group Kering in a court judgement which lifts the lid on how much fashion's big names are paid.

S. Korean cosmetics lay foundation to seduce Europe

Paris - South Korean cosmetics brands, wildly successful at home and across Asia, now have their eye on the European beauty market where their penetration is, for now, only skin-deep.

Women of Colombia's emerald mines shine after smashing taboo

Coper - For decades, women like Rosalba Canon were banned from Colombia's emerald mines: men said they brought bad luck.

Kering no longer for Puma, focus on luxury

Paris - France's Kering said Thursday it would distribute shares in German sporting goods maker Puma to its shareholders to focus exclusively on the luxury sector.

French wine country unveils its answer to kobe beef

Dijon - As the unofficial capital of France's Burgundy region, Beaune is a town that thrives on wine -- and now even its cows are going to taste like grapes.

Mastering manners at Switzerland's last finishing school

Waadt - Eight women sit primly around an elaborately set table making pleasant small-talk about the weather, as immaculately starched waiting staff stand at the ready.

In US, diamonds are a millennial's best friend

New York - Diamonds are making a comeback in America as more millennials fall for crystals long associated with "eternal" love.US diamond demand hit $40 billion in 2016, up 4.

A handbag? For $380k, it's yours

Hong Kong - A diamond-encrusted crocodile-skin Hermes handbag with white gold details has broken the record for the world's most expensive ever sold at auction, fetching nearly US$380,000 at a Hong Kong sale.

Diamond earrings fetch record $57.4-million at Swiss auction

Geneva - Two spectacular diamonds mounted as earrings fetched a record $57.4-million (51.8 million euros) Tuesday at auction in Geneva, with an unnamed Asia-based buyer netting both, Sotheby's said.The earrings were sold as separate lots.

All aboard: luxury Japanese train has bath and fireplace

Toukyo - It's got Michelin-starred chefs, solid cypress bathtubs and a cosy snug complete with roaring fire: the Shiki-Shima could hold its own against any five-star hotel. Not bad for a train.

Gilt-y pleasure: Italian artisan crafts 24-carat gold shoes

Turin - Filthy rich and already boast enough glass slippers to win a dozen princes? Italian shoemaker Antonio Vietri has the thing for you: 24-carat gold shoes.

Monaco on high alert after brazen Cartier heist

Monaco - Monaco police were hunting for two suspects Saturday after a daring afternoon robbery at the famous French jeweller Cartier, prompting a brief lockdown of the tiny principality and jet set haven.

Rare blue diamond goes under hammer in Geneva for $17 million

Geneva - A rare blue diamond on Wednesday sold in Geneva for just over $17 million, as Sotheby's eyed total sales in excess of $100 million at the autumn jewel auctions.The 8.01-carat "Sky Blue" diamond in a Cartier setting was snapped up for $17.1 million (15....

Luxury thrives amid misery in Ukraine's war-torn east

Donetsk - Fancy restaurants and trendy boutiques stand just blocks away from stuffy bomb shelters where survivors hunker down in eastern Ukraine's pro-Russian rebel capital city of Donetsk.

French police smash armed gang over luxury heists in Paris

Paris - Eight men have been charged over heists of millions in luxury goods from Chanel and Chopard boutiques in Paris, a source close to the investigation said Saturday. Robbers made off with one million euros ($1.

Paris thieves steal 3 mn euros in luxury watches

Paris - Two safes containing luxury watches worth three million euros ($3.3 million) have been stolen from a Paris warehouse, police sources said Monday.

Armed robbers hit Chanel boutique in central Paris

Paris - Three robbers with pump-action shotguns raided a Chanel boutique in central Paris on Thursday, fleeing with a large haul of luxury goods, a police source said. The source said the stolen goods were valued at "several hundreds of thousands of euros".

Rare blue diamond aims for record price at Geneva auction

Geneva - A dazzling blue diamond once owned by mining magnate Philip Oppenheimer could fetch a record sale price Wednesday, with auction house Christie's hoping it tops the staggering $48.4 million mark set last year.The 14.

Quality Champagne no riddle for 'remueurs': turn bottles by hand

Reims - In a humid, dimly lit cellar of French Champagne house Ruinart, Cyril Guisant turns by hand some 60 bottles tilted downward in an A-frame-shaped rack.

Asian appetite for luxury boosts global art and jewel auctions

Ginebra - They are not in the room rubbing shoulders with traditional wealthy buyers, instead choosing to remain in the shadows, making their multi-million bids by telephone.

Buses for $5? Failed San Francisco transit startup auctions fleet

San Francisco - Like highly successful startups Amazon and Dropbox and, potentially, Uber and Lyft, Leap Transit started out to disrupt the everyday and make money by adding the Internet to whatever was already going on.

Cannes heist nets 17.5 mn euros in jewels and watches

Cannes - Four robbers who hit a luxury Cartier boutique in the French town of Cannes this week made off with an estimated 17.5 million euros ($20 million) in jewellery and watches, sources close to the investigation said Thursday.

The Apple Watch is "not a threat" to mechanical watches

Lead Apple designer Jony Ive has said that the Apple Watch should not be viewed as a threat by luxury watch manufacturers in a filmed interview designed to uncover Apple's aims with its new wearable device.

Hangover for Bordeaux wines as Chinese demand dries up

Bordeaux - Sales of France's famous Bordeaux wines fell sharply last year, winemakers said on Thursday, blaming a poor harvest in 2013 and rapidly slowing demand in China, its main export market.

Trial over one of world's biggest jewellery heists opens in Paris

Paris - The trial of eight people accused of stealing gems and watches worth more than 100 million euros ($114 million) in a double heist at a Harry Winston jewellery shop kicked off Tuesday in Paris.

Photo essay: Celebrating New Year's Day at Claridge's, London Special

London - Claridge's is a 5-star hotel located on the corner of Brook Street and Davies Street in Mayfair, London. On New Year's Day the hotel is still decorated for Christmas. Digital Journal paid a visit.

Luxury U.S. retailers court Canadian consumers

After years of being left out in the cold, Canadian consumers of upscale brands will now see big changes. Luxury retail is making its way north in a move to boost bottom lines and satiate a hungry market.
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An X-ray image of a bottle of  Louis XIII cognac  by photo collective Luxinside
An X-ray image of a bottle of Louis XIII cognac, by photo collective Luxinside
Courtesy Luxinside
Constantia Vista  Cape Town  South Africa
Constantia Vista, Cape Town, South Africa
Constantia Vista
An X-ray image of a guitar  by photo collective Luxinside
An X-ray image of a guitar, by photo collective Luxinside
Courtesy Luxinside
Zoëtry Agua Resort  Punt Cana
Zoëtry Agua Resort ,Punt Cana
Constantia Vista  Cape Town  South Africa - Private splash pool for the Pool Apartment.
Constantia Vista, Cape Town, South Africa - Private splash pool for the Pool Apartment.
Constantia Vista
Constantia Vista  Cape Town  South Africa - The brand new Penthouse Apartment.
Constantia Vista, Cape Town, South Africa - The brand new Penthouse Apartment.
Constantia Vista
Constantia Vista  Cape Town  South Africa - The View Cottage  living room.
Constantia Vista, Cape Town, South Africa - The View Cottage, living room.
Constantia Vista
Constantia Vista  Cape Town  South Africa - the view.
Constantia Vista, Cape Town, South Africa - the view.
Constantia Vista
Constantia Vista  Cape Town  South Africa
Constantia Vista, Cape Town, South Africa
Constantia Vista
Untitled
From Leaptransit.com
Constantia Vista  Cape Town  South Africa - The Penthouse Apartment - wooden deck with BBQ and view.
Constantia Vista, Cape Town, South Africa - The Penthouse Apartment - wooden deck with BBQ and view.
Constantia Vista
Luxury RV
Luxury RV
Cnet
Constantia Vista  Cape Town  South Africa - The Main House - Master Bedroom.
Constantia Vista, Cape Town, South Africa - The Main House - Master Bedroom.
Constantia Vista
Panamonte XXV Reserva bottle 74 of 2 500 expected to hit U.S. stores this summer.
Panamonte XXV Reserva bottle 74 of 2,500 expected to hit U.S. stores this summer.
Aerial View Zoëtry Agua  Punta Cana
Aerial View Zoëtry Agua, Punta Cana
Customers dine in style aboard the Napa Valley Wine Train in 2011.
Customers dine in style aboard the Napa Valley Wine Train in 2011.
Jim G / Wikimedia Commons
Constantia Vista  Cape Town  South Africa - Jacuzzi with a view.
Constantia Vista, Cape Town, South Africa - Jacuzzi with a view.
Constantia Vista
Porcelanosa s  Samara  model bathtub is made from a single slab of stone and boasts a hefty pricetag...
Porcelanosa's "Samara" model bathtub is made from a single slab of stone and boasts a hefty pricetag.
Porcelanosa
An X-ray image of a Leica M8 digital camera  by photo collective Luxinside
An X-ray image of a Leica M8 digital camera, by photo collective Luxinside
Courtesy Luxinside
Untitled
St. Kitts Marriott