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Gen Z poses a problem for the luxury industry

From $300 bucket hats to $900 sneakers and $700 t-shirts, the high-flying luxury sector is fretting over the appetite among financially stretched Gen Z...

Balenciaga selling a ‘trash bag’ for Rs 4,01,971

Luxury brand Balenciaga is being 'trashed' after releasing a bag that overtly resembles a trash bag and that too with a huge price of...

Michael Kors takes over fashion icon Versace in $2 billion deal

Michael Kors has agreed to buy Versace in a deal valuing the revered designer at $2 billion.

Versace luxury fashion house ‘to be sold shortly’

MILAN: Italian fashion giant Versace is about to be sold, the country's biggest-selling newspaper said on Monday, citing anonymous sources who suggested the deal...

Project Neptune: Aston Martin unveils luxury submarine

Aston Martin has unveiled the complete design of the exclusive, strictly-limited edition luxury submersible called Project Neptune, the production of which will commence later this year.

From luxury to life behind bars: What Bill Cosby faces in prison

Bill Cosby, used to the high life as one of America’s biggest stars, will likely see his entourage of aides replaced by an inmate...

Online sales? Maybe one day, says Chanel

PARIS: France's Chanel has no immediate plans for online sales of its coveted outfits or handbags, a senior executive said on Friday, making it...

Luxury brands struggle to attract Internet generation

SAN FRANCISCO: Seducing hyper-connected "Millennials" poses an increasing challenge for luxury brands, which find their markets slowing as young, skeptical consumers force them to rethink strategies.

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