LVMH Moët Hennessy Louis Vuitton said on Friday it had agreed to buy luxury travel operator Belmond Ltd., owner of the Venice Simplon-Orient-Express train and hotels including the Copacabana Palace in Rio de Janeiro, for $2.6 billion, significantly widening its footprint in the hospitality sector. The French luxury group is to acquire Belmond for $25…
Read moreMillennials Aren’t Frugal — They Just Have Less Wealth Than Previous Generations
Millennials’ peculiar spending habits are the subject of constant scrutiny by pundits and the press: Headlines suggest that the generation is killing everything from marriage to malls as their preferences shift away from the traditional milestones their parents celebrated, such as home and vehicle ownership. A new study published this week by the U.S. Federal…
Read moreLululemon Founder Wants to Be Part of Amer Sports Takeover Group, Reports Say
Anta Sports Products Ltd. and private equity firm FountainVest Partners made a push in September to take over Finland-based sporting goods company Amer Sports Corp. And now another power player may be joining the group. According to a Bloomberg report, Chip Wilson, the billionaire Canadian founder of Lululemon Athletica Inc., is close to teaming up with the other investors. The…
Read moreKanye West Dresses Kim Kardashian Like a Sexy Doll in Dolce & Gabbana
Kanye West is dressing his wife, Kim Kardashian, once again. But the latest look put together by the rapper-turned-designer has her channeling a life-sized doll. The KKW Beauty mogul took to Instagram Saturday night, posting her full ensemble along with the caption: “Kanye dressed me up like a doll.” In the head-to-toe shot, in which…
Read moreUS-China Trade War Truce Sends Dow Up More Than 400 Points
The stock market is set to rally today following a temporary truce in the trade war between the United States and China. Signaling optimism, Dow Jones Industrial Average futures were up 440 points, or 1.72 percent, at 9 a.m. ET on Monday. A number of fashion stocks — including Michael Kors Holdings Ltd., Nike Inc….
Read moreNBA Stars and ESPN Auction Off Sneakers in Vow to Beat Cancer
ESPN’s annual fundraising week for cancer research is back, and this year the media company is auctioning sneakers from NBA and WNBA players, coaches and basketball commentators to entice people to donate. “Kicks to Beat Cancer” is one of three new initiatives for V Week for Cancer Research, which raises money for the V Foundation across…
Read moreWhat Dolce & Gabbana Stands to Lose From Its China Controversy
Dolce & Gabbana announced on Wednesday that it would cancel its much-publicized runway show in Shanghai — set to walk later the same day — following outcry over alleged racist remarks made by designer Stefano Gabbana and a social media campaign that arguably reinforced outdated stereotypes about the people it purported to celebrate. The controversy…
Read moreThe Best Shoes to Gift the Outdoorsman in Your Life
There’s not one type of outdoorsman. Some people love to hike, some are into water sports and others can’t wait to hit a rock wall. And there are shoes for every type of activity: insulated picks perfect for the cold-weather hiker, durable pairs for the mountain man and more. We’ve rounded up a range of…
Read moreGigi Hadid Defies Winter in New York City With One of Her Most Fearless Looks
Gigi Hadid commanded attention in a bright orange look in the Big Apple today. The 23-year-old supermodel was captured stepping out for an event sporting a custom blouse with a plunging neckline and cotton lace-embellished jeans from sustainable Dutch fashion designer Ronald van der Kemp’s namesake demicouture label RVDK. She topped things off by throwing a double-breasted…
Read more7 Men’s Sneakers That Are Leading the Sustainability Movement
Going green is not only responsible, it is also on-trend. Sportswear giants such as Adidas and Nike, and under-the-radar brands including Veja, all deliver must-have styles from labels that are prioritizing sustainability. Adidas Ultra Boost Parley These stylish performance running shoes boast yarn made from recycled ocean waste and equipped with the brand’s acclaimed Boost cushioning….
Read more