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President Donald Trump appeared alongside one of his allies in the luxury world to help open a Louis Vuitton (LV) workshop in rural Texas. The opening marked the first luxury brand to seemingly align itself with the controversial president, though LV leaders at the appearance wouldn't claim any formal association with Trump. Bernard Arnault, the CEO of Louis Vuitton's parent company LVMH, is a French billionaire who is the third richest person in the world and has had business interests wrapped up with Trump's presidency before. Though the legendary French company has workshops in California, Trump has touted the Texas...

Next week, Donald Trump will go to the small town of Keene, Texas, and cut the ribbon on a brand-new, 100,000-square-foot Louis Vuitton workshop called the Louis Vuitton Rochambeau Ranch. It’s an unlikely location for the Parisian house to open a workshop, for sure. The president will tour the workshop and give a speech about job creation, a White House official confirmed with the Fort Worth Star Telegram. LVMH chairman Bernard Arnault and more than 150 Louis Vuitton employees will join Trump, Ivanka and Jared Kushner, and former Texas governor Rick Perry at the ribbon cutting. Why did Louis Vuitton...

A former classmate from Yale recently told me “monogamy is kind of outdated” and not good for society. So I asked her what her background is and if she planned to marry. She said she comes from an affluent family and works at a well-known technology company. Yes, she personally intends to have a monogamous marriage — but quickly added that marriage shouldn’t have to be for everyone. She was raised by a traditional family. She planned on having a traditional family. But she maintained that traditional families are old-fashioned and society should “evolve” beyond them. What could explain this?...

Rep. Alexandria Ocasio-Cortez scolded media outlets for reporting that she lives in a luxury high-rise building in Washington, DC, around the time she and other high-profile Democrats appeared on a hit list compiled by a Maryland man arrested for allegedly planning a mass terror attack. “Journalists are sharing stories about where I live the same day it’s shared that myself + others were targeted by a mass shooter,” the New York Democrat tweeted late Wednesday. “All this paired w/ amplifying unvetted conspiracy theories. It’s reckless, irresponsible & puts people directly in danger. This isn’t a game.” **SNIP** Ocasio-Cortez’s office pushed...

Rep. Alexandria Ocasio-Cortez (D., N.Y.) has moved into a luxury apartment building in the District of Columbia's Navy Yard neighborhood, the Washington Free Beacon has learned. Ocasio-Cortez, a member of the Democratic Socialists of America, got a big raise with her election to Congress, a job that comes with a $174,000 annual salary. She told the New York Times she was concerned about how she would get an apartment before that salary kicked in. She ended up moving into a luxury apartment building with a wide array of amenities where rent for even a studio apartment exceeds $2,000 a month....

An article about the practice sparked outrage over income inequality. Luxury yachts in St. Tropez. Frédéric Soltan/Corbis via Getty Images People who own yachts have lots of things to worry about. Is a yacht a good financial investment? (Usually not.) Will a group of class-warfare-waging rascals untie the boat from its dock, causing thousands of dollars in damage? (If you're Betsy DeVos, yes.) And then there's the latest concern plaguing superyacht owners: Is a yacht really a good place to store an art collection, which is worth more than the yacht itself? A growing number of billionaires -- at least...

Chicago police are reporting gunpoint robberies targeting people wearing pricey Canada Goose jackets as temperatures plunge in the city. Over the past two weeks, police say there's been a spate of the thefts in which people wearing the luxury coats have been targeted and forced to give up the jackets. The coats can cost upward of $1,000 and are often seen on celebrities. Six people had their Canada Goose coats stolen last week and two more were targeted Wednesday. Police say two men jumped from a Mercedes, showed a gun and punched a 54-year-old man before forcibly taking his coat...

Payless Shoesource pranked VIP shoppers into paying markups of up to 1,800 percent for the bargain retailer's shoes as part of a viral advertising campaign designed to shift consumers' perceptions of the brand. Creating a fake luxury brand — Palessi — Payless built a temporary store and filled it with fashionistas. So-called fashion influencers – essentially trendsetters that regular consumers look to for style cues — paid up to $645 for footwear that usually retails for between $19.99 and $39.99, the company said. The fashion insiders were captured remarking on the quality of the shoes' design and fabrication – before...

• The Ultimate Family Suite is Royal Caribbean's take on a penthouse, spanning 1,346 square feet on two levels • It has amenities for all ages including a balcony jacuzzi, 100-foot Lego wall, slide and a ping pong table • The suite is decorated with bright, energetic hues and whimsical furnishings that provide plenty of seating • It's located on the world's largest cruise ship Symphony of the Seas and mainly travels within the Caribbean....

Vidanta announces 'World's Best Job' campaign with $120,000 salary to spend a year vacationing at Mexico's most beautiful beaches for a living MEXICO CITY, Aug. 22, 2018 /PRNewswire/ -- Vidanta, a collection of premier entertainment and destination resorts across Mexico, announced today the launch of the "World's Best Job" global campaign, where one lucky candidate will land the dream job of a lifetime. Boasting an impressive hotel portfolio located along some of the most coveted beaches in Mexico including Nuevo Vallarta, Riviera Maya, Los Cabos, Acapulco, Puerto Peñasco, and Puerto Vallarta, Vidanta's "World's Best Job" campaign seeks a brand ambassador...

Full title: Boy, 12, stole mum’s credit card, booked flight to Bali and spent four days living life of luxury after fight with parents. A cheeky schoolboy stole his mum's credit card and flew to Bali, spending four days living a life of luxury, after getting into a fight with his parents. The boy, who has not been named, booked the cheap flight after researching online which airline would allow him to travel by himself without parental permission. He managed to find a ‘cheap deal’ to the Indonesian island and booked the flight on a school day, 9news reports ....

The Aurora Station space hotel will launch in 2021 and host its first guests in 2022. It has room for 4 guests and 2 crew. Image: Orion Span The Aurora Station Will be the First Luxury Hotel in Space Article written: 17 Apr , 2018 by Evan Gough Are you ready for a luxury hotel in space? We all knew it was coming, even though it seems impossibly futuristic. But this time it’s not just science fiction; somebody actually has a plan.The space hotel will be called “Aurora Station” and the company behind it is Orion Span, a Silicon...

As part of its plans to deliver luxury fashion, United States retail giant Walmart is to launch a dedicated online Lord & Taylor flagship store next year, offering premium fashion brands to its customers. The initiative announced Monday will start next spring. "Our goal is to create a premium fashion destination on Walmart.com", said the Head of Fashion for Walmart's U.S. E-commerce Division Denise Incandela in a statement to NBC. "We see customers on our site searching for higher-end items, and we are expanding our business online to focus on adding specialized and premium shopping experiences, starting with fashion", Incandela...

eCommerce has been shaping much of the world’s economy recently. One of those that are profiting from this is the global luxury industry. Further helping are Chinese travellers. This industry is seen to have a recent growth of six percent, after a rather stagnant 2016. Total market value of the industry is at a cool $304 billion. This is in part due to much activity in the Chinese market. China leads the way for global luxury spenders. Also helping this growth are the global millennialMillennials are also known as Generation Y, Echo Boomers or Millenniums. They encompass the age group...

We’re not surprised American Airlines is not interested in blinged-out first and business class cabins. But we’re still slightly puzzled at the U.S. carriers’ anger toward the Gulf airlines. Yes, Emirates, Etihad and Qatar receive government assistance, but so do a lot of airlines. Don’t expect American Airlines to introduce on-board bars, first class showers, or business class seats that convert to double beds anytime soon. That news shouldn’t come as a surprise to frequent flyers, who know U.S. carriers such as American prefer more utilitarian premium cabins — with flat-bed seats and gourmet food, but without the over-the-top luxury...

Generations Y and Z are rewriting the rules of the luxury market, according to a report released on Wednesday by the consulting firm Bain & Co. The global luxury market, encompassing goods and luxury experiences, is forecast to grow by 5 percent this year to an estimated 1.2 trillion euros, or $1.4 trillion, according to the study, compiled using market data and interviews with people in the industry. But while older shoppers traditionally have driven the growth of sales in the luxury sector, this time it was shoppers born after 1980 who made the difference. Generation Y provided 30 percent...

North Korea imported $666 million worth of luxury items last year, which takes up 17.9 percent of the year’s total imports, a lawmaker here said Thursday. According to data from the Chinese Customs revealed by Rep. Yoon Sang-hyun of the Liberty Korea Party, the communist state’s imports of luxury goods increased by $59 million, or 9.8 percent, from 2015. The luxury goods included upmarket electronics, cars, leather products and watches. Electronics made up the biggest import value at $330 million, followed by high-end cars with $260 million. The reclusive state also imported some $16 million worth of liquor and drinks....

When I was a college freshman in the early 1990s, I lived in a dorm that was as sterile as a hospital room, a 193-square-foot box with white cinderblock walls that I shared with two other guys. The bathroom was also shared—with an entire floor. Such basic living quarters greeted generations of college students before me. For much of the history of American higher education, dorms and other student amenities—from dining halls to recreational centers—were an afterthought to the primary business of campus planning: grand academic buildings. In fact, in the 1840s, the president of Brown University described dorm life...

For years luxury brands have mesmerized us with highly desirable products and services. They inspire us to dream bigger and leave us desiring more. You can learn so much about attracting ideal clients from these dream building brands. I had a client (let’s call the brand was called “Arnanda”) this client had on their list On the outside, it seemed that this client was a success but this client was struggling financially to reach more high-end clients and make a profit. On the other hand, another one of my clients from Italy, who had worked as a consultant for Salvatore...

It turns out that all Americans, regardless of income, spend a large percentage of their income on what economists categorize as luxuries. People who make the most money spend the biggest chunk of their incomes on luxury goods, but even the poorest households spend a significant amount on luxuries, according to an analysis released recently by Deutsche Bank Research. The wealthiest families (the top fifth of earners) spend around 65% of their incomes on luxury goods and 35% on necessities, according to the study, which looked at spending habits between 1984 and 2014. Middle-income households weren’t far behind: They spend...