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...The US prohibits the import of products that have been made with forced labour in the western Xinjiang region and other areas in China under the Uyghur Forced Labor Prevention Act of 2021....
...Diamond output for De Beers slumped 23 per cent in the first quarter, as production was cut in response to a slow recovery in demand amid a pullback in luxury spending and the proliferation of lab-grown...
...It’s still an abysmal reading though, and nowhere is it more abysmal than in China, where Swiss watch imports have dropped 42 per cent by value year-on-year. Again, there are caveats required....
...an absence of 11 years....
...If member states cannot agree, tariffs will be imposed on all Ukrainian imports on June 6. Chart du jour: Luxury fortunes Luxury groups rode a post-pandemic spending wave....
...The 2024 SVB report is clear that imports are becoming an increasingly attractive alternative, in a shrinking US wine market....
...Such a rise would be significant but below similar duties in other countries such as Brazil, with an import levy of 20 per cent, Vietnam at 24 per cent and Thailand at 60 per cent....
...Deacon’s dress for Beyoncé incorporated pointed bust panels that had a touch of the Marvel superhero, without venturing into costume territory....
...€230 a night for six Full-bore Cycladic luxury on Kea The buzzy foray into Greece of One & Only – whose resorts, from Cape Town to Mauritius to Baja California, espouse an unbridled version of luxury...
...It’s not luxury in any of that term’s modern manifestations, and this is an entirely good thing....
...And the 34,000 residents of the Rock rely on imports of food, medicines and other vital supplies from Spain....
...Declines have come as a mild winter, falling demand and strong imports of liquefied natural gas eased traders’ fears of a shortage....
...Tehran last year introduced a ban on the import of the newest generation of iPhone, making the older models ever more prized....
...Thomas Flohr, owner of luxury airline VistaJet, must continue to fight an attempt to claim that he defrauded a Guernsey investment partnership two decades ago after London’s High Court refused to dismiss...
...The group’s cognac sales fell 14 per cent on an organic basis in the first nine months of 2023, making its wine and spirits business the luxury conglomerate’s only division to suffer a fall in revenues over...
...The music, available on YouTube, is the result of an ongoing collaboration between Vacheron Constantin and Woodkid through the watchmaker’s One of Not Many mentorship programme....
...Context: Following the death of hundreds of people in a shipwreck off the Greek coast last year, EU ombudsman Emily O’Reilly launched an inquiry into the agency’s operations....
...“Whether it’s a 40th birthday party for a CEO or something for Nicki Minaj’s new album cover, we offer the luxury customer an item that nobody else has.”...
...L’Oréal last year bought Australian high-end cosmetics group Aesop from its Brazilian owner in a transaction with an enterprise value of $2.5bn....
...such luxury....
...While the diamond sector fends off a flood of lab-grown equivalents and struggles with weak global luxury demand, the prices of other precious stones have held up on global markets....
...“What is needed is an exports council to deliver a joined-up policy to support trade which should be incorporated into the body delivering an overarching industrial strategy here in the UK,” he added....
...A designer’s debut at a major luxury house is always an event at Fashion Week, and when that designer is one of only a handful of women in similar roles, the anticipation runs even higher....
...There is also a weakening of import controls on luxury goods. EU citizens will now be allowed to keep cars they drive out of Russia, provided the country where they cross the border agrees....
...An utter victim of its own desirability, and a morality tale for “luxury” tourism....
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