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Articles for tag: anymore, goods, Latest, Life & Style, luxury

January 4, 2026

News Desk

Luxury goods were once made to last, but not anymore

Luxury. photo (file) When New York model and influencer Wisdom Kaye went shopping at Italian fashion label Miu Miu and came home with a pile of clothes she says she spent $18,000 on, she didn’t expect some of the items to fall apart before her eyes. In videos posted to his TikTok account, where he has over 13 million followers, Kaye can reveal his purchases from the brand. In the first clip, posted on the social media platform in early September, he calls himself a “huge Miu Miu fan” before launching into a scathing tirade about how some of his

December 24, 2025

News Desk

Cristiano Ronaldo “buys two luxury villas” in Saudi Arabia

Portugal’s Cristiano Ronaldo celebrates after the match. —Reuters/File Cristiano Ronaldo, soccer’s first billionaire, and his fiancee Georgina Rodriguez have reportedly bought luxury villas in Saudi Arabia’s Red Sea project, according to British media. According to the Daily Mailthe properties are located in Nujuma, a Ritz-Carlton resort developed by Red Sea Global, approximately 26 kilometers off the Saudi Arabian mainland and accessible only by charter boat or seaplane. Ronaldo and Rodriguez are among the first buyers of the ultra-luxurious mansions. Cristiano Ronaldo poses with his fiancee Georgia Rodrigues at the Ritz-Carlton Reserves Residence in Saudi Arabia. —Daily Mail Each villa at

November 22, 2025

News Desk

The luxury price spiral is coming full circle

. Luxury price spiral. Photo: file PARIS/MILAN: The global luxury goods sector, long defined by rising prices, booming demand and an air of exclusivity, is entering a moment of reckoning as new forecasts suggest a modest recovery in 2026 while warning that years of aggressive mark-ups have left buyers feeling alienated and even “betrayed”. Bain & Company’s latest study, prepared with Italian luxury group Altagamma, says the industry is expected to grow by 3% to 5% next year after stagnating in 2025, helped by steady momentum in the United States, resilient consumers in Europe and Japan and gradually improving conditions

September 30, 2025

News Desk

Beetled Linen: old art, new luxury

Upperlands, UK: The noise is deafening and the project may be lonely, but in William Smyth, who works in the latest commercial flax of the world “Beetling” Mill, his work is unique. “There is nothing modern about it, I do the same now that they did 100 years and 100 years ago,” Smyth, 59, told Northern Ireland in a village about 70 kilometers west of Belfast – the latest commercial business beetle. “No one has come up with anything to make it easier, there is no other way to get to this cloth,” he told AFP of the traditional method

February 10, 2025

News Desk

FEMA sent $ 59 million to luxury hotels in New York to house “illegal immigrants”

Elon Musk claimed on Monday that the Government Ministry team (DOGE) discovered that the Federal Emergency Management Service (FEMA) sent $ 59 million last week to luxury hotels in New York to house “illegal immigrants”. The Musk was published on X (formerly Twitter), arguing that the use of funds by FEMA violated the law, stating that the money was intended to relieve disaster, but were spent on high level accommodation. He also announced that the claim for the recovery of funds should be submitted. THE @Doge The team just discovered that FEMA had sent $ 59 million last week to

December 5, 2024

News Desk

Pope Francis receives new electric popemobile from luxury automaker

Pope Francis (right) looks on as he unveils a new all-electric popemobile, at the Vatican on December 4, 2024. — AFP German luxury carmaker Mercedes-Benz delivered an electric popemobile to the Vatican on Wednesday for use by the pontiff, who has repeatedly called for global action on the climate crisis. The vehicle, a modified version of the Mercedes G-Class, has a raised seat under a glass dome from which the head of the Catholic Church can greet crowds of well-wishers. The pearly popemobile is powered by an electric motor that is “adapted to the particularly low speeds required for public

September 30, 2024

News Desk

Punjab plans to ‘spend over Rs 612 million on luxury vehicles’ amid Centre’s austerity drive

People visit an auction of used cars owned by the government at the Prime Minister’s premises in Islamabad, Pakistan, September 17, 2018. — Reuters LAHORE: As the cash-strapped country struggles to cut administrative costs as part of an austerity drive, the Punjab government plans to spend over Rs 612 million on 76 luxury vehicles for Parliament secretaries and escorts for protocol duties of provincial ministers such as emerged on Monday. sources said Geo News that the additional chief secretary wrote a letter to the finance department to release funds of over Rs 612 million for the procurement of 76 luxury

August 20, 2024

News Desk

British tech tycoon, daughter still missing after luxury yacht sinks off Sicily

A combination of images shows UK tech tycoon Mike Lynch and Italian firefighters in a lifeboat. — Reuters/Files Specialist Italian divers on Tuesday launched a new search for six people, including UK tech tycoon Mike Lynch and his teenage daughter, who are missing after their yacht capsized off Sicily, Italy. The British-flagged yacht, called the Bayesian, was anchored about 700 meters from the harbor with 22 people on board, including 10 crew members, when it was hit by a wave of water, a kind of mini-tornado. AFP was mentioned. The incident took place in the early hours of Monday. According

August 19, 2024

News Desk

One dead, six missing after luxury yacht sinks off Sicily

Emergency and rescue services work near the site where a sailboat capsized in the early hours of Monday off the coast of Porticello, near the Sicilian city of Palermo, Italy, August 19, 2024. — Reuters PALERMO: One person died and six people were missing after a luxury yacht was hit by an unexpectedly strong storm and sank off the Sicilian capital Palermo on Monday, the Italian coast guard said. The 56-meter (184-foot) sailboat was identified as the British-registered Bayesian and sank with 22 people on board shortly before sunrise, the coastguard said in a statement. The missing people were of

July 18, 2024

News Desk

Stocks outperform luxury watches as Rolex and Patek prices fall

Prices for luxury watches from brands such as Rolex, Patek Philippe and Audemars Piguet have fallen a combined 23% over the past two years, extending a prolonged slump in the secondary market, according to Bloomberg. The Bloomberg Subdial Watch Index, which tracks the 50 most-traded watches by transaction value, fell less than 1 percent in June, indicating that the pandemic-era rally is finally over. Over the past year, the index has fallen 8 percent, contributing to a 23 percent decline over the past two years. This data, provided by Subdial, a UK-based watch trading platform, highlights the changing dynamics of

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