China’s economic downturn has not been kind to the ultrarich who made their wealth on its rise. In their haste to cough up cash, Hong Kong’s luxury property market has had some fire sales.
Category: Luxury Goods and Services
GLAAD Paid For CEO’s Lavish Spending, Documents Reveal
GLAAD paid for its chief executive to fly first-class, rent a Cape Cod house and remodel her home office. It may have violated I.R.S. rules.
The Napoleon of Your Living Room
Gary Friedman, who runs RH (formerly Restoration Hardware), is out to conquer the world, one luxurious sofa at a time. Next stop, Waterloo?
$17,000 to Watch the Masters? How Sports Entice Deep-Pocketed Fans.
Teams, leagues and event organizers are pursuing enthusiasts with the promise of luxury and exclusivity, in hopes of bigger profits and lasting loyalty.