Luxury

Triangle Luxury Home Sales Not Slowing |  WRAL Tech Wire

Triangle Luxury Home Sales Not Slowing | WRAL Tech Wire

RALEIGH- Inflation is sky-high, mortgage interest rates have skyrocketed this year, and there are signs that national and state economies are deteriorating. But that doesn’t discourage the sale of mansions and estates priced above $2.5 million in the Triangle and Triad regions. Since July 1, 29 homes have sold for more than $2.5 million, with …

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FTX Collapse: Inside Sam Bankman-Fried's $40 Million Luxury Bahamas Bunker

FTX Collapse: Inside Sam Bankman-Fried’s $40 Million Luxury Bahamas Bunker

Former Uber chief commercial officer Emil Michael discusses the collapse of FTX and the viability of the crypto industry. FIRST ON FOX: After allegedly robbing up to a million investors for billions of dollars worldwide, Fallen FTX crypto king Sam Bankman-Fried hides in an ultra-luxurious Bahamas resort, behind concrete walls and guarded checkpoints, a world …

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Luxury goods boom in Britain as super-rich youngsters weather recession

They are young, wealthy and mortgage-free, and the descendants of the 1% are in their twenties. Despite the economic gloom currently surrounding the UK and many other Western countries, sales of luxury brands have exploded and a growing number of shoppers are young adults. Swiss watches, Louis Vuitton sneakers, rare Birkin bags and 81-year-old whiskeys …

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Luxury remains robust despite market volatility, says Richemont

Luxury remains robust despite market volatility, says Richemont

LONDON – Are storm clouds gathering over luxury? It’s hard to say, say the leaders of the Compagnie Financière Richemont. There is still volatility in China, growth is slowing in the buoyant US market, and COVID-19 continues to impact consumer behavior. No more WWD Despite all that, demand for high-end watches, jewelry and accessories remains …

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