Luxury
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News
Burberry Replaces C.E.O. Amid ‘Disappointing’ Results
The British luxury group appointed Joshua Schulman to replace Jonathan Akeroyd, and said it expected earnings to suffer as an industry downturn deepens.
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Newyork
Farfetch to Be Acquired by Coupang for $500 Million
The luxury e-commerce platform will narrowly avoid bankruptcy after the buyout from South Korea’s answer to Amazon.
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Newyork
$20,000 Pants … and Other Adventures in Men’s Luxury Resale!
In a floor-through loft in SoHo one Friday night in January, Vincent Ferraro was selling luxury clothing. Sort of. On one side of the room, a tattoo artist covered a young woman’s palm in an illustration of a bankroll. Some people flipped casually ...