Treasury Wine Estates says consumer demand for luxury products and wine in China is slowing, and expects the current financial year will be challenging as it continues to sort out an excess of stock held by distributors in its key United States market.
Pastor Steven Furtick, who has propelled Elevation Church into one of the fastest growing congregations in America, is building a 16,000 square foot gated estate on a large wooded lot in Waxhaw. Tax value on the 19-acre property is $1.6 million, though …
Treasury Wine Estates, the world's largest pure-play winemaker, has warned that consumer demand for wine in China has softened as a result of March's leadership change and a recent austerity drive pushed through by the central communist government …
Glyn Peter Machin's bespoke furniture designs have long been coveted by the owners of private custom built superyachts as well as for estates and luxury residences across Europe. Every single piece created from Glyn's hand is made specially to order …
The store—which needs all the financial help it can get these days—is looking to cater to and profit from a subculture that luxury brands previously shunned out of fear they'd devalue their brands. Kanye wasn't far off when he told Zane Lowe that …
One of the world's great luxury brands, Chanel, will open a flagship store in Melbourne, in the ornate former Church of Scientology on Flinders Lane. While Australian retailers bemoan challenging sales conditions and operating costs, Chanel Australia …
Law360, New York (October 23, 2013, 12:26 PM ET) — Luxury goods makers have long known of the potential pitfalls of providing price guidance or recommendations to retailers. Recent activity by regulators across the European Union makes it clear that …
Back in June, high–end real estate reporter Alexei Barrionuevo left the Times to pursue a documentary project on the origins of electronic dance music and the rise of superstar deejays. “Like many writers at the paper, given the challenges facing …
International investment in New York real estate — especially luxury condos — has grown steadily over the last decade, totaling $1.96 billion in the first half of this year alone, according to Real Capital Analytics. And as the buyers become more …