Luxury News

NASSAU, Bahamas--(BUSINESS WIRE)--The vision is no longer a promise. It is open. Champion Spirit Country Club, the private wellness and sporting club founded by nine-time French champion and world champion Abdoulaye Fadiga, has officially opened in The Bahamas. In the same announcement, its founder confirmed that the ecosystem’s medical flagship, Bahamas Longevity Hospital, will open in December 2026. Together, they mark the arrival of a singular thesis in human longevity: that real longevity i...

LAS VEGAS--(BUSINESS WIRE)--The diamond market showed signs of recovery in May. Larger stones remained strong. Smaller diamonds saw continued price stabilization in collection qualities. The Rapaport Trade Diamond Index (RAPI™) — which tracks asking prices for round, D-H, IF-VS2 goods — increased 2.1% for 0.30-carat diamonds during the month, having dropped 27.6% year on year. RAPI for 0.50-carat diamonds rose 0.9%. The rebound in smaller sizes followed inventory declines in those categories an...

PETERSFIELD, England--(BUSINESS WIRE)--As The Estée Lauder Companies’ (NYSE: EL) Whitman manufacturing facility celebrates its 60th anniversary, the company today announced a strategic investment that will strengthen its UK manufacturing network, further reinforcing its long-standing commitment to British craftsmanship, innovation, and growth in prestige fragrance. Established in 1966, Whitman is a strategic part of The Estée Lauder Companies’ global manufacturing network, producing skin care a...

MONTREAL--(BUSINESS WIRE)--Birks Group Inc. (“Birks Group” or the “Company”) (NYSE American LLC: BGI) announced today the signing of a five-year $32.5 million senior secured term loan facility (“Term Loan”) with 1903P Loan Agent, LLC, an affiliate of Gordon Brothers Group (“Gordon Brothers”) and the designated administrative agent under the facility. The new Term Loan, which matures in June 2031, refinances the Company's existing $26 million senior secured term loan credit facility which has be...

CORTE MADERA, Calif.--(BUSINESS WIRE)--RH (NYSE: RH) today announced that it will report financial results for the first quarter fiscal 2026 ended May 2, 2026, on Thursday, June 11, 2026, after market close. RH’s first quarter fiscal 2026 financial results will include a shareholder letter from Gary Friedman, RH Chairman and Chief Executive Officer, highlighting the Company’s continued evolution and recent performance. The shareholder letter and financial results will be posted to the Company’s...

NEW YORK--(BUSINESS WIRE)--Macy’s, Inc. to Participate in 6th Annual Evercore Consumer and Retail Conference...

GREEN BAY, Wis.--(BUSINESS WIRE)--For decades, the seating industry has approached discomfort as something to manage. Chairs became more complex, adding levers, controls, and adjustments intended to help people tolerate long hours of sitting. Yet even as ergonomics evolved, one assumption largely remained unchanged: that sitting itself should still be relatively static. Designed and invented by Aaron DeJule, the Kiaura Collection™ built with Cognetic Technology™, challenges that assumption enti...

MIAMI--(BUSINESS WIRE)--The Real Brokerage Inc. (NASDAQ: REAX), a real estate technology platform focused on innovation and agent culture, today announced that NŌVEM Real Estate, a New York City-based boutique team led by Ethan Leifer, has joined the company. The addition expands Real’s presence across key New York markets, including Manhattan, Brooklyn, Queens, Long Island and Westchester County. Founded approximately two and a half years ago as 74 West, the newly launched NŌVEM Real Estate is...

NEW YORK--(BUSINESS WIRE)--PVH Corp. [NYSE: PVH] today reported its 2026 first quarter results and updated its 2026 outlook. Stefan Larsson, Chief Executive Officer, commented, “We delivered on our plan and commitments in the first quarter, reflecting our disciplined PVH+ Plan execution and the consumer momentum we are building with our two iconic global brands, Calvin Klein and TOMMY HILFIGER. Importantly, we grew our direct-to-consumer business, with growth in stores and online across both br...

LONDON & LOS ANGELES & MODENA, Italy--(BUSINESS WIRE)--Fasanara Capital today announces the launch of Fasanara Ferrari Lending Platform, a pioneering partnership dedicated to financing loans backed by Ferrari automobiles, alongside the Fasanara Ferrari Strategy: Owner’s Circle, a new investment strategy targeting attractive risk/return opportunities while offering investors privileged access to one of the world's most iconic luxury ecosystems. The platform originates and manages loans secured b...