Surging prices have had little impact on middle- and high-income households who have been happily splurging on designer labels, using what they saved during the pandemic when everything from foreign holidays to eating out came to a halt.
In a cover story for Vogue, the superstar athlete and style icon said she was “evolving away” from tennis. While she wasn’t explicit about when she would stop playing the sport, she hinted on Instagram that the upcoming US Open could be her last tournament. “The countdown has begun,” she wrote.
Activist shareholder Bluebell Capital Partners on Monday claimed a partial victory in its efforts to overhaul management at luxury group Richemont after the company proposed the appointment of a director to look after the interests of ordinary shareholders.