Porsche plans to go public

The company needs capital to go electric.

Jacob Cohen • September 7, 2022

Crystals are a $1B+ industry. Who’s buying?

People are spending serious cash on giant crystals, like a $45k amethyst throne and a $125k coffee table.

Juliet Bennett Rylah • August 9, 2021

The luxury market is transitioning to ecommerce — and China is leading the pack

Luxury ecommerce sales will reach $58B in 2020, up 48% YoY. The major innovations in the space are coming from China.

Trung T. Phan • December 15, 2020

How Hodinkee turned a blog about watches into a $100m powerhouse

HODINKEE just raised $40m from The Chernin Group, Tom Brady and John Mayer to expand its watch empire.

Trung T. Phan • December 4, 2020

Supreme’s most expensive items

Some of the most expensive Supreme items on the marketplace Grailed.

Trung T. Phan • November 11, 2020

LVMH tried to walk from a ~$16B deal for Tiffany. Apparently it isn’t familiar with Delaware laws.

Delaware courts frown upon buyer’s remorse… which is why LVMH looks like it’ll end up buying Tiffany’s after all.

Trung T. Phan • October 28, 2020

Forget gold: Meet the Diamond Standard

Diamonds really want to become more investor-friendly.

Michael Waters • September 24, 2020

This marketplace lets you snap up stock in high-end collectibles

Investors are snapping up fractional shares on luxury items like cars and high-end handbags.

Caroline Dohack • August 3, 2020

Online shopping is ready for a VR makeover

Basically every online store looks the same right now. These companies have a big new idea.

Michael Waters • June 26, 2020

Meet the new upstart in the world of high-priced art sales

Loïc Gouzer, once dubbed “the daredevil of the art world,” is back.

Nick DeSantis • June 22, 2020

‘Revenge spending’ may sound like fun, but is it really a lifeline for luxury brands?

Reports of a buying bonanza at a Hermes outpost in China sparked speculation about “revenge buying.” The trend may not hold water.

Nick DeSantis • April 30, 2020

Sotheby’s is losing millions because online auctions just aren’t that exciting

There’s less adrenaline when you bid online. That may be why big auction houses are taking a big hit.

Michael Waters • April 28, 2020

Retail is hurting, but resale looks haute these days

Due to the Coronavirus, investors are betting big on pre-owned luxury duds.

Caroline Dohack • April 22, 2020

The hottest trend among the super-rich? Safe-deposit boxes

Demand for safe-deposit boxes is increasing among the uber-rich, as wealthy people look for a safe haven for their cash, art, and jewels.

Mark Dent • November 21, 2019

Harley-Davidson’s profits get a boost from international sales, while US sales continue to spin out

Despite its worst quarterly sales plunge in 8 years, Harley Davidson has still figured out a way to boost profits.

Wes Schlagenhauf • October 24, 2018

Aston Martin’s London Stock Exchange debut was… not what James Bond was hoping for

Luxury car icon Aston Martin’s stock market debut floundered after performing 4% lower than its expected offering price. That said, the IPO still values the company at $5.6B.

Wes Schlagenhauf • October 4, 2018

Swiss watchmaker destroys $539m of luxury watches to keep them off the wrong wrists

To keep their precious pieces away from riffraff re-sellers, Swiss luxury watchmaker Richemont destroyed $539m of its products over the last 2 years.

Conor Grant • May 21, 2018

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