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Travel destinations the world over are struggling with a new kind of traveler: A younger millennial or Gen-Z tourist, hungry for experiences rather than cookie-cutter hotels. Today’s tourists are “looking for a point of view,” interior designer André Fu explained at the Fortune Brainstorm Design conference in Macau on Tuesday. In other words, they are … Read more
Escape from New York isn’t just the title of a 1981 pulp classic starring Kurt Russell. It’s what Westchester County and Florida realtors told the world (including Fortune) about what would happen if Gotham elected a socialist mayor. But it’s time for a sequel with a different title. In the aftermath of much well-heeled panic … Read more
Stephanie Kramer has climbed the ranks from Chanel to L’Oréal’s corner office. On paper, it reads like the kind of glossy, fashion-world ascent most twenty-somethings dream about. But it all started with coffee runs, copy-making, and turning up earlier than everyone else. And she says that saying yes to those tiny, unglamorous tasks—especially the ones … Read more
A quaint, 37-home neighborhood an hour from Miami is attracting moneyed residents, including actor Mark Wahlberg, despite not having a private golf club or coastline—instead its major selling point is privacy and a well-trained security staff of former military and police. Stone Creek Ranch, located in Delray Beach, Fla., is one of the hottest new … Read more
People walk past a Prada storefront located in a modern shopping complex on January 26, 2025, in Chongqing, China. Cheng Xin | Getty Images News | Getty Images Chinese shoppers are returning to luxury. Top executives from Prada, Coach, EssilorLuxottica and Value Retail told CNBC they’re seeing demand in China stabilize after months of weakness, … Read more
In the case of the Woolroom Luxury Wooly mattress, wool is championed as a sustainable, high-quality, and practical material. The wool used is very much “farm-to-mattress,” as each bed comes with a QR code that traces the very wool in your bed back to the British-based farm it came from. Wool is only collected from … Read more
With the luxury industry in turmoil and challenges like tariffs and rising costs facing most fashion retailers, it hasn’t been easy determining which brands are resonating with consumers this year. But Lyst’s Q3 2025 Index offers some perspective on the “hottest brands and products” over the last three months. The index, which analyzes shopper behavior from “more … Read more
Hiring the right talent can make or break a company—and many executives attribute their success to having the best-in-class inner circle. Lew Frankfort, the former CEO of $5 billion fashion empire Coach, used to feel regret for bringing on the wrong people. What he learned in the process inspired him to develop an “immerse interviewing” … Read more
When economist Thorstein Veblen coined the term “conspicuous consumption” in 1899, he was describing a new kind of social display: one where people bought goods not out of need but as “trophies of success.” To Veblen, the emerging “leisure class” proved its superiority not by labor or contribution but by its seeming exemption from work and … Read more
Ferrari technicians inspect supercars on the production line inside the company’s factory in Maranello, Italy, October 2, 2025. REUTERS/Remo Casilli/File Photo Remo Casilli | Reuters Luxury carmaker Ferrari on Tuesday reported stronger-than-expected third-quarter profit, with net revenues jumping more than 7% compared to the same period last year. The Maranello, Italy-based sports car manufacturer posted … Read more
https://www.profitablecpmrate.com/nsirjwzb79?key=c706907e420c1171a8852e02ab2e6ea4