Hugo Boss shares plunge 9% as firm cuts 2024 guidance amid slumping China demand
Shares of Hugo Boss fell as much as 10% in morning trade Tuesday after the company cut its sales outlook.
Women are set to inherit trillions of dollars in the great ‘horizontal wealth transfer’
There are over 43 million people in the Americas over the age of 75, with over $50 trillion in combined transferrable wealth.
Inside a $60 million beachfront mansion with subterranean secrets and Italian flair
The owner of the Mar Pietra beachfront mansion in Delray Beach, Florida, is looking to shatter a local price record with an asking price of...
Ambani’s wedding kicks off in India this weekend. Here’s who will be at the star-studded event
Mukesh Ambani's youngest son is set to tie the knot this weekend after months-long wedding celebrations. Here's what you need to know.
Number of millionaires to soar globally but plunge in the UK, research finds
The 2024 Global Wealth Report from UBS forecasts a continued increase in the number of millionaires, with the U.K. a notable outlier.
The five secrets to Ferrari’s success as a luxury brand
This year, Ferrari for the first time surpassed Hermès as the most valuable luxury company in the world as measured by stock multiple.
Manhattan is now a ‘buyer’s market’ as real estate prices fall and inventory rises
The average real estate sales price in Manhattan fell 3% to just more than $2 million, according to a report from Douglas Elliman and Miller...
Millennials are ‘very ill-prepared’ to be the richest generation in history, wealth manager says
Millennials are purportedly poised to be the wealthiest generation in history, but are they ready to handle the vast inflow of money?
Ferrari CEO says all-electric model preserves the ’emotion’ of the famed supercars
Ferrari is opening a new E-Building in Maranello, Italy, that will produce internal combustion engine cars alongside hybrid and all-electric models.