Author: loic D

A body believed to be Mike Lynch’s 18-year-old daughter has been found in the wreckage of a luxury yacht off the coast of Sicily, meaning all missing passengers have now been found. The Italian coast guard said on Friday that the sixth and final person missing from the sinking vessel, the Baisian, has been found. Vincenzo Zagarola of the Italian coast guard said the search for the Hanna had been “neither easy nor quick” and likened the sunken yacht to “an 18-storey building filled with water”. Lynch, his daughter Hannah, Morgan Stanley International Bank Chairman Jonathan Bloomer and his wife…

Singapore-based Resorts World Cruises is expanding its services to the Middle East, introducing boutique cruise ship Resorts World One (RW1) to Dubai. RW1 will begin a six-month deployment in the Arabian Gulf and Gulf of Oman from 1 November, writing a new chapter in luxury maritime travel.Resorts World One offers Dubai travellers a fresh and luxurious way to explore the region’s beautiful coastal destinations. The cruise ship’s itinerary includes calls at Sir Bani Yas, Doha, Khasab and Muscat, allowing passengers to experience the beauty and culture of the Arabian Peninsula from a unique perspective.Resorts World One promises to be more…

“Off the Cuff” explores the career paths, current projects and next steps of the people shaping the world’s greatest luxury brands.The interviews have a Proustian twist, allowing readers to get to know industry leaders on a personal level.Preview the Q&A series below. Mari Colella, general manager of global luxury and sneakers at eBayMari Corella for eBay | LD: What was your first job and what did you learn from it?MC: My first job was buying vintage clothes from thrift stores and selling them to thrift clothing stores for a profit.This was the 1990s, before eBay existed and reselling was not…

You don’t have to spend a ton of money to position yourself as a luxury real estate agent, broker Tara Meyer writes. All it takes is a simple aesthetic and a strong sense of value proposition. Whether you’re looking to refine your business model, master new technologies or discover strategies to capitalize on the next market growth spurt, Inman Connect New York will prepare you to take a bold step. Your next chapter is about to begin. Join us and thousands of real estate industry leaders from January 22-24, 2025. Breaking into the luxury real estate market can seem daunting,…

We live in a world where everyone wants to experience luxury but not everyone can afford it, this has led to the rise of affordable luxury and Steve Madden is one of the brands that is succeeding in this field. But it’s not just because the brand offers high-quality products or is a little more affordable than the luxury brands – the real attraction is that Steve Madden offers “knockoffs” of luxury brands (this is debatable, but it’s true).Buy Prada heels at Steve Madden prices. In an age of fast fashion and the race to stay relevant, the once-celeb favorite…

When Angela Phan, a private-equity consultant based in Carmel, Calif., decided she wanted an Hermès Birkin bag, she looked for inspiration by watching YouTube videos and reading forums on handbag website Perthblog. Phan, who had previously bought plates, silverware and scarves from the brand, had her heart set on a neutral-hued Birkin 35.But she couldn’t just walk in and buy it. Hermes is known for offering Birkin and Kelly bags intermittently, usually to its most loyal customers. Analyses of how to play the “Hermès game” — going to less-trafficked stores, building relationships with salespeople, or buying what you need to…

The Italian coast guard said on Thursday that the body of British technology tycoon Mike Lynch, 59, was among those recovered off the coast of Sicily from the wreckage of a superyacht that its builders had called “unsinkable.” British tech tycoon Mike Lynch was among the victims whose bodies were found on Monday aboard a luxury yacht that sank off the coast of Sicily. (Bloomberg Photo) One woman remains missing: Lynch’s 18-year-old daughter, Hannah, who has not been identified, is reported missing. Mr Lynch’s family, along with those who defended him in his US trial, were celebrating his recent acquittal…

Demolition has begun on three units at the Princeton Luxury Apartments on U.S. 380, while the Housing Standards Commission convened a public hearing on a notice of violation issued in May, a year after construction was halted. The vacant lot was rezoned for multifamily housing in 2015, with construction set to begin in 2022. After hearing from professional engineers that some of the structures could be repaired and completed, a committee made up of Princeton City Council members issued an order setting a timeline for the completion of the weather-beaten complex just east of Walmart.The order applies to current property…

In a dramatic turn of events that caught the attention of Chinese social media platforms, a wealthy Chinese woman enacted a revenge plot against the luxury store that initially ignored her. In what has been described as “the most infuriating incident of the year”, a woman returned to a Louis Vuitton store with 600,000 yuan (about 368,490 ringgits) in cash, but left without buying anything after leaving staff counting it for two hours. Related article: Irresponsible Chinese husband forces children to kneel in road in desperate attempt to bring wife back The woman, who used the pseudonym “xiaomayouren” on the…

Amid a broad sell-off in luxury stocks, Morningstar analysts have revealed the top names they see as promising for the sector. “The luxury sector has been fairly overvalued for the last few years,” Morningstar senior equity analyst Elena Sokolova told CNBC Pro. Amid the broad sell-off, “opportunities will start to emerge for long-term investors who are willing to look through this cycle,” she said. The luxury stock sell-off began in June when industry beacon LVMH reported second-quarter sales that fell short of expectations. Shares of the world’s largest luxury goods group fell, and other luxury stocks also fell on concerns…