Tag - luxury-goods

 
Menu
Search
 
March 29, 2025
 

Today's print edition

Home Delivery
Subscribe for more access

LUXURY GOODS

Sources say a hui suo — a private club, which in Japan caters mainly to Chinese businesspeople — will soon open on the upper floors of the Moutai Building in the Ginza district of Tokyo.
JAPAN / Society
Mar 16, 2025
Private clubs quietly open in Tokyo for free-spending Chinese businesspeople
With the economy weak in China and opportunities harder to come by there, more wealthy individuals have been flocking to Japan.
A Prada sign sits at an entrance to one of its stores in central Milan, Italy, in 2017. Prada and Capri could finalize a deal for Versace this month.
BUSINESS / Companies
Mar 4, 2025
Versace owner Capri jumps on Prada moving closer to purchase
A purchase would run counter to a decadeslong trend of Italian fashion groups being taken over by foreign firms.
The luxury Seven Stars in Kyushu train trades the hyper-efficiency of typical rail travel in Japan for a slower, more decadent version.
LIFE / Travel
Mar 1, 2025
Aboard Japan’s most luxurious train, the journey is the destination
For those with yen to burn, the Seven Stars in Kyushu is one of the most luxurious ways to experience some of southern Japan’s best hidden gems.
While Japan's luxury goods market remains strong, its seconhand resale market is proving just as much a draw for tourists searching for great bargains — as long as they can manage to get their hands on the real deal.
LIFE / Style & Design
Mar 1, 2025
Not even Japan is safe from counterfeit luxury goods
Despite a reliable reputation, Japan’s secondhand luxury market is still vulnerable to fakes and counterfeits.
Minor Hotels and Royal Holdings executives explain their joint venture at a news conference last week in Tokyo.
BUSINESS / Companies
Feb 17, 2025
Thailand's Minor Hotels entering Japanese market with Royal Holdings JV
The 50-50 joint venture aims to have 21 hotels in Japan by 2035.
Branded bags are displayed at a secondhand store in Tokyo in December.
BUSINESS
Feb 2, 2025
Secondhand shops rush for branded goods in Japan
Some operators have partnered with department stores, while others have use AI to determine the value of vintage luxury goods.
The Tiffany & Co. store on Fifth Avenue in New York in 2023
BUSINESS / Companies
Jan 28, 2025
Tiffany workers mock forced 'joy' that exacerbated staff exits
When Tiffany & Co. executives were looking for ways to boost staff morale, they rolled out an internal social app called "Tiffany Joy.” It didn’t take long to turn into a chore.
Analysts see the benefits of increased tourism in Japan, already felt in some areas, spreading to more domestic stocks this year.
BUSINESS / Companies
Jan 22, 2025
Luxury and hotel stocks are all the rage as tourists flock to Japan
Japan welcomed almost 37 million inbound visitors in 2024.
Scheduled to welcome its first guests in early 2025, the Waldorf Astoria Osaka is just one of many luxury hotel openings Japan has seen in recent months.
LIFE / Travel
Jan 4, 2025
Japan’s ‘quiet revolution’ of luxury travel nears fruition
“The Japanese luxury travel scene has undergone quite the metamorphosis over the past decade,” says one industry insider.
A Dior store front in Rome. Despite passing audits, Dior's contractors in Italy have been accused of labor abuses.
BUSINESS / Companies
Jan 2, 2025
Inside luxury goods' broken audit system
Revelations of worker exploitation in Dior's Italian production chain have exposed flaws in supply chain audits and triggered judicial action.
People walk past a Dior shop in Rome on Dec. 18.
BUSINESS / Economy
Dec 26, 2024
Luxury labels bulk up on lower-priced goods to broaden appeal
After more than two years of sharp price hikes, luxury labels are finding themselves at risk of alienating the middle class.
A customer leaves a luxury eyewear shop in Hong Kong on Wednesday.
BUSINESS / Tech
Dec 19, 2024
As bitcoin soars, luxury brands consider accepting crypto payments
Luxury labels have long sought to cater to affluent shoppers from the tech industry.
Gucci’s newest boutique bar is moody, chic and delightfully louche.
LIFE / Food & Drink / Kanpai Culture
Dec 15, 2024
From Florence to Osaka, Gucci’s newest concept bar oozes style
Gucci Giardino Osaka carves out its own identity through a fusion of Italian and Japanese influences set against the backdrop of the city’s fast-paced, urban landscape.
Gifting secondhand used to have a bad rap, but it doesn’t carry the taboo it once did.
BUSINESS
Dec 14, 2024
How to buy a secondhand gift someone might actually want
Gifting secondhand used to have a bad rap, but thanks to more environmentally conscious consumers, it doesn’t carry the taboo it once did.
A pure gold tea bowl that was stolen in April during a department store exhibition and later found at an antique shop in Tokyo.
JAPAN / Crime & Legal
Nov 15, 2024
Man found guilty of stealing ¥10.4 million tea bowl from Tokyo exhibition
Masaru Horie was handed a prison sentence of two and a half years, suspended for four years.
Rare bottles of Suntory’s Hibiki 100th anniversary whisky can only be purchased duty-free in-flight on ANA Holdings and Japan Airlines are highly sought-after items among whiskey aficionados.
BUSINESS
Oct 26, 2024
Rare whisky on sale duty free for first-class fliers in Japan
The rare bottles are highly sought-after items among whiskey aficionados and often sell for a lot more in liquor shops and online stores.
Stays at Aman Kyoto start at around $2,500 (about ¥375,000) and increasing to $4,000 (about ¥600,000) per night, but for the right traveler, it's not money entirely wasted.
LIFE / Travel
Oct 19, 2024
Kyoto’s most expensive hotel offers inner peace — for a price
Aman Kyoto is one of the most luxurious options for stays in Japan’s ancient capital — but is it worth the hefty price tag?
A Louis Vuitton store under construction in the Sanlitun area of Beijing on Oct. 12
BUSINESS / Companies
Oct 17, 2024
LVMH sales drop as Chinese demand for costly handbags cools
Organic revenue at its key fashion and leather goods unit fell 5% in the third quarter, its worst performance since the second quarter of 2020.
Migrant workers and union members hold a demonstration in favor of fair working conditions in the Made in Italy supply chain, in Geneva on Sept. 11.
BUSINESS
Sep 19, 2024
How migrant workers suffer to craft the 'Made in Italy' luxury label
Brands rely on a chain of contractors and subcontractors, with checks on conditions and the treatment of workers virtually nonexistent.
A Ferrari seized by the Tokyo Regional Taxation Bureau which will be put up for auction
JAPAN
Aug 23, 2024
Tokyo’s tax agency will auction off $390,000 Ferrari it seized
Other high-end items up for auction include luxury real estate and a rare bottle of Suntory Holdings' cult-favorite whisky Hibiki 30.
Japan considers all possible options as Trump threatens new auto tariffs
Subaru cars awaiting export at a port in Yokohama on Thursday.
Massive quake kills at least 150 in Myanmar and Thailand
Medical workers treat a earthquake survivor on a bed in the compound of a hospital in Naypyitaw on Friday, after an earthquake in central Myanmar.
Tokyo police seek public's help on Setagaya family murder 24 years ago
Police seek information from the public on a high-profile murder case, in Setagaya Ward, Tokyo, on Saturday
Student suicides in Japan hit all-time high
A volunteer handles an incoming call at the Tokyo Befrienders call center, a suicide hotline center in Japan's capital.
Copyright questions loom as ChatGPT's Ghibli-style images go viral
A screenshot of OpenAI CEO Sam Altman's Ghibli-style profile picture on X
Recent spate of wildfires in Japan and South Korea linked to climate change
Smoke and flames rise from a wildfire in Andong, South Korea, on Tuesday.
Hanami season to have record ¥1.39 trillion economic impact on Japan
Cherry blossoms along a road in Tokyo on Tuesday. The 2025 cherry blossom season is expected to have an economic impact of around ¥1.39 trillion on Japan.
Tokyo Series proves to be big business for MLB — and Japanese companies
An advertisement featuring Shohei Ohtani in Tokyo.
New SDF command will be key for contingency planning, Australian commander says
A Maritime Self-Defense Force SH-60K "Super Auk" from JS Shiranui prepares to land on HMAS Brisbane during Exercise Malabar 2023 while off the coast of New South Wales, Australia.
Japanese wages likely to rise more than 5% again this year
Wages are set for another big increase this year as annual negotiations secure generous agreements.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

The sun shines from behind a waving Philippine flag at the Manila American Cemetery and Memorial.
Eighty years after the Battle of Manila, old foes forge new ties
By Anton L. Delgado

SUSTAINABLE JAPAN

Yamagata’s Zao Onsen Ski Resort is a classic beauty
Yamagata’s Zao Onsen Ski Resort is a classic beauty

SPECIAL SUPPLEMENTS note

Read more

SUPPLEMENTS BINDER