Tag - luxury-goods

 
Menu
Search
 
November 22, 2024
 

Today's print edition

Home Delivery
Subscribe for more access

LUXURY GOODS

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.
Shoppers outside a Sephora store in Vancouver on Aug. 15
BUSINESS / Companies
Aug 22, 2024
LVMH’s Sephora cuts around 10% of staff in China as its woes deepen
While Sephora has expanded to some 300 stores since entering China in 2005, the country is increasingly difficult for higher-end retailers to navigate.
Customers stand in line outside a Louis Vuitton store in Tokyo's Ginza district on July 19.
BUSINESS / Companies
Aug 2, 2024
Luxury brands count cost as shoppers from overseas enjoy weak yen discount
Goods sold in Japan by global luxury brands, ranging from designer sneakers to whisky, now tend to be cheaper in dollar terms than elsewhere.
The Porsche booth at the Beijing International Automotive Exhibition in Beijing on April 25
BUSINESS / Economy
Jul 24, 2024
China’s slowdown is taking a rising toll on European profits
From luxury brands to carmakers, more trouble is coming for European businesses heavily reliant on demand in the Asian economic giant.
A man walks past a store of luxury brand Burberry at a shopping mall in Beijing in 2021.
BUSINESS / Markets
Jul 17, 2024
Luxury brands feel the sting as Chinese growth slows
China accounted for 16% of $393.8 billion of global luxury spending last year, but the economy grew slower than expected in the last quarter.
An employee checks on items at a Komehyo store in Nagoya.
BUSINESS / Companies
Jul 16, 2024
Thrift store operator Komehyo pushing to expand business overseas
The company hopes to become the world's top retailer of secondhand luxury brand items by tripling its overseas sales in four years.
Several examples of rare and expensive fruits at Melissa’s Produce in Los Angeles on May 22.
BUSINESS
Jul 3, 2024
The world of luxury fruit: Does a $156 melon taste sweeter?
The United States is developing an appetite for luxury fruits long known in countries like Japan and South Korea.
To be the best of the best, according to the exclusive Relais & Chateaux group, Japan's 'ryokan' inns need to leave guests with "a transcendental feeling."
LIFE / Travel
Jun 29, 2024
To Relais & Chateaux, not all ‘ryokan’ inns are created equal
In Japan, this exclusive association has partnered with just 13 hotels and traditional 'ryokan' inns and seven stand-alone restaurants spread across the country.
The Dior investigation focused on four suppliers employing 32 staff who worked in the surroundings of Milan, two of whom were immigrants in the country illegally while another seven worked without the required documentation.
BUSINESS / Companies
Jun 11, 2024
LVMH's unit put under court administration in Italy over labor exploitation
A probe alleged that the Italian subsidiary, which makes Dior-branded handbags, had subcontracted work to Chinese-owned firms that mistreated workers.
Hakone in Kanagawa Prefecture will host one of three ryokan Hyatt is set to launch with Kyoto-based developer Kiraku in 2026.
BUSINESS / Companies
Jun 2, 2024
Hyatt doubles down on Japan with line of luxury ryokan
The first three locations are scheduled to start opening in 2026 in Kanagawa, Oita and Kagoshima prefectures.
Counterfeit nail products branded with the logo of Louis Vuitton
JAPAN / Crime & Legal
May 28, 2024
Aichi woman referred to prosecutors for selling counterfeit nail products
She allegedly sold nail products bearing the logos of luxury brands such as Louis Vuitton and Chanel via social media and flea market apps.
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
JAPAN / Society
Apr 26, 2024
Japan wants you to spend more with ‘luxury tourism’
The country is looking to nudge affluent tourists to lesser-known destinations with the offer of unique experiences of culture, craftsmanship and nature.
This pure gold tea bowl was stolen last week during a department store event and has been found at an antique shop in Tokyo.
JAPAN
Apr 16, 2024
Stolen pure gold tea bowl recovered at Tokyo antique shop
During the exhibition, the pure gold tea bowl was on display with no lock or alarm system.
Masafumi Kurisaka shows off a box of luxury Sakura Momo Ichigo strawberries, which can fetch a hefty price at auction.
COMMUNITY / Our Lives / 20 QUESTIONS
Apr 15, 2024
Masafumi Kurisaka: 'The fewer the flowers, the bigger the strawberry'
Masafumi Kurisaka turned his back on a corporate job to go into the family business: luxury strawberries that fetch a hefty price.
Peru's President Dina Boluarte, who is facing an inquiry into possible illicit enrichment and failure to declare ownership of luxury watches, addresses the audience during an assistance program for the elderly, in Lima on Feb. 22.
WORLD / Politics
Apr 3, 2024
How Rolexes put Peru's presidency at risk
Dina Boluarte is under investigation for illicit enrichment for possessing luxury timepieces watches without proving how she got them.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
Ruling coalition and DPP strike last-minute deal over economic policy
DPP policy chief Makoto Mahaguchi speaks at the party's policy gathering in Tokyo on Wednesday.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.
For Dr. Nakamats, aging is just experience in action
Though he didn't win the recent gubernatorial election in Tokyo, the 96-year-old Dr. Nakamats' run was seen as inspirational in Japan's aging society.

Podcast

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

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
By Kathryn Wortley

SUSTAINABLE JAPAN

mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world
mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

SPECIAL SUPPLEMENTS note

Read more

SUPPLEMENTS BINDER