Luxury shopper recovery faces four key headwinds

The 19-story façade of the Louis Vuitton luxury store stands wrapped in a design reminiscent of their monogrammed trunks in Manhattan, New York City. Spencer Platt | Getty Images News | Getty Images High-end spenders are painting a mixed picture when it comes to the luxury market’s long-awaited recovery, with softer sales still weighing on…

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Singapore is ranked No. 1

Singapore has the world’s strongest passport — again, according to the latest Henley Passport Index. The ranking, released Tuesday, shows the small nation-state retaining the top spot in the index, after it broke a six-way tie for the accolade earlier this year. In 2024, Singapore shared the top ranking with Japan, Germany, Italy, Spain and…

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Burberry (BRBY) earnings Q1 2025/26

People walk by the Burberry store on East 57th Street during Memorial Day weekend on May 25, 2025 in New York City. Craig T Fruchtman | Getty Images Entertainment | Getty Images American shoppers are buying into the allure of British heritage fashion, providing a glimmer of hope for beleaguered Burberry‘s turnaround even as U.S….

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Las Vegas Sands’ $8 billion luxury resort in Singapore: What to know

Construction has started on an $8 billion “ultra luxurious” integrated resort in Singapore that will expand the city-state’s Marina Bay Sands integrated resort and Las Vegas Sands’ presence in Asia. Singapore’s Prime Minister Lawrence Wong and Las Vegas Sands co-founder Miriam Adelson attended a ground-breaking ceremony Tuesday, where it was revealed that the development will…

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