In Macy’s Inc.’s recent earnings call, the most surprising news was the opportunity it sees in luxury. It surprised CNBC’s Lauren Thomas too, who immediately got on the phone with CEO Jeff Gennette to get the scoop.
Guaranteeing a minimum of 16 weeks of paid time off for expecting mothers and fathers, the hospitality group is setting new standards with the global policy.
The French footwear and leather goods brand highlights the bestseller with help from English actor Rupert Everett, French chef Mory Sacko and German bartender Charles Schumann.
Scheduled to open in late 2027, the 145-room new-build will feature hallmarks from the five-star hotel, such as The Drawing Room restaurant and its signature butler service.
Together, the two sites offer three driver development tracks and programs designed for a range of drivers, from first-time visitors to longtime owners.
A sculptural paper chandelier, calligraphy-etched wallpaper and Meisterstück-detailed door handles set the tone at the German luxury maison's first Australian flagship store.
Up 9 percent year-over-year, sustained momentum from Miu Miu and the completion of the Versace acquisition in December 2025 drove the Italian luxury group’s performance.
China, Japan, the Middle East and India emerge as the “most influential engines” to drive scale this year, according to new findings from the consulting firm.
