Arnault Drops Out of World’s Top 10 Richest as US Tech Dominates
The LVMH chairman’s net worth fell to $143 billion on Thursday, pulling him beneath Warren Buffett, Bloomberg reported.

The technology giant and the financial services company are jointly issuing the Apple Card, with expectations to hit $1.4 billion of high-margin revenue by 2023.

The technology giant and the financial services company are jointly issuing the Apple Card, with expectations to hit $1.4 billion of high-margin revenue by 2023.

The former Burberry and Apple executive's appointment comes at a time when the the start-up is pushing for more luxury home listings.

The former Burberry and Apple executive's appointment comes at a time when the the start-up is pushing for more luxury home listings.

The Alphabet Inc. unit agreed to acquire Fossil Group intellectual property in a bid to boost the search giant’s nascent efforts in the category.

The Alphabet Inc. unit agreed to acquire Fossil Group intellectual property in a bid to boost the search giant’s nascent efforts in the category.

Apple is trying woo newspapers like the WSJ and NYT to join Texture, an app that offers unlimited access to about 200 magazines. But can the tech giant disrupt publishing like it disrupted music?

Apple is trying woo newspapers like the WSJ and NYT to join Texture, an app that offers unlimited access to about 200 magazines. But can the tech giant disrupt publishing like it disrupted music?
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"Apple is surprisingly good at building great AI. But is it good enough to beat Google?"

"Apple is surprisingly good at building great AI. But is it good enough to beat Google?"

This week, logistics company ZTO Express set terms for what could be the largest US initial public offering this year and Alibaba introduced a new payment system that allows shoppers to make a payment by nodding.

This week, logistics company ZTO Express set terms for what could be the largest US initial public offering this year and Alibaba introduced a new payment system that allows shoppers to make a payment by nodding.

BoF talks to key players at Condé Nast, Apple and the Costume Institute at the Metropolitan Museum of Art to unpack the meaning of its latest exhibit on the evening of the Met Gala.

BoF talks to key players at Condé Nast, Apple and the Costume Institute at the Metropolitan Museum of Art to unpack the meaning of its latest exhibit on the evening of the Met Gala.

Macau, home to the world’s biggest gambling center, is trying to diversify its image by welcoming luxury-brand shoppers.

Macau, home to the world’s biggest gambling center, is trying to diversify its image by welcoming luxury-brand shoppers.
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Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.

Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.

Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.

Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.

Apple Inc. and China's state-owned credit card processor have announced plans to launch the Apple Pay electronic payment system in China.

Apple Inc. and China's state-owned credit card processor have announced plans to launch the Apple Pay electronic payment system in China.

Bigger screens, easier payment options combined with revamped retail websites and shopping applications customized for phones are changing consumer behavior.

Bigger screens, easier payment options combined with revamped retail websites and shopping applications customized for phones are changing consumer behavior.
The LVMH chairman’s net worth fell to $143 billion on Thursday, pulling him beneath Warren Buffett, Bloomberg reported.
The partnership, which will kick off at the A24-owned, New York-based Cherry Lane Theatre, will comprise live events for film and theatre featuring established and emerging creative talent.
The black silk evening dress by Greek designer Christina Stambolian could fetch close to $300,000.
The retailer's improved outlook reflects resilience among higher-income shoppers, despite broader economic uncertainty.
Shares slumped over 11 percent in premarket trading Thursday, following a flat quarterly gross-margin forecast as persistent softness at the company's core brands outweighed a second-quarter revenue beat.
The decision is a major about-face for the budget fashion chain as it tries to stem falling sales ahead of its split from Associated British Foods.
An internal memo reviewed by Bloomberg sought to clear up misunderstandings around the brand’s coming removal from the S&P 100.
The New York-based designer is tasked with reviving the 156-year-old luxury fashion house, which filed for Chapter 11 bankruptcy in 2018.