Tag: Luxury Goods

An environmentally friendly diamond is forever? Around $350 will buy you Pandora’s new lab-grown jewel

Pandora, the world’s biggest jeweler, which is best known for its silver charm bracelets, said that it will stop selling mined diamonds and switch to affordable, laboratory-grown gems as part of a broader focus on sustainability. “Diamonds are not only forever, but for everyone,” said Pandora Chief Executive Alexander Lacik in a statement on Tuesday […]

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Global Q1 gold demand down 23% year on year

Global gold demand in the first quarter dropped from a year ago on the back of a more than 70% year-on-year decline in gold investments, according to a report from the World Gold Council released Thursday. Total world gold demand for the quarter was at 815.7 metric tons, down 23% compared with the first quarter […]

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European stocks struggle for traction. Shares of LVMH and SAP climb on results

European stocks struggled for traction on Wednesday, as investors mulled concerns over COVID-19 vaccines and looked toward the start of earnings season. Shares of SAP and LVMH Moet Hennessey and easyJet climbed on well-received results. The Stoxx Europe 600 index SXXP, +0.12% inched up 0.1% to 436.33, after a modest move up on Tuesday. The […]

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Comparing the 2021 Genesis G80 to the 2021 Mercedes-Benz E-Class

Coming in nearly $8,000 lower, the 2021 Genesis G80 takes on the 2021 Mercedes-Benz E-Class. Both offer luxury, technology, and sporty handling. Here’s how they compare. Above average: Available all-wheel drive; plenty of driver assists; unique looks; powerful twin-turbo V6; optional adaptive suspension. Below average: No V8 or hybrid option; lacks brand cachet of competitors; small trunk. […]

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