Danielle KayeBusiness reporter Getty Images Shoppers leave a Saks Fifth Avenue store on December 30, 2025 in Chicago, Illinois. On a recent January morning, tourists admired the rows of Balenciaga and Burberry handbags on display at Saks Fifth Avenue’s flagship midtown Manhattan location. But a conversation on the second floor hinted at financial troubles at […]
Tag: luxury
Three luxury yachts sink in Sydney as fire rips through exclusive Mosman marina | Australia news
Three vessels have sunk after a fire ripped through luxury yachts moored at a Sydney marina overnight. Emergency services were called to The Spit marina in Mosman at 3.30am on Friday after reports of a fire, New South Wales police said in a statement. On arrival, emergency services found a yacht “well alight”, police said. […]