France has so much extra wine, it’s paying farmers $334 million to destroy it

A fall in demand for French wines, a more competitive market and lingering pandemic problems have hit winemakers in the regions of Bordeaux and Languedoc so hard that the French government will soon pay them US$215 million (AUD$334m) to sell off their surplus—and has set aside other money to help grape-growers shrink their vineyards. Key […]

Tested: 2023 Aston-Martin Vantage F1

The Aston-Martin Vantage has one of those perfect, chiseled visages evoking some of the perfect humans scattered about Hollywood and its suburbs where the supercar’s weeklong test took place. What I especially loved – what I’ve loved about all Aston-Martins I’ve tested since I started driving them in 2004 – is how unlike everything else […]

Rolex to acquire watch retailer Bucherer

Two historic names in the watch industry have now become partners. Iconic Swiss watchmaking brand, Rolex, has acquired Bucherer, one of the world’s largest watch retailers. In a statement, Rolex said Bucherer will keep its name and continue to operate as an independent company. Rolex said it made the decision to buy the retailer after […]

On Kobe Bryant Day, fans ‘want a piece’ of the late star

For hardcore NBA fans August 24 marks a very important date in their calendar, Kobe Bryant Day. It’s a day where they pay tribute to the late star and his daughter Gianna, who tragically lost their lives in a helicopter crash in January 2020. For collectors it means much more. Key Takeaways It’s been more […]

The luxury fashion trend taking Australia by storm

Luxury fashion retailer, Net-A-Porter’s, ‘lifestyle’ category, which includes elevated wearable pieces and wardrobe staples, has seen a 75% increase in order count in 2023, compared to 2022. Speaking to Forbes Australia, YOOX Net-A-Porter’s APAC GM, Natalie Lee, says the lifestyle category is now the company’s most significant growth driver. “In Australia, we have seen the […]

What it takes to run LVMH’s oldest fashion house

Pascale Lepoivre has fronted luxury fashion brand Loewe since 2016, expanding the company’s physical retail presence in the Asia-Pacific region and executing category expansions. As the company opens its new Melbourne location on Collins Street, which is its largest retail footprint in Australia, Lepoivre sits down with Forbes Australia for a Q&A. LOEWE is 175 […]