L’Oréal heiress Francoise Bettencourt Meyers—world’s second-richest woman—retiring from company’s board
Bettencourt Meyers, whose grandfather founded L’Oréal, is stepping down from her vice chairmanship of the company’s board.
Luxury
Silversea expands its S.A.L.T. culinary program
Some five years ago, the luxury cruise line Silversea decided to upend its dining and drinks offerings, figuratively of course, with something unlike anything else at sea. And thus was born their successful S.A.L.T. culinary and cocktail experiment that continues to evolve with each new ship iteration and which complements the already wide range of dining options on their ships.
Dubai unlocked: Inside the secret billionaire hideaways
Forbes investigated and mapped out the multimillion-dollar homes of CZ, Mukesh Ambani and the emirate’s other ultra-rich property owners.
‘Liberating luxury’: First look inside Sydney’s unconventional W Hotel
In a landmark position on Darling Harbour, the W Hotel channels a great Australian icon: the larrikin. Targeting millennium and Gen Z guests, design features of the hotel reference tattoos, grafitti, and ocean predators.
Luxury for rent: The Volte’s plans to disrupt fast-fashion
Former lawyer, Bernadette Olivier was inspired by companies like AirBnb and Uber when she and three friends started luxury dress sharing platform, The Volte, five years ago. Now it has just partnered with eBay and has become the biggest luxe clothing rental company of its kind the world.
How to profit from indulgence
Luxury-goods companies are riding high on strong sales of exclusive brands, sought after by cashed up consumers.