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☆ Luxury stocks have gotten a huge boost from China's stimulus this week
▼ + stars: | 2024-09-27 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

European luxury stocks have struggled this year amid weak Chinese demand. AdvertisementEuropean luxury stocks rallied sharply this week as a wave of Chinese stimulus measures spurred hopes of more spending. On Monday, the day before the stimulus measures were announced, Bank of America analysts cut their price objectives on luxury stocks by an average of around 20%. They also downgraded four luxury stocks to neutral, and another from neutral to underperform — leaving just three luxury stocks at buy ratings. Now, it seems investors are banking on the stimulus measures to bring luxury spending back to the country.

Persons: Cartier, —, Burberry, Hugo Boss Organizations: Hermes, Service, Bank of America Locations: China, EU, Japan

☆ Anna Sawai and ‘Shōgun’ cast led the Emmys — and its red carpet
▼ + stars: | 2024-09-16 | by ( Oscar Holland | ) edition.cnn.com time to read: +3 min

And on the red carpet outside LA’s Peacock Theater, the show’s cast and crew (and their significant others) produced some of the evening’s most eye-catching fashion, too. But it was his actress wife Kurumi Nakata who wowed the red carpet in a kimono featuring gold detailing worthy of a historical Japanese painting. Moeka Hoshi wore a chiffon Miu Miu gown. Amy Sussman/Getty ImagesBeyond the main cast, actor Moeka Hoshi, who has a recurring role in the series, impressed in a look by Miu Miu, the sister label to luxury giant Prada. "Shōgun" creators Justin Marks and Rachel Kondo pose on the red carpet.

Persons: CNN —, ”, Anna Sawai, Vera Wang, Cartier, Sawai, Lady Mariko, Karla Welch, “, ” Welch, Vogue, ” Hiroyuki Sanada, Gilbert Flores, Tadanobu Asano, Kurumi Nakata, Danny Moloshok, Hiroyuki Sanada, Yoshii Toranaga, Moeka Hoshi, Miu Miu, Amy Sussman, Yuko Miyamoto, Yuka Kouri, Yuka Kouri's, Jae C, Yuko, Kevin Mazur, Rachel Kondo, Justin Marks —, James Clavell’s, Christopher John Rogers, Justin Marks, Frazer Harrison, Shōgun ” Organizations: CNN, Dior, Variety, Golden Globe

☆ These mid-tier brands are winning in fashion while luxury struggles
▼ + stars: | 2024-09-12 | by ( Madeline Berg | ) www.businessinsider.com time to read: +6 min

Read previewTanking share prices, excess stock flooding outlets, a slowdown in once-reliable China: 2024 has been a tough year for luxury brands. AdvertisementTo find relief from high luxury prices, those consumers are turning to midlevel brands like clothing store Zara and jewelry brand Pandora, which are thriving. "It is acceptable for people to buy accessories with luxury brands and then buy apparel at Zara." Advertisement"With these other product ranges apart from charms, they think they are benefiting from the downtrading of consumers," Sokolova said. The trick for both Zara and Pandora will be maintaining their appeal when aspirational consumers can once again spend on luxury.

Persons: —, Gucci, Claire Tassin, Tassin, Levato, Kering, Louis Vuitton, LVMH, TK, Jelena Sokolova, Michael Kors, Zara, Pandora, it's, Sokolova, It's, Pamela Anderson, Tiffany Organizations: Service, Business, Morning, Brands, Bain & Company, Gucci, Morningstar, Cartier Locations: China, Spanish, Danish, Paris, Morocco, Portugal, Turkey, Europe, Zara

☆ Venice Film Festival red carpet showcases old Hollywood glamour
▼ + stars: | 2024-08-30 | by ( Leah Dolan | ) edition.cnn.com time to read: +3 min

Some of the looks on the red carpet at the 81st Venice Film Festival could suggest the year was 1924, rather than 2024. Since the 11 day event began on August 28, attendees have given elegant nods to old Hollywood glamour: from time-honored dress silhouettes to vintage-inspired accessories. Taylor Russell floated across the carpet in a pale yellow silk crepon dress with a matching scarf attached to the train. Stefania D'Alessandro/WireImage/Getty ImagesChilean actor Mariana di Girolamo similarly resurrected a vintage silhouette for her Venice Film Festival appearance. The lesson is simple, and applicable to both fashion and film: Sometimes old is gold.

Persons: Tilda Swinton, Audrey Hepburn, Pablo Larrian’s “ Maria ” —, Maria Callas —, Angelina Jolie, Tamara Ralph, Jolie, Marlene Dietrich, Joan Crawford, Greta Garbo, Tamara Ralph’s, Angelina Jolie's, Gisela Schober, Taylor Russell's Loewe, Jolie wasn’t, Maria ”, Taylor Russell, Loewe, Marilyn Monroe, Monroe, Coco Chanel, Isabelle Huppert, Huppert, Cartier, Isabelle Huppert's Balenciaga, JB Lacroix, Mariana Di Girolamo, Stefania D'Alessandro, Mariana di Girolamo, ”, Di Organizations: CNN, 81st, British Vogue, Getty, Venice Locations: 81st Venice, yore, British, Chilean

☆ Gen Z Women Are Getting Into Personal Finance Tips to Invest and Save
▼ + stars: | 2024-08-12 | by ( Emilie Friedlander | ) www.businessinsider.com time to read: +13 min

These women talk openly about being rich and wanting to help other women become rich too. She also launched a platform called Treasury, which says it has helped women invest over $80 million in the stock market. "I couldn't really find anyone who was teaching money the way that I wanted to learn it," Sacks said. And it's probably getting really smart about how you save money, taking the money that you are saving and investing it and building wealth." Young women, on the other hand, are turning to more tried-and-true tactics.

Persons: Dave Ramsey, Tori Dunlap, It's, Dunlap, Dow Jones, Simran Kaur, Rachel Rodgers, Z, Kaur, Zers, Haley Sacks, Sacks, Cartier, Kylie Jenner, Suze Orman, it's, they're, Rita Soledad Fernández Paulino, Leah Sheppard, Gen Zers, —, Rita Soledad Fernández Paulino Sacks, Kyla Scanlon, Scanlon, aren't, Fernández Paulino, weren't Organizations: Economic, Institute, Washington State, Carson College of Business, GameStop, Fidelity Investments, Federal Reserve's Survey, Consumer Finances Locations: Tacoma , Washington, Dunlap, Instagram, Zealand, York, California

☆ LMVH and other global luxury brands are hurting as Chinese shoppers rein in spending
▼ + stars: | 2024-07-26 | by ( Anna Cooban | ) edition.cnn.com time to read: +4 min

London CNN —The value of some of the world’s best-known luxury companies is plunging as Chinese consumers pull back on spending, with even the most exclusive brands feeling the pain. The rout seems to be accelerating, with those sales tumbling 14% in the second quarter, according to results published late Tuesday. “For now, the (luxury) market remains volatile as investors reassess the once-held belief that luxury brands are a safe-haven investment, shielded from broader economic downturns,” Jochen Stanzl, chief market analyst at CMC Markets, told CNN. “The Chinese market contracted slightly; the market situation in the premium and luxury segment in China remained weak,” the company said. China’s economy grew 4.7% year-on-year in the second quarter of the year, according to official data released last week, missing economists’ expectations and marking the weakest growth since the first quarter of 2023.

Persons: Bernard Arnault’s, Louis Vuitton, Christian Dior, ” Jochen Stanzl, Richemont, Cartier, ”, Gucci, Kering, Hermes, Birkin, Olesya Dmitracova Organizations: London CNN, Prada, CMC Markets, CNN, Europe’s, Reuters, Porsche, Benz, Bain & Company Locations: Asia, Japan, China, Paris, Hong Kong, China , Hong Kong, Macao, North America, Europe, United States

☆ The luxury outlook in China just keeps getting worse
▼ + stars: | 2024-07-25 | by ( Lian Kit Wee | ) www.businessinsider.com time to read: +4 min

Consumer spending in China has been improving "more moderately than before COVID-19," Luca Solca, a luxury goods analyst at Bernstein, told Business Insider. In its most recent quarter, Burberry's Chinese sales revenue declined 21% from last year. Massive discounts and online shoppingTo try to boost sales, luxury brands have given massive discounts to Chinese consumers. Luxury goods are still popular with wealthy Chinese shoppers — just not in China. Not all luxury brands are feeling the heat in China.

Persons: —, LVMH, Jean, Jacques Guiony, Luca Solca, Bernstein, Solca, Hugo Boss, Richemont, Cartier, Versace, Marc Jacobs, Damien Yeo, Yeo, TD Cowen, Guiony, Hermès Organizations: Service, Gucci, Business, Consumer, Swatch, Asia, Brands, Balenciaga, Bloomberg, Burberry, Fitch Solutions Locations: Asia, China, China , Hong Kong, Macau, Asia Pacific, Japan

☆ The most luxurious pieces Glen Powell and Daisy Edgar-Jones have worn on their 'Twisters' press tour
▼ + stars: | 2024-07-22 | by ( Amanda Krause | ) www.businessinsider.com time to read: +1 min

Glen Powell and Daisy Edgar-Jones are turning heads with their style while promoting "Twisters." Powell has been sporting luxury accessories from Tag Heuer and Tom Ford on red carpets. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Advertisement"Twisters" is having one of the most glamorous press tours of the year — and it's all thanks to Glen Powell and Daisy Edgar-Jones. This story is available exclusively to Business Insider subscribers.

Persons: Glen Powell, Daisy Edgar, Jones, Powell, Tom Ford, Cartier, — Organizations: Gucci, Service, Business

☆ It looks like the party's over for luxury goods in China
▼ + stars: | 2024-07-17 | by ( Grace Dean | ) www.businessinsider.com time to read: +5 min

Read previewHugo Boss, Burberry, Richemont, and Swatch have all called out slumping sales in China this week as consumers cut back on luxury spending. Swiss watch group Swatch said it expects the Chinese market "to remain challenging for the entire luxury goods industry until the end of the year." But much of this spending has been overseas, and sales in China have fallen for some of the world's biggest luxury brands. AdvertisementBefore the pandemic, about two-thirds of Chinese luxury spending occurred outside mainland China, plummeting to less than 10% in 2021 and 2022 because of travel restrictions, according to data from Bain. The consultancy said that this started to rebound in 2023 with the return of overseas tourism, with an estimated 30% of luxury spending taking place outside mainland China.

Persons: —, Hugo Boss, Burberry, Gerry Murphy, they've, Bain, Luca Solca, Vacheron Constantin, Marc Jacobs, Versace, Richemont Organizations: Service, Swatch, Business, Bain & Company, Richemont, Cartier, Burberry, Financial Times, Bain, Prada, The Financial Times, Luxury Summit Locations: China, Swiss, Americas, Hong Kong, Macau, Japan, South Korean, East

☆ Critics roasted LVMH for spending big on Tiffany. 4 years later, the bet doesn't look so bad.
▼ + stars: | 2024-07-06 | by ( Madeline Berg | ) www.businessinsider.com time to read: +13 min

When luxury giant LVMH shelled out $15.8 billion for storied jewelry company Tiffany in 2021, it faced outsize expectations. On the luxury resale site The RealReal, Tiffany is the most-searched jewelry brand of 2024 so far. Meanwhile at Tiffany, LVMH is using a team of Cartier veterans. Growing pains have tarnished TiffanyBut reviving a luxury brand isn't easy, and investors have been murmuring that Tiffany's turnaround hasn't met expectations. "When you go into a Tiffany store, you're going to expect to have that amazing experience in customer service."

Persons: —, Blake Lively, Gabrielle Union, Hailey, Katy Perry, Tiffany, That's, haven't, Bernard Arnault, they're, Cartier, it's, — hasn't, Arnault, Abraham Lincoln, Mary Todd, Theodore Roosevelt, LVMH, Fflur Roberts, HSBC's Rambourg, Cindy Ord, Rambourg, Bernard Arnault's baguette, Euromonitor's Roberts, Bulgari, Jelena Sokolova, Morningstar, China —, Roberts, Jeremy Moeller, Vierig, It's, Van, Taylor Swift, Chiara Battistini, " Roberts, There's, Battistini, Audrey Hepburn, — it's, LVMH's Tiffany, Hailey Bieber, Taylor Hill, Sokolova, I'm Organizations: Service, Business, LVMH's, HSBC, Bloomberg, Getty, Cartier, Fifth, Nike, McKinsey Locations: Manhattan, China, Asia, Paris, Tiffany, influencers, LVMH's

☆ Deepfake video targeting Zelensky’s wife linked to Russian disinformation campaign, CNN analysis shows
▼ + stars: | 2024-07-02 | by ( Gianluca Mezzofiore | ) edition.cnn.com time to read: +5 min

Yet, it gathered some 18 million views in 24 hours on X, where it was reposted by pro-Russian influencers. A CNN analysis shows Verite Cachee was set up recently, on June 22, 2024, and some of its pages still have prompts with AI to create fake articles at the top of the piece. They then integrate the story through social media, starting with real pro-Russian influencers who are part of their network,” he told CNN. A report by Recorded Future, a leading cybersecurity company, also identified Veritee Cachee as being part of the same disinformation network. Given the size and resources of the network, it is likely some Russian support or financing is happening, Clément Briens, a senior threat intelligence analyst at the company, told CNN.

Persons: Volodymyr Zelensky, Olena Zelenska, Clément, Bugatti, Autofficina Parigi, “, ”, deepfakes, Cachee, Darren Linvill, they’ve, Patrick Warren, Zelenska, Veritee, Zelensky, Biden, ” Briens, Emmanuel Macron Organizations: London CNN, Bugatti, Lovers Group, Group, Schumacher, Bugatti Paris, CNN, Clemson University’s, YouTube, “, Clemson, DC Weekly, NATO Locations: Paris, Russian, France, Ukraine, “, Linvill, Cartier, New York, Europe

☆ Hongkong Land plans $1 billion luxury retail destinations in financial hub
▼ + stars: | 2024-06-27 | by ( ) www.cnbc.com time to read: +1 min

Hongkong Land announced a more than $1 billion, three-year investment in ultra-luxury retail in the heart of the city's financial district on Wednesday. Hongkong Land announced a more than $1 billion, three-year investment in ultra-luxury retail in the heart of the city's financial district on Wednesday. The expansion plan comes against a backdrop of overall sliding retail and office markets in Hong Kong, where vacancy rates are at record high levels. But Hongkong Land said its "Very Important Customer" group has continued to spend more in 2023 and 2024, an average of HK$1 million ($128,080) each last year. VIC contributed around 80% of the company's luxury retail sales in Hong Kong.

Persons: Jardine Matheson, Cartier, Louis Vuitton Organizations: Hongkong Land, Hong Kong's, Tiffany, Co, Louis, HK, VIC Locations: Hong, Hong Kong

☆ I threw a $30,000 'divorce party' and tossed my wedding ring into the sea
▼ + stars: | 2024-06-27 | by ( Jane Ridley | ) www.businessinsider.com time to read: +6 min

I hadn't expected it to be so emotional, but the high point of my divorce party was taking a slingshot and launching my wedding ring into the ocean. It might have cost $30,000, but my divorce party was worth every cent. It was one of the reasons I decided to celebrate my new look and new-found freedom with the divorce party. AdvertisementPhilipp kicked off her divorce party with a boudoir shoot —and a black heart cake. As for my wedding ring — a platinum piece from Cartier that I'd bought for myself in Copenhagen for $1,000— we had a mock ceremony when I pitched it into the sea.

Persons: —, Sabrina Philipp, — clapped, Philipp, Sabrina Philipp I, Bonnie, Clyde —, Ashlee Huff, hadn't, lacy, Dom Perignon, Cartier, I'd Organizations: Service, Chicks, Business, University of Florida, Cartier Locations: Bali, Australian, Europe, Scotland, Australia, Denmark, Copenhagen, Edinburgh, New York City, Miami, Canada , California , Texas, North Carolina, Florida, Miami Beach

☆ The luxury conglomerate behind Cartier is beating LVMH at its own game
▼ + stars: | 2024-06-19 | by ( Madeline Berg | ) www.businessinsider.com time to read: +10 min

But there's another corporation beating LVMH at its own game, and you probably haven't even heard of it: Richemont. Switzerland-based Richemont, behind brands like Cartier, Van Cleef & Arpels, and Piaget, is having a moment. "All of this favors the most established brands: Cartier and Van Cleef." Driven by Richemont's top brands, Cartier and Van Cleef, sales gained 7% in the country, including Hong Kong and Macau, in Richemont's 2024 fiscal year. "If you're in a bar or restaurant, you're sitting at a distance, you can recognize the Labra pendant from Van Cleef.

Persons: —, Louis Vuitton, Bernard Arnault's, Van Cleef, Piaget, outperforming LVMH, Saint Laurent, It's, Cartier, Chiara Battistini, it's, Gucci, Arnault, Johann Rupert, Rupert, Richemont, Fflur Roberts, HSBC's Rambourg, Diana —, Tim Graham, Jelena Sokolova, Morningstar, Rambourg, Euromonitor's Roberts, Van, Keith Tsuji, Sokolova, Cleef, Nicolas Bos, — Bos, Nicholas Bos, Jared Siskin, I've, What's, JPMorgan's Battistini, Bos, Porter Organizations: Service, LVMH, Business, Cartier, Gucci, HSBC, Google, JPMorgan, Credit Suisse, Deloitte, Local, Art Basel, McKinsey, Prada Locations: Switzerland, China, Euromonitor, Hong Kong, Macau, Art Basel Hong Kong, Asia

☆ Robert Pickton: Canadian serial killer dies aged 74 after prison assault
▼ + stars: | 2024-06-01 | by ( Amarachi Orie | ) edition.cnn.com time to read: +2 min

CNN —Canadian serial killer Robert Pickton - who was convicted of killing six women and confessed to killing dozens more - died after being attacked earlier this month by another inmate, prison authorities said. Pickton is one of the most notorious serial killers in Canadian history, bringing his victims to his pig farm and feeding their remains to his animals. Pickton had been operating a pig farm in the nearby city of Port Coquitlam, where police found the remains of 33 women. However, Pickton confessed to murdering 49 women when talking to an undercover police officer in a jail cell. The case became the largest serial killer investigation in Canada’s history and Pickton’s pig farm became the largest crime scene in Canadian history, with investigators taking 200,000 DNA samples.

Persons: Robert Pickton, Pickton, Pickton’s, “, Cynthia Cardinal, Georgina Papin, Michele Pineault, Stephanie Lane, ” Organizations: CNN, Cartier, Correctional Service Canada, CSC, Canadian, Globe Locations: Canadian, Canada’s Quebec, Downtown Eastside, British Colombia, Port Coquitlam, British Columbia

☆ Shares of Cartier owner Richemont climb 6% on record full-year sales, new CEO
▼ + stars: | 2024-05-17 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

Shoppers line up to enter a Cartier store, a unit of Cie. Financiere Richemont SA, on Canton Road in the Tsim Sha Tsui area of Hong Kong. Shares of Swiss luxury group Richemont climbed as much as 6.3% Friday after the company reported record full-year sales, even as Asia-Pacific spending waned. The Cartier owner said group sales rose 3% at actual exchange rates to an all-time high of 20.6 billion euros ($22.38 billion) in the financial year ending in March, despite a weakening outlook for luxury brands. Fiscal fourth-quarter sales fell 1% to 4.8 billion euros at actual rates, driven by a slowdown in Asia-Pacific. In a separate statement, the company announced Nicolas Bos, CEO of Van Cleef & Arpels, as its new group CEO, effective June 1.

Persons: Financiere, Cartier, Johann Rupert, Nicolas Bos, Van Cleef Organizations: Cartier, Cie, Financiere Richemont SA Locations: Canton, Tsui, Hong Kong, Asia, Pacific, London, Asia Pacific

☆ RFK Jr. running mate Shanahan says campaign supports abortion limits ‘between 15 and 18 weeks’
▼ + stars: | 2024-05-16 | by ( Aaron Pellish | ) edition.cnn.com time to read: +5 min

CNN —Robert F. Kennedy Jr.’s running mate, Nicole Shanahan, says their campaign supports federal limits restricting abortion access “between 15 and 18 weeks” of gestation, the latest statement on the issue after the campaign walked back recent comments made by Kennedy in opposition to government limits on abortion. “The campaign stance right now is very much, you know, looking at terms and limits, and the campaign very much supports limits on abortion,” she said. Kennedy said in a podcast interview released last week that he opposes any government limits on abortion access. In the new interview, Shanahan also expressed support for individual states deciding on abortion access, echoing Kennedy’s skepticism of the federal government regulating health care. But she said she’s concerned state-level abortion restrictions could make the issue “over-politicized.”“I think that the trend towards, you know, states making these decisions is good.

Persons: Robert F, Kennedy Jr, Nicole Shanahan, Kennedy, Shanahan, Cartier, ”, Wade, – Kennedy, affirmatively, Susan B, Anthony Pro, ” Angela Stanton King, Kennedy’s, Stanton King, ” Kennedy, Roe, Lis Smith, it’s, Robert Kennedy Jr, ” Smith, Smith, “, ” Shanahan, “ Let’s, “ women’s, CNN’s Eva McKend Organizations: CNN, Democratic National Committee Locations: Roe, Alabama, North Dakota

☆ Whoopi Goldberg revealed what one 'Sister Act' star did after her mother died
▼ + stars: | 2024-05-07 | by ( Olivia Singh | ) www.businessinsider.com time to read: +3 min

Read previewWhoopi Goldberg revealed that her "Sister Act" costar, Maggie Smith, consoled her after she learned of her mom, Emma Johnson's, death in 2010. Goldberg recalled the touching moment in her new memoir " Bits and Pieces: My Mother, My Brother, and Me ," released Tuesday. AdvertisementMaggie Smith as Mother Superior and Whoopi Goldberg as Deloris Van Cartier in "Sister Act." "I explained to Maggie Smith what was going on and apologized for having to fly home as soon as I could. "That's when this magnificent woman, Dame Maggie Smith, went from being my backstage company to being my friend through the rest of the night," she said.

Persons: —, Whoopi Goldberg, Maggie Smith, Emma Johnson's, Goldberg, cohost, Superior, Clyde K, Johnson, Smith, Mother Superior, Deloris Van Cartier, Goldberg's, Emma Johnson, John Nacion, Dame Maggie Smith, Maggie, I've Organizations: Service, London Palladium, Business, Variety Locations: San Francisco

☆ Sylvester Stallone’s watches to go on sale, including ‘holy grail’ of timepiece collecting
▼ + stars: | 2024-05-07 | by ( Issy Ronald | ) edition.cnn.com time to read: +3 min

That watch was the “most beautiful thing I’d ever seen,” Stallone said in a video released by Sotheby’s, and sparked a decades-long love of watch collecting. And now, the Hollywood star is auctioning 11 watches from his personal collection at a Sotheby’s sale in New York on June 5. Among the items is the rare Patek Philippe Grandmaster Chime, which is expected to fetch as much as $5 million, as well as watches he wore in some of his films. The Grandmaster Chime is the most complicated ever Patek Philippe watch. Another Patek Philippe watch, this one from its Nautilus family, is expected to sell for up to $400,000.

Persons: Sylvester Stallone, Gregg Allman, Allman, ” Stallone, Sotheby’s, Philippe Grandmaster, Philippe, “, Phillipe, Stallone, Audemars Piguet, Cartier, Sotheby's Organizations: CNN, Hollywood, Rolex Locations: New York

☆ How to buy your first luxury watch
▼ + stars: | 2024-05-03 | by ( Christy Choi | ) edition.cnn.com time to read: +9 min

Learn the lingoJust like buying a car, there are some technical terms prospective watch buyers can benefit from knowing. Parts of the watchCrown: Small knob found on the side of the watch used to change the date and time. Automatic movement: A mechanical watch that does not need a battery to move, it relies on movement from the wearer to wind. Buy a watch for the right reasons and consider what you need from itDon’t get sucked into hype around a watch. See if the designer made any othersWhile on the lookout for a watch to wear to his wedding, Pang saw a six-figure Audemars Piguet watch.

Persons: you’ve, it’s, Patek Philippe, Cartier, Vacheron Constantin, Sotheby Asia’s, Joey Luk, Charles Frodsham, “, ”, Johnathan Chan, you’re, Helbert Tsang, Tim Stracke, don’t, Luk, Carlos Pang, Pang, Gerald Genta, Chan, … Organizations: CNN, Rolex, Horology, Facebook, IWC, ” Locations: haute, Hong Kong, Geneva

☆ Cartier tried to stop a man from buying $13,600 earrings for $13 after a website typo, but he got them anyway
▼ + stars: | 2024-05-02 | by ( Amanda Krause | ) www.businessinsider.com time to read: +3 min

Read previewRogelio Villarreal Jasso got extremely lucky when he found heavily discounted Cartier earrings online. On December 1, 2023, the Mexico native noticed an Instagram advertisement for gold-and-diamond Cartier earrings priced at 232 pesos, or about $13, he told Business Insider. AdvertisementThe Cartier earrings purchased by Rogelio Villarreal Jasso. After being contacted by the agency, Cartier seemingly took matters into its own hands and settled the issue by sending Jasso his order. "It is more important to be honorable than to have Cartier earrings," she wrote.

Persons: —, Rogelio Villarreal Jasso, Cartier, Jasso, Champagne, Lilly Téllez Organizations: Service, Business, Federal, The New York Times, The Times, Times Locations: Mexico, Cartier's Mexico

☆ Pagó 13 dólares por unos pendientes Cartier de 13.000. Luego, la joyería le dijo que fue un error
▼ + stars: | 2024-04-26 | by ( Emily Schmall | ) www.nytimes.com time to read: 1 min

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☆ He Paid $13 for $13,000 Cartier Earrings, and Then the Jeweler Noticed
▼ + stars: | 2024-04-26 | by ( Emily Schmall | ) www.nytimes.com time to read: 1 min

Rogelio Villarreal knew nothing about the French jeweler Cartier, he said, when an ad popped up on his Instagram feed last December. He clicked on it, perusing the pages of bling and other luxury items, including handbags, watches and necklaces, each listed for thousands of dollars. Then Mr. Villareal, who lives in Mexico, noticed a pair of earrings: slender studded 18-carat rose-gold cuffs lined with diamonds, priced at just 237 Mexican pesos, or about $13. He bought two pairs. Later, the price for the earrings was adjusted on the Cartier website to 237,000 pesos — more than $13,000.

Persons: Rogelio Villarreal, Cartier, Villareal, — Organizations: Cartier Locations: Mexico, Tamaulipas, Mexican

☆ Analysts love this gold explorer's stock — and even the most cautious expect it to soar 114%
▼ + stars: | 2024-04-22 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Winmill expects shares to rise 114% to 4.50 Canadian dollars ($3.27) from current levels. Arizona Metals's stock has a consensus price target of 6 Canadian dollars, representing a potential upside of 185%, according to FactSet data. BMO Capital Markets analyst Rene Cartier has a price target of 6.50 Canadian dollars on the stock, giving it upside potential of 209%. Beacon Securities analyst Bereket Berhe, meanwhile, has set a price target of 10.50 Canadian dollars, suggesting a potential upside of 400%. This makes Scotiabank's price target the most conservative among analysts polled by FactSet.

Persons: Kay, bode, Eric Winmill, Winmill, Rene Cartier, Bereket Berhe Organizations: Arizona Metals Corp, Scotiabank —, Scotiabank, AMC, Arizona Metals's, BMO Capital, Beacon Securities, FactSet Locations: Canadian, Phoenix , Arizona, United States, Arizona

Those are some of the most fascinating items found in lost luggage in 2023, according to a new report by Unclaimed Baggage, a store that buys lost items from airlines, sight unseen. The company has long-term contracts to buy unclaimed items from airlines, as well as hotels, trains and rental car companies. Unclaimed Baggage opened a "Found Treasures" museum in Scottsboro, Alabama, in 2023 to showcase the oddest items acquired through the years. Then he found them at Unclaimed Baggage and brought them back to her." Source: Unclaimed Baggage

Persons: Richard Nixon, Louis, Bryan Owens, Cartier, Owens, Owen's, Doyle Owens, Doyle, There's, … we're, Owen, Louis Vuitton, —, …, Jimmy Choo, Yves Saint Laurent —, it's, they've, David Bowie Organizations: Louis Vuitton Nike Air Force, CNBC Travel, Rolex Locations: Scottsboro , Alabama, Scottsboro, America, West Coast, Atlanta

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