Watches of Switzerland Tumbles After Trump’s 39 percent Tariff Salvo The world of luxury timepieces is feeling the heat as Watches of Switzerland, the renowned retailer of Rolex and other Swiss watches, experiences a significant setback. Following President Trump’s bold move to impose a hefty 39 percent tariff on Swiss watches, the company’s shares have […]
Bernard Arnault’s Private Equity Firm Leads $800 Million Investment in Flexjet
Bernard Arnault’s Private Equity Firm Leads $800 Million Investment in Flexjet Flexjet, the world’s second-largest private jet company, is gearing up for a significant boost thanks to a massive $800 million investment led by L Catterton, the private equity firm backed by renowned businessman Bernard Arnault. This strategic move is set to enhance Flexjet’s position […]
Hilton to Enter Cruise Business with Waldorf Astoria Nile Ship
Hilton to Enter Cruise Business with Waldorf Astoria Nile Ship Luxury hospitality giant Hilton is making waves in the cruise industry with its latest venture: the Waldorf Astoria Nile River Experience. Set to debut in late 2026, this move marks Hilton’s entry into the competitive world of cruising, following in the footsteps of other renowned […]