Man buys Lamborghini after getting nearly $4m in coronavirus loans, authorities say
Complaint alleges Florida man bought luxury goods after receiving PPP loans meant to help small businesses hit by the pandemic
Edward Helmore
‘Death of an icon’: the downfall of Barneys New York
What was once New York’s premier fashion store is entering its last days before closing – but luxury lives on elsewhere
Wealthy people are spending less – are they seeing signs of a recession?
A recent USB report found wealthy investors are increasing their cash reserves, adding to growing evidence suggesting they see trouble on the horizon
Can fashion keep its cool … and help save the planet?
The catwalk world of glamour and luxury hides a business that thrives on wasteful consumerism. Now the climate crisis is forcing a rethink
‘Nazi Porsche’ valued at $20m fails to sell amid California auction confusion
Type 64 car built in 1939 is not technically a Porsche but was still expected to fetch a high price at Sotheby’s Monterey sale
Bankruptcy for Barneys? Symbol of New York luxe faces uncertain future
Management ‘actively evaluating opportunities’ as collapse of the store would be a significant, symbolic blow to retail