Why the £160,000 ‘Oscars goodie bag’ could come with a five-figure debt
The bundle of luxury goods given to Academy Award nominees is an unofficial cash-in – and could mean a hefty tax bill for its recipients
Luxury goods sector
Hard times for luxury Swiss watches as sales drop 10%
Swiss watch federation reports huge drop in exports to China as official crackdown on bribery makes it worst year for industry since 2009
Gucci owner gets teeth into snakeskin market with python farm
Luxury group Kering says snakes will be raised in the ‘best conditions’ before they are turned into shoes, bags and belts
We name this ship Brexit Britain – yacht firms toast booming market
Fall in pound since the EU referendum has turbo charged sales, say British boat builders
The World’s Most Expensive Toys review – watch before your Christmas shop
A Swarovski-crystal-encrusted rocking horse and luxury doll’s house complete with miniature posh family are probably not what your children need
Superyachts and bragging rights: why the super-rich love their ‘floating homes’
An academic spent six years studying the lavish boats of multimillionaires. Her conclusion: showing off the owners’ wealth and status matters more than travel