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July 23, 2025
 

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LUXURY GOODS

Delta Air Lines last week reported a 5% year-on-year jump in its second-quarter premium ticket revenue, compared to a 5% decline in main cabin revenue.
BUSINESS
Jul 21, 2025
U.S. airlines reap rewards from premium travel strategy amid demand slump
Strong demand from affluent travelers is helping airlines offset a pullback in spending by price-sensitive customers.
The working conditions cited by prosecutors shed light on the differences in wealth between people purchasing luxury goods and many of those making them.
BUSINESS / Companies
Jul 15, 2025
LVMH’s Loro Piana faces court oversight in Italy labor probe
In some factories, working hours mostly exceeded the 8-hour legal standard, employees slept on shop floors and were paid a fraction of Italy’s legal minimum, prosecutors said.
Jane Birkin’s original Hermes Birkin bag displayed at Sotheby’s in Paris, on July 3
BUSINESS / Companies
Jul 11, 2025
Hermes’ original Birkin bag sells for $10 million at auction to a Japanese buyer
The price shattered the previous record for a handbag at auction, a rare Himalaya Kelly bag in crocodile with a diamond that sold for about $510,000.
Renault CEO Luca de Meo delivers a speech during a Renault-Nissan-Mitsubishi news conference to present updates for the automotive alliance in Boulogne-Billancourt, on Dec. 6, 2023. De Meo, who is leaving Renault, is reportedly taking on the CEO job at luxury group Kering.
BUSINESS / Companies
Jun 16, 2025
Outgoing Renault boss de Meo set for CEO job at Gucci owner Kering: report
Such a move would mark a dramatic change at the luxury group, which has struggled to reinvigorate its top brand after the COVID-19 pandemic.
Novak Djokovic plays a forehand return to Italy's Jannik Sinner during their men's singles semifinal match on day 13 of the French Open tennis tournament at the Roland-Garros Complex in Paris on June 6, 2025.
TENNIS
Jun 11, 2025
No rest, no gain: Novak Djokovic’s go-to tools for a mind and body reset
Japan residents with deep pockets now have a chance to replicate Djokovic’s wellness and longevity routines at Aman Tokyo.
Sales of luxury properties in Tokyo, like Azabudai Hills’ Aman Residences, have pushed up average real estate prices in the capital.
BUSINESS / Companies
May 27, 2025
Luxury Tokyo penthouse sold for over $65 million in new record
Home prices in Tokyo have been on a broad upward trend, driven by rising construction costs and a limited supply of new buildings.
While for Aston Martin, it’s all about delivering luxury, their regional president for Asia Gregory Adams' start in the auto industry in Japan was far more humble.
BUSINESS / Companies
May 6, 2025
The drive for luxury: Aston Martin Asia's president explains the desire for more
“No one needs an Aston Martin,” said the company's regional president for Asia — it is more about emotion and less about practicality.
The Four Seasons Hotel Osaka opened in 2024, just one of many new luxury accommodations the city boasts ahead of the 2025 World Expo.
LIFE / Travel
Apr 12, 2025
Osaka Expo-bound? Take your pick of the city’s new luxury hotels.
Increased capacity makes lodging a buyer’s market, as intense competition keeps prices down and encourages hotels to differentiate themselves from the pack.
Shirakawa-go in Gifu Prefecture in 2017. Travel agencies catering to luxury tourists often include areas outside well-known cities such as Tokyo and Kyoto in their itineraries offered.
BUSINESS
Apr 11, 2025
A trip to remember: Japan answers the demand for curated luxury travel
Creating a unique experience that luxury travelers feel they can hold on to well after their trip is part of the challenge.
U.S. President Donald Trump holds a bag as he visits the Louis Vuitton Rochambeau Ranch leather workshop in Keene, Texas, in 2019.
BUSINESS / Companies
Apr 10, 2025
LVMH finds making Louis Vuitton bags messy in Texas
Former staff say Louis Vuitton’s Texas plant wastes up to 40% of leather and encouraged defect coverups to hit targets.
Sources say a hui suo — a private club, which in Japan caters mainly to Chinese businesspeople — will soon open on the upper floors of the Moutai Building in the Ginza district of Tokyo.
JAPAN / Society
Mar 16, 2025
Private clubs quietly open in Tokyo for free-spending Chinese businesspeople
With the economy weak in China and opportunities harder to come by there, more wealthy individuals have been flocking to Japan.
A Prada sign sits at an entrance to one of its stores in central Milan, Italy, in 2017. Prada and Capri could finalize a deal for Versace this month.
BUSINESS / Companies
Mar 4, 2025
Versace owner Capri jumps on Prada moving closer to purchase
A purchase would run counter to a decadeslong trend of Italian fashion groups being taken over by foreign firms.
The luxury Seven Stars in Kyushu train trades the hyper-efficiency of typical rail travel in Japan for a slower, more decadent version.
LIFE / Travel
Mar 1, 2025
Aboard Japan’s most luxurious train, the journey is the destination
For those with yen to burn, the Seven Stars in Kyushu is one of the most luxurious ways to experience some of southern Japan’s best hidden gems.
While Japan's luxury goods market remains strong, its seconhand resale market is proving just as much a draw for tourists searching for great bargains — as long as they can manage to get their hands on the real deal.
LIFE / Style & Design
Mar 1, 2025
Not even Japan is safe from counterfeit luxury goods
Despite a reliable reputation, Japan’s secondhand luxury market is still vulnerable to fakes and counterfeits.
Minor Hotels and Royal Holdings executives explain their joint venture at a news conference last week in Tokyo.
BUSINESS / Companies
Feb 17, 2025
Thailand's Minor Hotels entering Japanese market with Royal Holdings JV
The 50-50 joint venture aims to have 21 hotels in Japan by 2035.
Branded bags are displayed at a secondhand store in Tokyo in December.
BUSINESS
Feb 2, 2025
Secondhand shops rush for branded goods in Japan
Some operators have partnered with department stores, while others have use AI to determine the value of vintage luxury goods.
The Tiffany & Co. store on Fifth Avenue in New York in 2023
BUSINESS / Companies
Jan 28, 2025
Tiffany workers mock forced 'joy' that exacerbated staff exits
When Tiffany & Co. executives were looking for ways to boost staff morale, they rolled out an internal social app called "Tiffany Joy.” It didn’t take long to turn into a chore.
Analysts see the benefits of increased tourism in Japan, already felt in some areas, spreading to more domestic stocks this year.
BUSINESS / Companies
Jan 22, 2025
Luxury and hotel stocks are all the rage as tourists flock to Japan
Japan welcomed almost 37 million inbound visitors in 2024.
Scheduled to welcome its first guests in early 2025, the Waldorf Astoria Osaka is just one of many luxury hotel openings Japan has seen in recent months.
LIFE / Travel
Jan 4, 2025
Japan’s ‘quiet revolution’ of luxury travel nears fruition
“The Japanese luxury travel scene has undergone quite the metamorphosis over the past decade,” says one industry insider.
A Dior store front in Rome. Despite passing audits, Dior's contractors in Italy have been accused of labor abuses.
BUSINESS / Companies
Jan 2, 2025
Inside luxury goods' broken audit system
Revelations of worker exploitation in Dior's Italian production chain have exposed flaws in supply chain audits and triggered judicial action.
Foreign residents closely follow Japan's election and party pledges
A police officer walks past posters of Liberal Democratic Party candidates, as well as one showing Prime Minister Shigeru Ishiba, outside the party's headquarters in Tokyo on Sunday. As Japan’s foreign population continues to rise, one of the talking points during Sunday’s election was how the country should deal with the increase of international residents.
‘Japanese First’ Sanseito emerges as powerful force after Upper House poll
Sanseito leader Sohei Kamiya in Tokyo on Sunday night
The rise of AI companionship in a lonely Japan
In 2020, 38% of all households were single-person. That figure is projected to rise to 44.3% by 2050.
Ishiba clings to leadership after election setback
“As the first party in parliament, we have to fulfill our responsibility with the public so as to prevent politics from stagnating or drifting away,” Prime Minister Shigeru Ishiba said at a news conference at the Liberal Democratic Party headquarters in Tokyo on Monday.
Japan ruling bloc loses majority in Upper House after election drubbing
Prime Minister Shigeru Ishiba, who serves concurrently as president of the Liberal Democratic Party, leaves at the party's headquarters following announcement of Upper House election result projections in Tokyo early Monday.
Ishiba clings to leadership after election setback
“As the first party in parliament, we have to fulfill our responsibility with the public so as to prevent politics from stagnating or drifting away,” Prime Minister Shigeru Ishiba said at a news conference at the Liberal Democratic Party headquarters in Tokyo on Monday.
Japan’s top brands get tied up in the great sunscreen debate
A coral reef in Okinawa in July 2022. Some jurisdictions around the world have moved to ban certain sunscreens in a bid to protect coral reefs, but some say the impact on reefs is far from clear.
Pentagon looks to unleash ‘military drone dominance’
U.S. Secretary of Defense Pete Hegseth hosts a drone demonstration at the Pentagon in Arlington, Virginia, on July 10.
‘Noto Democracy’ and the slow work of civic change
Yukio Iokibe’s “Noto Democracy" centers on Motoyuki Takii, a former junior high school teacher who publishes a handwritten newspaper every month to encourage the residents of Anamizu, Ishikawa Prefecture, to engage in local politics.
In microbes we trust: Embracing the nature of fermented food
You don't need an oven to make Kenji Morimoto's easy and delicious Miso Sticky Toffee Crepe Cake.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

In 2020, 38% of all households were single-person. That figure is projected to rise to 44.3% by 2050.
The rise of AI companionship in a lonely Japan
By Alex K.T. Martin

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