Hermes

Consumer

Loser of 2024: The Luxury Market

Photo by Energepic.com via Pexels

Luxury brands were riding the subway instead of lounging in limos this year, though a couple of brands were able to buck the trend.

1 min read

Photo by Moonik via CC BY-SA 3.0

Consumer

Hermès Keeps Up Its Luxury Exceptionalism

Hermès reported financial results on Thursday that showed the scarf and handbag maker is doing pretty well.

1 min read

Photo by Daniel X. O’Neil via CC BY 2.0

Industries

Posh Soho House Gets Premium Buyout Offer as It Balances Prestige with Scaling Up

The offer would put an 83% premium on Soho’s Wednesday closing price and comes a year after it had to close off admissions in three cities.

2 min read
Photo via Oura

Technology

Smart Ring Maker Oura Doubles Valuation to $5.2 billion

One ring to rule them all… at least, Oura hopes so. On Thursday, it announced a new $200 million funding round.

2 min read
Photo by Gage Skidmore via CC BY-SA 2.0

Economics

A Government Shutdown May Be Looming. What Does That Actually Mean?

Will a shutdown happen? Maybe not. But what if it does? What would a holiday season shutdown actually mean?

2 min read

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