As Coach Swallows Versace, A Crypto Divide Grows in Luxury Fashion
Tapestry, the New York-based fashion conglomerate that owns Coach and Kate Spade, among other brands, announced Thursday that it has agreed to acquire Capri Holdings—the parent company of Versace, Jimmy Choo, and Michael Kors—for roughly $8.5 billion. While the deal is only the latest merger of…#coach #katespade #capriholdings #versace #jimmychoo #michaelkors #louisvuitton #tiffany #balenciaga #yvesstlaurent
Source: Reuters: Health - August 10, 2023 Category: Consumer Health News Source Type: news

U.S. Judge Strikes Down F.D.A. Regulation of Premium Cigars
Hand-rolled, specialty cigars should not be subject to the broader F.D.A. regulatory rules over tobacco use, a federal judge ruled.
Source: NYT Health - August 10, 2023 Category: Consumer Health News Authors: Christina Jewett Tags: your-feed-healthcare Decisions and Verdicts Regulation and Deregulation of Industry Law and Legislation Suits and Litigation (Civil) Esophageal Cancer Smoking and Tobacco Luxury Goods and Services Lung Cancer American Cancer Society Fo Source Type: news

KC ’s Serviam hires its new president from client Bickford Senior Living
Serviam Care Network, which focuses on better care and outcomes for less cost in senior living, made an unusual hire: Its new president most recently was a longtime senior executive at one of Serviam ’s current customers.
Source: bizjournals.com Health Care:Biotechnology headlines - August 10, 2023 Category: Biotechnology Authors: Leslie Collins Source Type: news

America ’s New Fashion Powerhouse Is Still Dwarfed by Europe’s Luxury Giants
Tapestry’s $8.5 billion acquisition of Capri would create a conglomerate with more than $12 billion in annual sales, but it would still lack the high-wattage labels and diversity that have fueled LVMH’s success.#capri
Source: Reuters: Health - August 10, 2023 Category: Consumer Health News Source Type: news

Tapestry and Capri Announce a Luxury Mega Merger
A Versace runway show in March. Tapestry, the fashion company that owns Coach and Kate Spade, agreed to acquire Capri Holdings, the parent of Michael Kors and Versace. Tapestry, the fashion company that owns Coach and Kate Spade, said on Thursday it had acquired Capri Holdings, the parent of…#versace #coach #katespade #capriholdings #michaelkors #stuartweitzman #jimmychoo #tapestry #louisvuitton #kering
Source: Reuters: Health - August 10, 2023 Category: Consumer Health News Source Type: news

Clarence Thomas: Here Are All The Ethics Scandals Involving The Supreme Court Justice Amid Latest ProPublica Revelations
Supreme Court Justice Clarence Thomas has come under renewed scrutiny after ProPublica reported Thursday the justice has received far more luxury vacations, private jets and other gifts from wealthy friends than previously known—the latest in a series of recent controversies involving Thomas that…#supremecourt #clarencethomas #propublica #sokol #huizenga #davidsokol #hwaynehuizenga #paultonynovelly #superbowl #harlan
Source: Reuters: Health - August 10, 2023 Category: Consumer Health News Source Type: news

Clarence Thomas ' s Life of Luxury Has Had Even More Conservative Benefactors: Report
It’s not just Harlan Crow. It’s not just the wealthy and well-connected he rubs elbows with at the Horatio Alger Association. According to a new ProPublica report, Clarence Thomas has enjoyed at least 38 luxury vacations — including private jet travel and VIP tickets to sporting events — from…#harlancrow #propublica #clarencethomas #supremecourt #richardpainter #donfox #davidsokol #berkshirehathaway #hwaynehuizenga #paultonynovelly
Source: Reuters: Health - August 10, 2023 Category: Consumer Health News Source Type: news

European equities and Wall Street futures rise ahead of US inflation data
Global travel and luxury goods stocks jump as China relaxes group tour ban
Source: Reuters: Health - August 10, 2023 Category: Consumer Health News Source Type: news

European Stocks Lifted by Luxury as China Eases Travel Curbs
Source: Reuters: Health - August 10, 2023 Category: Consumer Health News Source Type: news

New management of bankrupt Vantage Travel to reimburse customers who had trips canceled 100% in travel credits
Jilted customers of Vantage Travel, the luxury cruise line that went bankrupt in June and canceled trips worth thousands of dollars, will receive 100% reimbursement to put toward future travel thanks to new buyer Pacific Travel. According to details of an agreement outlined in federal bankruptcy…#vantagetravel #pacifictravel #safaris #airlines #boston #massachusetts #chapter11 #unitedtravelpteltd #nordichamburg #heritageexpeditions
Source: Reuters: Health - August 9, 2023 Category: Consumer Health News Source Type: news

Capital One Ventures Invests $25 Million in Luxury Travel Subscription Brand Inspirato
Luxury travel subscription brand Inspirato has entered into a definitive agreement for a new $25 million convertible note investment from Capital One Ventures. The funding will provide the brand the opportunity to further advance its mission of leveraging innovation to drive customer satisfaction…#inspirato #capitaloneventures #inspiratocofounder #brenthandler #capitalones #nathankrishnamurthy #airbnb #tripadvisor #mattgoldberg
Source: Reuters: Health - August 8, 2023 Category: Consumer Health News Source Type: news

The RealReal (NASDAQ:REAL) Misses Q2 Sales Targets, But Stock Soars 5.5%
Secondhand luxury marketplace The RealReal (NASDAQ: REAL) in Q2 FY2023, with revenue down 15.3% year on year to $130.9 million. Next quarter's outlook also missed expectations with revenue guided to $125 million at the midpoint, or 5.07% below analysts' estimates. The RealReal made a GAAP loss of…#realreal #fy2023 #gaap #stockstoryedge #gmv #johnkoryl #juliewainwright
Source: Reuters: Health - August 8, 2023 Category: Consumer Health News Source Type: news

Around the World in 24 Days: Is a Luxury ‘Jet Cruise’ for You?
FALL FOR IT Victoria Falls is a stop on a Four Seasons’ ‘African Wonders’ 2025 jet cruise. JULES VERNE’S Phileas Fogg and his valet Passepartout managed to get “Around the World in Eighty Days.” Had the heroes of Verne’s 1872 adventure novel had access to today’s “jet cruises”—the airborne…#itvictoriafalls #julesvernes #phileasfogg #aroundworld #safrans
Source: Reuters: Health - August 8, 2023 Category: Consumer Health News Source Type: news

Silicon Valley presented AI as a noble research tool. Now it ' s all about cold, hard cash
None Tech firms once had the luxury of pursuing expensive AI research. • None But the rise of ChatGPT has pushed them to prioritize the commercialization of the technology. • None It's a sign that companies hope AI will play a greater role in boosting revenue. There was a time when companies…#deepmind #google #openai #meta #markzuckerberg #yearofefficiency #llama2 #joellepineau
Source: Reuters: Health - August 8, 2023 Category: Consumer Health News Source Type: news

Luxury EV Startup Affirms Key Goal. Shares Waver
maintained its annual EV production target late Monday while badly missing earnings and revenue estimates for the second quarter. Lucid stock wavered early Tuesday, after ending Monday's session not far from a 52-week low. The luxury EV startup also said it has bolstered its balance sheet for…#rivian #tesla #ludic #lucid #astonmartin #zacharykirkhorn #reservations #airev #gravity
Source: Reuters: Health - August 8, 2023 Category: Consumer Health News Source Type: news

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