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Lost resorts: The Credit Suisse loan debacle
Eight luxury resorts backed by the bank are either in foreclosure, bankruptcy or liquidation.By William D. CohanCredit Suisse, the large Swiss financi...
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Luxury makes a comeback
Jaguar, Oakley, and other brands are trying to put the 'lux' back in luxury, despite the recession.By Suzanne KapnerHere's what the financial crisis s...
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Luxury at any (low) price
Outlets are the bright spot going into an otherwise dim retail season.By Sheridan PrassoOn an overcast English morning, two women from middle England ...
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Selling luxury during a downturn
Italian handbag-maker Antichi Pellettieri is making a play for U.S. consumers, but can it succeed at a time like this?By Sarah KabourekEntering a new ...
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Texas bank hit by California dreaming
Although the failure of Austin-based Guaranty Bank looms, its problems reflect the housing bubble in the Golden State rather than issues at home.By Co...
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A warning bell on California muni bonds
As sure as the sun will set on the Golden State, analyst Martin Weiss says California is going to default.By Jon BirgerKnown for his early warnings on...
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Can Meg Whitman save California?
In a bad economy, this sorry state has the worst credit rating and the highest taxes. The former eBay chief wants to run it like a business. Is that a...
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Discreet luxury: The Audi S4
For years, Audi has suffered from an inferiority complex in the U.S. It didn’t feel it was getting any respect from potential buyers.Lately, it has be...
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Record sales for recession-proof luxury cars
Americans may be contemplating deflation and a third depression, while Europe is watching to see if Portugal, Italy, and Spain follow Greece to the br...
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奢华旅游放低身段渡难关
楠塔基特岛奢华游或将“大众化”?奢华旅游业江河日下。史蒂夫•凯斯旗下的高端旅游公司Exclusive Resorts最近新开设了一个私人俱乐部Portico,专门帮助会员以相对低廉的价格享受奢华的度假设施。按照Exclusive Resorts的现有业务,会员需一次性交纳170,000美元的入会费,...
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