Federal judge blocks luxury brand merger between Tapestry and Capri
Kudrow panelists Liz Peek and Caroline Downey react to the FTC's lawsuit to block the $8.5 billion Tapestry-Capri merger. A federal judge blocked the lawsuit Thursday. Merger pending The luxury handbag and accessories maker proposed acquiring Tapestry and Capri on the grounds that it would stifle competition. The proposed $8.5 billion merger between Tapestry and […]
IDF Publishes Video of Yahya Sinwar Fleeing with Luxury Goods Before Oct. 7
The Israel Defense Forces (IDF) on Saturday released footage of Hamas leader Yahya Sinwar escaping from a basement with luxury goods late at night on October 6, 2023. His wife had a $32,000 handbag. Sinwar knew that Hamas was planning a major terrorist attack on Israel the next day, and clearly knew that he would […]
Luxury electric automaker’s abandoned California headquarters ‘left in complete disarray,’ landlord says
See what's being clicked on FoxBusiness.com. The landlord of former electric car maker Fisker's California headquarters says the building has been left in “complete disarray” since the company filed for bankruptcy. Tony Lentini of Shamrock Properties, in a court filing Friday, provided photos of the La Palma office on Sept. 27, the day Fisker handed […]
Leaders Of Union That Threatened To Shut Down Economy Have History Of Splurging On Luxury Restaurants, Resorts
Leaders of the International Longshoremen's Association (ILA), which recently splurged on expensive restaurants and fancy beach resorts, threatened to “paralyze” the American economy over unsatisfactory wages. Members of the Coastal Workers Union set up picket lines at docks across the East Coast on Tuesday. blame corporate greed and carry A sign with the words “Profits […]
Romanian Court Orders Return Of Seized Luxury Cars To Andrew Tate
Andrew Tate (C) speaks to journalists as he is taken for questioning by Romanian military police after a 10-hour police raid at his military post in Bucharest on August 21, 2024. (Photo by DANIEL MIHAILESCU/AFP via Getty Images) OAN Staff Avril Elfie12:03 PM – Tuesday, October 1, 2024 A Romanian court has ruled that controversial […]
Abandoned luxury hotel in Florida will reopen after 17 years
The long-awaited luxury hotel that closed in 2007 is finally reopening in the heart of Palm Beach, Florida. L+R Iconic Luxury Hotels purchased the property in 2019 in a prime location just steps from the coastline. The company spent three years working to restore the property to its former glory. Palm House opens in November. […]
Walz blasted for huddling with George Soros’ son at NYC luxury apartment: ‘Billionaire nepo baby’
Minnesota Governor and Democratic vice presidential candidate Tim Walz came under fire on social media this week for visiting the luxury Manhattan mansion of Alex Soros, the son of billionaire liberal megadonor George Soros. “It's an honor to welcome Governor Tim Walz to my New York City home!” said Alex Soros, who succeeded his father […]
Ex-Goldman Sachs HQ is converted into luxury rentals with pads going for up to $10K a month
Goldman Sachs' former Wall Street headquarters is being converted into housing and will soon welcome new residents who will be willing to pay up to $10,000 a month to secure their own corner office in the Financial District. The skyscraper at 55 Broad Street, which served as the headquarters for Goldman Sachs from 1967 to […]
NYC luxury residential tower to feature secret ‘trophy’ space for commercial tenants
When does over 200,000 square feet of new office space opening in the middle of a tough market go unnoticed? When they're inside an eye-catching, 1,000-foot-tall, mostly apartment skyscraper on Fifth Avenue. Due for completion next year, the Lavina-led project at 520 Fifth Avenue is best known for offering 100 luxury condominiums. The KPF-designed tower […]
Two new tenants at famed NYC towers bolster luxury retail market
Two significant new leases have been signed in prime Midtown locations, providing a boost to Manhattan's overall luxury retail market and landlords. In a post-pandemic world of omerta, sources must remain anonymous. Strict non-disclosure agreements do little to keep information confidential and significantly reduce lawyers' billable hours. Our spies have revealed that Bonhams, the venerable […]