The Prestige Edit

Finance

2 articles

European luxury brand representatives engaging with AI billionaires in a high-stakes networking event set against a backdrop of modern architecture.
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European luxury brands court AI billionaires in the US

In San Francisco, a seller lists a $3 million home, openly accepting shares of OpenAI or Anthropic as payment, Fortune reports.

Sebastian Duval·June 3, 2026
Luxury handbags displayed in a dimly lit, high-end boutique, symbolizing the shifting dynamics and potential challenges in the luxury market.
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LVMH sees Q1 revenue dip amid shifting luxury market dynamics

LVMH's flagship Fashion & Leather Goods segment, a historical powerhouse, recorded its first year-on-year decline in Q1 2026, with a 2% organic drop.

Henry Caldwell·April 15, 2026