Allegra Perry, managing director at Cantor Fitzgerald, says currency movements have had a negative effect on luxury brands' earnings.» Read More
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Among all the toys billionaires buy themselves, mega-yachts dominate the top-10 list of the most expensive luxury purchases, according to Wealth-X.
Remo Ruffini, chairman of Moncler, hits back at the criticism that the company only offers down jackets, saying the luxury retailer could look at knitwear and shoes in the future.
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