The French Lifestyle

For the first time in decades, major luxury brands are seeing their revenue and/or profits decline across the board. But why? Is the luxury industry in trouble?... Let's start by trying to define what "luxury" is, if you don't mind. In the Roman sense of the term, the origin of the word “luxury” can be traced back to the Latin “luxuria,” which means “extravagance or excess.” The ancient...

When the world's wealthiest individuals seek to immortalize their success, they almost always turn to the Seine. It is a phenomenon that defies economic crises and spans the centuries. There are cities you buy, and others you conquer. Paris belongs to the latter category. For centuries, the French capital has exerted a pull on the world’s wealthiest individuals that owes almost nothing to rental...