04/16/2015

Parents are paying $150,000 to tour colleges in private jets

While most high school seniors complete the dreaded college circuit in a rental car or their folks’ worn-out station wagon, an increasing number of parents are spending tens of thousands of dollars on private jets to ferry their privileged kids to c

04/14/2015

LVMH says no plan to harmonize prices for now

LVMH does not plan to follow rivals such as Chanel by harmonizing the prices of its luxury goods across different regions to reflect currency fluctuations and combat parallel trading, the world's biggest luxury group said on Tuesday.