Ferrari Defends Debut EV Luce, Says Controversial Design “Needs to Be Digested” Amid Backlash
Ferrari unveiled the Luce, its first all‑electric model, priced at €550,000 (about $626,000). The four‑door sedan packs four motors for 1,050 hp, a 310 kph top speed and 0‑100 km/h in 2.5 seconds. Designed by former Apple designers Jony Ive and Marc Newson, its unconventional shape has generated a wave of memes and criticism. Chief Product Development Officer Gianmaria Fulgenzi defended the look, saying the car needs to be “digested” before it can be accepted.
Chanel Opens Stand-Alone Boutique in Palo Alto, Calif.
Chanel unveiled its first stand‑alone boutique in Palo Alto, California, occupying 5,100 sq ft at the Stanford Shopping Center. Designed by architect Peter Marino, the store showcases the brand’s full assortment—from ready‑to‑wear and accessories to watches, fine jewelry, fragrance and beauty. Opening on...
Tiffany & Company Marks America’s 250th
Tiffany & Company will unveil a fully restored 1893, eight‑foot grandfather clock at its Fifth Avenue flagship on July 3, marking the United States’ 250th independence anniversary. The 550‑pound timepiece, originally displayed at the 1893 Chicago World’s Fair, features 13 dials—including one...
The 7 Most Over-the-Top Caribbean Villa Rentals
A new wave of ultra‑luxury Caribbean villas is hitting the market, offering expansive estates with private chefs, bespoke entertainment spaces, and high‑end art collections. Prices range from $7,600 a night to $90,000 a week, reflecting the premium amenities such as...
JLR to Move Away From Volume "Killing Fields" In Push Upmarket
Jaguar Land Rover (JLR) announced at its investor day a strategic pivot away from high‑volume, low‑margin markets toward a luxury‑focused, US‑centric portfolio. After a profit slump to £200 million (~$254 million) from £2.5 billion (~$3.2 billion) a year earlier, the automaker will prioritize its...
Luxury at 35,000 Feet Is Slowing Regulator Approvals of New Jets
Airlines are racing to outfit new jets with ultra‑luxurious cabins, but regulators worldwide are tightening scrutiny of these highly customized interiors. Complex seat configurations, sliding‑door suites, and bespoke cabinetry introduce new safety variables that certification bodies must evaluate. The heightened...