Rich kids of Insta use strong dollar to fuel sales of high-end brands such as Burberry, Louis Vuitton and Gucci
They’re young, rich and mortgage-free, and the scions of the 1% are having a roaring twenties.
Despite the economic gloom currently shrouding the UK and many other western countries, sales of luxury brands have been booming and growing numbers of buyers are young adults.
Continue reading...French luxury brand says Mason Rothschild’s furry MetaBirkins digital tokens ‘rip off’ its trademark
French luxury group Hermès has started legal proceedings against an American artist over virtual versions inspired by its famous Birkin bags.
Mason Rothschild creates digital art that he sells as non-fungible tokens, or NFTs, which can be traded online but ownership cannot be forged.
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