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Business News > Mint Authors > Carol Ryan

Carol Ryan

ARTICLES BY CAROL RYAN

A man looks at flames rising from an oil storage facility after it was hit by an Israeli strike in Tehran, Iran, early Sunday, June 15, 2025. (Photo: AP)

If Iran’s oil is cut off, China will pay the price

2 min read . 17 Jun 2025

A case displayed at a Louis Vuitton store on Rodeo Drive in Beverly Hills, California, US. (File Photo: Bloomberg)

For luxury brands, there are no replacements as China and the US falter

5 min read . 16 May 2025

New construction of high-end apartments is easing as developers hit the brakes until the existing glut is absorbed. (Bloomberg)

The U.S. has more fancy apartments than it is able to fill

4 min read . 10 Jan 2025

Wasteful packaging looks vulnerable to further crackdowns. (AFP)

Driving an EV? Big oil hopes you don’t cut down on plastic too

4 min read . 24 Dec 2024

Designer brands have historically increased their prices at twice the rate of overall inflation. (Mint)

Customers are quitting luxury brands as price hikes go too far

4 min read . 28 Nov 2024

Sales of the eight luxury brands that have so far reported their third-quarter results are down 4% on average from a year earlier.(Image: Pixabay)

Has luxury lost its shine?

5 min read . 08 Nov 2024

Luxury shoppers have become more selective as they have less money to splurge. (Image: Pexel)

Gucci has problems. The biggest may be a safe new look

3 min read . 24 Oct 2024

Shares in LVMH fell 7% on Wednesday morning after the world’s biggest luxury company released third-quarter results that were worse than expected. (File Photo: Bloomberg)

Luxury’s last growth engine has stalled

2 min read . 16 Oct 2024

Luxury spending in China has traditionally been correlated with home prices. (Bloomberg)

China’s ghost cities are a problem for Europe’s luxury brands, too

3 min read . 08 Oct 2024

A Rocking Horse bag in the window of a Burberry Group Plc luxury boutique in London, UK. (Photo: Bloomberg)

The $1,000 ‘micro’ handbags luxury brands are pinning their hopes on

3 min read . 30 Sep 2024

The latter was basically founded as an anti-OPEC 50 years ago to represent energy consumers a year after that cartel’s oil embargo quadrupled global crude prices. REUTERS/Dado Ruvic/Illustration/File Photo (REUTERS)

The high-stakes spat over how much oil the world really needs

3 min read . 25 Sep 2024

A Kering-operated Saint Laurent store in Shanghai. Luxury brands’ first-half sales declined 5% on average in China. Photo: Raul Ariano/Bloomberg News

Luxury brands’ new snag? Handbag arbitrage

4 min read . 13 Sep 2024

Luxury watches tend to hold their value better than other types of top-echelon products. Photo: Jose Sarmento Matos/Bloomberg News

Crypto bros aren’t flipping watches. That is an issue for luxury brands.

2 min read . 26 Aug 2024

Luxury brands have a strict hierarchy. Burberry found out the hard way.

3 min read . 21 Aug 2024

Gas is cleaner than coal, producing half the carbon emissions when burned. Switching has helped the US to reduce emissions from electricity generation by almost 40% over the last two decades, (Image: Pixabay)

Green-energy flops revive bets on natural gas

3 min read . 05 Aug 2024

A Prada store in Hong Kong. PHOTO: LAM YIK/BLOOMBERG NEWS

Luxury brands need to win back middle-class shoppers

4 min read . 21 Jul 2024

Some of Dior’s production was contracted out directly to a Chinese-run factory in Italy. (REUTERS)

Christian Dior’s $57 handbags have a hidden cost: Reputational risk

3 min read . 09 Jul 2024

De Beers is planning a major expansion of its stores, lending more prominence to its jewelry business. PHOTO: LAM YIK/BLOOMBERG NEWS

For diamonds, it matters who De Beers hooks up with next

3 min read . 09 Jun 2024

When Aramco went public in December 2019, investors in New York and London mostly stayed away. At $1.7 trillion, the price was high and they could find better value elsewhere. AFP (AFP)

Why Saudi Aramco stock is a tough sell on Wall Street

3 min read . 03 Jun 2024

Bernard Arnault, billionaire and chief executive officer of LVMH Moet Hennessy Louis Vuitton SE. (Photo: Bloomberg)

Why a shabby luxury brand is hard to fix

4 min read . 24 May 2024