World’s super-wealthy spend their riches on luxury travel adventures

heir wardrobes are packed with haute couture and designer accessories but for the world’s super-rich shopping is no longer enough: lavish one-of-a-kind travel adventures are the latest status symbol.

Helicopter skiing in Alaska or a getaway to luxury goods group LVMH’s exclusive hideaway in the Maldives are the current trends for the growing number of millionaires, according to a report.

It predicts that, despite the eurozone crisis, spending on luxury goods will [...]

Slimming the US government modestly, by just 15%, would generate savings of $117.4 billion a year, of $1.4 trillion over the next 10 years

by ZH

While Washington is baffling everyone with male cow manure, presenting 7-slide powerpoints full of talking points and empty of actual actionable cost-cutting proposals, while draping the melodrama in ever more evanescent haute couture of “emperor’s clothing” du jour, the one true solution to all our problems is so simple that it is perfectly logical that it would have been avoided like the plague by [...]

Fashion Week Führer: DIOR Fires Galliano After Racism Complaints…

Valerio Mezzanotti for The New York Times

John Galliano at a Christian Dior fashion show in Paris in 2010.

PARIS — The French fashion house Christian Dior said Tuesday that it would dismiss its chief designer, John Galliano, after the surfacing of a video that showed his anti-Semitic outbursts at a Paris bar.

In a brief statement, Sidney Toledano, Dior Couture’s chief executive, said he condemned ‘‘in the strongest terms’’ [...]