Luxury

Ferrari enters luxury fashion, targeting uninitiated youth

Ferrari V12 production cars were suspended over the factory floor Sunday night as the 74-year-old luxury carmaker launched a new era as a lifestyles brand, with a runway show unveiling its first ready-to-wear collection targeting a younger generation that might not be aware of its Formula One racing pedigree and coveted performance street cars.

In Phoenix, million-dollar homes can’t sell fast enough

America’s fifth-most populous city, Phoenix also is one of the fastest-growing. Between 2010 and 2019, it saw the highest numeric increase in population of any city, according to the U.S. Census Bureau. Nearly 1.7 million people were living there in 2019.