Managers of Wealth

This is how much profit Porsche averages a day

Divide that yearly number into seconds and the company made an average of just under $153 every second.

Michael Kors and Coty shares hit by weak European sales

Profits for Michael Kors sank 37% to $137.6m for the three months to 29 September compared with the same period last year.

Qatari firm buys London's Grosvenor House hotel

Katara Holdings which owns the Savoy and Connaught pays undisclosed sum for hotel on Park Lane

Burberry ‘energised’ by early results of brand repositioning ·

The figures were slightly better than expected and Burberry’s CEO confirmed that the company was on track to achieve cost savings of £100m and meet expectations for both next year and 2020.

Mulberry Loss Widens Sharply On Costs Of House Of Fraser Collapse

The widened loss was due to a one-off GBP2.1 million cost related to the collapse of UK department store chain House of Fraser, in which Mulberry operated 21 concessions.

D1 Coin will offer investors straightforward access to diamonds as an asset class Share

Spreads on diamonds are traditionally wide, and investors rarely get access to wholesale prices

A 24-carat yellow diamond necklace owned Marilyn Monroe goes on auction at Christie’s

The precious gem was also kept on display at Los Angeles from October 16 to 20, before it was transported for auction at the Hong Kong Magnificent Jewels sale to be held on November 27.

A Yacht Is The Latest Must-Have For A Luxury Hotel

This month, the hotel has also launched its first yacht. The Sunseeker Manhattan 60 is a 19 metre cruiser that seats up to 15 passengers.

Rolls-Royce Cullinan review: A diamond in the rough

As Rolls-Royce's first SUV, the Cullinan adds an unapologetically luxurious touch to off-roading

Latest real estate craze? Classic car storage garages

The hobby is nothing new but vintage vehicles can be a storage dilemma

Dynamic, spacious and focused on life at sea - Princess Yachts reveals the all-new F45 Flybridge

The F45 is packed with technical innovations that ensure this compact yacht feels as spacious above deck as it does below.

How luxury watchmakers are courting millennials with customisation and ethical practices

New brand Baume offers 2,160 ‘aesthetic options’ and does not use animal products or precious stones

Ride The Ocean Wave: How One Resort In The Bahamas Is Nailing A New Type of Holistic Holiday

For those after something more under-the-radar, however, the region is also home to a number of resorts which pride themselves on their exclusivity and where discretion is the order of the day.

Richemont and Alibaba Group Announce Global Strategic Partnership

Companies to form a joint venture to launch luxury retail platform for Chinese consumers Partnership to provide luxury brands enhanced access to vast Chinese market

China's 'flaunt your wealth' challenge goes viral with people falling out of cars with luxury goods

The post attracted more than a thousand comments, with Chinese netizens questioning whether it was safe for the woman to be posing in the middle of the road.

Gilberto Benetton, Who Co-Founded Benetton Group, Dies at 77

Savvy and provocative marketing campaigns, often tackling contentious social issues, helped the apparel maker attract attention and increase sales.

Winston Churchill’s Suite in the Bahamas

Yes, some has been written about Churchill’s trips to Cuba, first in 1895 as a 20-year-old, before finally returning in 1946.

What sporty cars say about your fund manager

Taking the chequered flag with a powerful car could be a manifestation of ‘illusory superiority’

The Rolls-Royce V-12 Will Soldier On Until the Brand is Forced to Go all-electric

There simply won’t be a hybrid Rolls-Royce. Period.

Marilyn Monroe's Rare 'Moon of Baroda' Canary Yellow Diamond for Sale

And this week Angelenos will get a chance to see just how gorgeous it is when the jewel goes on display in Christie’s showroom, Oct. 16-20, before being auctioned off Nov. 27 at the Magnificent Jewels Hong Kong Sale.