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Luxury

03/08/2016

Mid-east buyer snaps up $30m of luxury penthouses at Battersea Power Station

The Battersea Power Station Development Company is mid-way through a massive redevelopment of the Grade I-listed power station south of the River Thames.

03/08/2016

InterContinental Seeks New Asian Luxury Hotel Brands, CEO Says

Hoteliers are expanding in Asia to take advantage of rising tourism in the region.

03/08/2016

Porsche, TAG Heuer Become Latest Sponsors to Cut Ties With Maria Sharapova

Luxury brands follow Nike in distancing themselves from Russian tennis star after failed drug test

03/07/2016

Rolls Royce Black Badge edition unveiled, everyone bow down to the Mafia

The package, currently available for the Ghost and the Wraith, are completely blacked out in appearance and give the vehicles a mafia look.

03/06/2016

Bottoms up! Whisky lovers are draining the world's supply of old single malt Scotch.

The world is running low on old single malt Scotch

03/04/2016

Samsonite to buy rival luxury bag maker Tumi for $1.8bn

The price represents an enterprise value to last year’s adjusted earnings before interest, tax, depreciation and amortisation multiple of 13.6 times, according to the companies.

03/04/2016

Avignon Capital sells Louis Vuitton retail investment in Copenhagen

The super prime retail investment was acquired by Avignon Capital in 2012.

03/03/2016

Iran to Get Luxury Hotel Along Caspian Sea as Tourism Thaws

Iran’s first foreign-branded hotels in decades arrived in October

03/02/2016

RINA Services expands in Middle East luxury mega yachts

Two luxury yachts recently received the final stamp to join the fleet classified by RINA

03/02/2016

Hermes teacups, Mahjong sets: How to fly like an Asian tycoon

We all believe that the Asian market is going to be huge

02/29/2016

Two pools, 13 bathrooms and 300 for dinner: the modernist fun palaces of Palm Springs

In the 1950s, Hollywood decamped to the desert – bankrolling the world’s most daring modernist architects to create ever more experimental boltholes. Welcome to a world of Martian landing pads, clifftop Bond lairs and Flintstones sofas

02/29/2016

Brighter future seen for China's luxury goods industry

As Chinese spend on high fashion worldwide, local firms go shopping for brands to expand

02/25/2016

New partnership brings contactless payment options to luxury watches

You’ll soon be able to continue spending money on luxury brand watches and wearables long after initial purchase, with MasterCard and WISeKey announcing a partnership to enable contactless payments on the items.

02/24/2016

TAG Heuer Becomes the Official Watch and Timekeeper of Major League Soccer

Even referees will benefit from this partnership.

02/24/2016

When digital’s bubble pops, luxury will return to its old-school ways: report

Whilst acknowledging the importance of the digital environment, luxury consumers will seek out more original and authentic experiences that can’t be seen or bought online.

02/22/2016

When digital’s bubble pops, luxury will return to its old-school ways: report

“Luxury brands can benefit from the findings by learning what the upcoming trends are and how they can adapt their offerings accordingly,” said Julie Wagner

02/21/2016

Luxury goods group eyes up to 350 job cuts in Switzerland

The group is not the only one hit by the slumping market for Swiss watches.

02/19/2016

Kering Sales Beat Estimates as Gucci Brand Returns to Growth

Gucci revenue advanced 4.8 percent, compared with the 1.5 percent growth analysts anticipated -- the brand’s strongest result in three years.

02/16/2016

Savanna reveals plans for boutique luxury office building on Billionaires’ Row

Architecture firm Perkins Eastman has been tapped to design the project, which will feature Central Park views for floors above the 15th floor.

02/16/2016

Starwood Hotels & Resorts Sells Hotel Imperial, a Luxury Collection Hotel, Vienna

Historic Hotel Will Continue to Fly The Luxury Collection Flag under a New Long-Term Management Agreement

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