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....”. Adverts on hoardings all over London show a city populated by smart-looking people in luxury balcony apartments. ... [Read full article on Guardian ]
Thursday 25th of May 2017 04:30:19 AM
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. Jaguar Land Rover has delivered a record year of sales bolstered by demand for luxury cars in China and North America. ... [Read full article on Guardian ]
Tuesday 23rd of May 2017 06:31:15 PM
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....Though the company started out with tonic water, it has expanded to include variants on the drink, as well as Sicilian lemonade and ginger ale. It has managed to stand out from the crowd by consciously embracing luxury status, making much of the exotic origin of its ingredients and the great expense of getting them into your glass. ... [Read full article on Guardian ]
Thursday 25th of May 2017 07:58:04 AM
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.... . The US Justice Department highlighted the UK connection to suspected illicit funds after investigating how proceeds of the Russian tax fraud were allegedly laundered into luxury apartments in New York. ... [Read full article on BBC ]
Friday 19th of May 2017 11:34:21 PM
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. Demand for Aston Martin’s first all-new model for a decade – the flagship DB11 coupe – helped the luxury carmaker to double revenues in the first quarter, as it seeks to recover from six years of losses. ... [Read full article on Guardian ]
Wednesday 24th of May 2017 05:41:58 PM
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....The Neighbourhood, a new development in Cardiff, offers a 24-hour concierge service offering to help its student tenants with “anything you need – from calling a late-night taxi or locating Cardiff’s best burgers, to advice on tomorrow morning’s presentation or just to chat if you’re feeling homesick”. The developers of The Neighbourhood said: “We spotted a huge hole in a very densely populated student accommodation market, so we decided to create an exciting, bespoke new brand providing experiential, high-end, high-spec, service-driven luxury urban living experiences for students. ... [Read full article on Guardian ]
Friday 26th of May 2017 05:08:32 PM
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Latest Finance News related to Luxury

Student housing tempts wealthy investors image
Source : Guardian [Read Article] Friday 26th of May 2017 05:08:32 PM
....The Neighbourhood, a new development in Cardiff, offers a 24-hour concierge service offering to help its student tenants with “anything you need – from calling a late-night taxi or locating Cardiff’s best burgers, to advice on tomorrow morning’s presentation or just to chat if you’re feeling homesick”. The developers of The Neighbourhood said: “We spotted a huge hole in a very densely populated student accommodation market, so we decided to create an exciting, bespoke new brand providing experiential, high-end, high-spec, service-driven luxury urban living experiences for students. ...
Fever-Tree co-founder makes £73m from selling shares image
Source : Guardian [Read Article] Thursday 25th of May 2017 07:58:04 AM
....Though the company started out with tonic water, it has expanded to include variants on the drink, as well as Sicilian lemonade and ginger ale. It has managed to stand out from the crowd by consciously embracing luxury status, making much of the exotic origin of its ingredients and the great expense of getting them into your glass. ...
Aston Martin roars back into profit as DB11 revs up sales image
Source : Guardian [Read Article] Wednesday 24th of May 2017 05:41:58 PM
. Demand for Aston Martin’s first all-new model for a decade – the flagship DB11 coupe – helped the luxury carmaker to double revenues in the first quarter, as it seeks to recover from six years of losses. ...
Doing it my way image
Source : BBC [Read Article] Monday 22nd of May 2017 11:29:21 PM
....So at the age of 28, Dani started her own business, DeluxeBlooms, last year. She now designs and sells luxury faux flowers from her kitchen table in Ilkley, west Yorkshire. ...
Police probe UK links to Magnitsky money image
Source : BBC [Read Article] Friday 19th of May 2017 11:34:21 PM
.... . The US Justice Department highlighted the UK connection to suspected illicit funds after investigating how proceeds of the Russian tax fraud were allegedly laundered into luxury apartments in New York. ...
FTSE 100 sinks while pound jumps image
Source : BBC [Read Article] Thursday 18th of May 2017 08:41:00 AM
....Burberry rose 4. 69%, despite the luxury fashion brand reporting a dip in full-year profits, and shares in Royal Mail climbed 1. ...
Burberry's profits fall amid 'challenging' US trading image
Source : BBC [Read Article] Thursday 18th of May 2017 08:02:50 AM
....Mr Bailey will continue in his role as chief creative officer, but Marco Gobbetti will take over as chief executive in July. "2017 was a year of transition for Burberry in a fast changing luxury market," Mr Bailey said. ...
Stop spending money on avocados? Good idea, I’ll have a house deposit by 2117 | Rhiannon Lucy Cosslett image
....And now, avocados are the reason that people like me can’t afford to buy houses. How did this happen? Well, the theory posited by Australian millionaire and property mogul Tim Gurner is that if young people weren’t spending so much money on brunch, they might be able to afford to buy a house (which has nothing to do with luxury property developers such as Gurner, naturellement). ...
Ridicule and condemnation for Chanel's $1,500 boomerang image
Source : BBC [Read Article] Tuesday 16th of May 2017 11:19:56 AM
....Look no further. French luxury brand Chanel has your back: a boomerang for $1,460 (€1,260; £1,130). ...
Millionaire tells millennials: if you want a house, stop buying avocado toast image
....An Australian millionaire and real estate mogul has advice for millennials struggling to purchase a home: stop buying avocado toast. Tim Gurner, a luxury property developer in Melbourne responsible for over $3. ...
How real books have trumped ebooks image
Source : Guardian [Read Article] Sunday 14th of May 2017 07:00:10 AM
.... Two recent bestsellers in particular, one fiction, one non-fiction, seemed to epitomise the beauty and sumptuous production values of this annus mirabilus for book design: The Essex Serpent andThe Silk Roads. There’s a worry, though, that books are becoming luxury objects, status symbols, decorations rather than sources of inspiration, erudition and imaginative escape. ...
Great bed and power shower: is this really a budget hotel? image
Source : Guardian [Read Article] Saturday 13th of May 2017 03:00:03 PM
....Travelodge chief executive Peter Gowers, a former InterContinental director who was brought in four years ago to oversee the chain’s turnaround, argues that in the post-crunch economy, “we’re all budget travellers now”. Research commissioned by GTMC, which represents major travel management companies in the UK, shows that mid-range and budget hotels accounted for more business trips than luxury hotels last year. ...
Inside the new Battersea Power Station image
Source : Guardian [Read Article] Saturday 13th of May 2017 07:00:41 AM
....The £9bn project to revamp the Grade II listed building – more than it cost to build the stadiums and stage the 2012 London Olympics – is the centrepiece of a mile-long development of offices and apartment towers on the south bank of the Thames stretching from Vauxhall to Chelsea bridge. After four years of construction, the development is now starting to take shape and the first 100 residents have just moved in to a luxury apartment complex alongside the main building, called Circus West Village. ...
Car finance deals soar to new record image
Source : BBC [Read Article] Friday 12th of May 2017 10:21:27 AM
....March was a record month for car sales as a whole, as it came ahead of changes to Vehicle Excise Duty in April. The changes particularly affected luxury cars, boosting the value of sales. ...
Whistleblower sparks Hyundai and Kia recall of 240,000 cars image
Source : BBC [Read Article] Friday 12th of May 2017 05:37:45 AM
....Kia is an affiliate of Hyundai, and officials are reportedly asking the country's prosecutor to look for any evidence of a cover up at the carmakers. The models affected include Hyundai's i30 hatchback, its Sonata midsize sedan, the luxury Genesis and Kia's Mohave as well as its Carnival minivan. ...
Ex-wife gets £453 million divorce payment image
Source : BBC [Read Article] Thursday 11th of May 2017 02:11:11 PM
.... . He then bought both the couple's sons flats in a luxury London development - one for £29 million and the other for £7 million. ...
Mr & Mrs Smith co-founder: ‘Don’t let yourself get comfortable’ image
Source : Guardian [Read Article] Thursday 11th of May 2017 06:00:41 AM
.... We spent that night compiling our ultimate wishlist of what we wanted from a hotel guide. The world didn’t need another luxury hotel brochure. ...
Coach announces $2.4bn bid for Kate Spade brand image
Source : Guardian [Read Article] Monday 8th of May 2017 01:51:46 PM
....Coach announced a $2. 4bn bid for Kate Spade on Monday, tying together two premier brands in the luxury goods sector that have fought to snare younger shoppers. ...
London rents fall for first time since 2009 amid post-Brexit vote slowdown image
....A double whammy of tighter Bank of England lending rules, which have forced banks and building societies to insist on greater rental cover and higher deposits, plus new taxes on rental income, has made buy-to-let far less financially attractive. Falling rents will also pile further pressure on the many developers of luxury tower blocks who promote their apartments as investments based on the rental yield. ...
Making money image
Source : BBC [Read Article] Sunday 7th of May 2017 01:09:00 PM
.... . "Bringing eggs to life," is the tagline of the company, whose brands include Happy Egg and Big & Fresh as well as luxury pudding brand Gu. ...
Putting you in the picture: yes, you can earn a living on Instagram image
.... The disastrous Fyre festival recruited hundreds of online personalities to advertise the event with social media promotions that did not disclose they were part of a marketing campaign. The festival, billed as a luxury Bahamas getaway for the wealthy, descended into chaos and lacked basic, functioning amenities. ...
Burberry to relocate 300 jobs from London to Leeds image
Source : BBC [Read Article] Thursday 4th of May 2017 05:04:20 PM
....Fashion retailer Burberry has announced plans to relocate 300 jobs from its London offices to West Yorkshire as part of cost-saving measures. The luxury brand said it plans to open a new business services centre in Leeds in October in a bid to save £100m. ...
Accounting watchdog to investigate KPMG over Rolls-Royce audit image
Source : Guardian [Read Article] Thursday 4th of May 2017 07:22:01 AM
....”. Rolls-Royce apologised at the high court in January after it was found to have paid bribes including a luxury car and millions of pounds’ worth of cash to middlemen to secure orders in Indonesia, Russia, China, Thailand, India and Nigeria. ...
Volkswagen Group profits soar after cost cuts image
Source : BBC [Read Article] Wednesday 3rd of May 2017 10:41:07 AM
....The group saw "solid earnings in Western Europe", he said, and also benefited from favourable exchange rates. Quarterly profit at luxury division Audi slipped to 1. ...
Scaling success image
Source : BBC [Read Article] Tuesday 2nd of May 2017 11:15:46 PM
.... . Unilever was the pioneer, spotting the potential for farmed salmon, which at that time was only caught wild and eaten as an expensive luxury. ...
UK holiday parks hope for staycation boom as pound slides image
Source : Guardian [Read Article] Tuesday 2nd of May 2017 06:01:20 AM
....“Like many other businesses in the tourism, leisure and hospitality industries, operators need to commit to continued capital investment in order to maintain competitiveness and stay ahead of the game,” Salisbury said. “As the market increasingly demands not only well-maintained everyday amenities but luxury add-ons like wood-fired showers, pools, games rooms and wifi, this opens up significant opportunities to generate more revenue and fuel growth. ...
Fyre Festival faces $100m 'Lord of the Flies' lawsuit image
Source : BBC [Read Article] Tuesday 2nd of May 2017 05:01:51 AM
.... Up to 7,000 people were expected to attend. It launched on Instagram with a video featuring models Bella Hadid, Hailey Baldwin and Emily Ratajkowski sailing on a luxury yacht. ...
Sir Philip Green and wife took £433m hit last year, says rich list image
....4bn. Pinault runs the luxury fashion group Kering whose brands include Gucci, Saint Laurent, Balenciaga and Alexander McQueen. ...
Cycling fashion outfit Rapha plots route into the fast lane image
Source : Guardian [Read Article] Monday 1st of May 2017 01:44:14 PM
....”. Last year Rapha was said to be on the shopping list of Catterton, the private equity arm of the luxury goods group LVMH, which has since bought the Italian bike brand Pinarello. ...
Mr Fixer image
Source : BBC [Read Article] Sunday 30th of April 2017 11:01:33 PM
.... He adds that despite numerous suitors, he and his two co-founders have no plans to sell up. Alyssa Haak, a New York-based luxury lifestyle expert, says that Quintessentially and other concierge firms have grown in popularity among the world elite because the ease of having someone else book or arrange things for you is "too good to pass up". ...
Weak pound melts the British dream of a place in the sun image
Source : Guardian [Read Article] Friday 28th of April 2017 04:03:49 PM
....Mark Stucklin, at Spanish Property Insight, says that in other holiday areas “the picture I get is one of stable or slightly falling prices”. The prices for ordinary Spanish housing, he says, was “rising much faster than prices for holiday homes and luxury villas”. ...
M&S online food delivery service will be no piece of cake image
Source : BBC [Read Article] Friday 28th of April 2017 10:21:21 AM
....Industry sources say the average Tesco stocks 40,000 different products, whereas an M&S food outlet has just 7,000. Of course, M&S has carved out a distinctive niche for its mostly own-label nosh, with TV advertising stressing the exclusivity and luxury nature of its food and drink. ...
'Luxury' Fyre Festival is cancelled with ticket-holders still stranded in Bahamas image
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Obama criticised for '$400,000 Wall Street speech' image
Source : BBC [Read Article] Tuesday 25th of April 2017 09:15:09 PM
....He was pictured kite-surfing in February with Richard Branson off the Virgin tycoon's private Caribbean island. And just this month, he and former First Lady Michelle Obama were pictured aboard music mogul David Geffen's luxury yacht off French Polynesia. ...
Duke of Westminster's £12bn property firm hit by London slump image
Source : Guardian [Read Article] Tuesday 25th of April 2017 05:00:42 PM
.... It is the company’s worst UK performance since the 2008 financial crisis and follows six successive years of returns above 10%. Mark Preston, chief executive of Grosvenor Group, said Brexit and the increase in stamp duty on luxury properties had “greatly contributed to a slowdown in the London residential market” and warned that he expected returns this year to be “significantly weaker”. ...
Christian Dior and LVMH combined by French billionaire image
Source : BBC [Read Article] Tuesday 25th of April 2017 11:31:29 AM
. France's richest man has made a £10bn move to combine the Christian Dior fashion house and luxury goods firm LVMH under the same ownership. ...
Luxury goods giant LVMH grabs full control of Christian Dior image
Source : Guardian [Read Article] Tuesday 25th of April 2017 10:15:06 AM
. The French luxury group LVMH, led by billionaire Bernard Arnault, is to take full control of Christian Dior, in a complex €12bn (£10bn) deal that reunites the fashion house with the perfume and other Dior brands. ...
Driverless pods plot new course to overtake humans image
Source : Guardian [Read Article] Tuesday 25th of April 2017 07:01:47 AM
.... In this immediate future, there is no doubt which the experts – and insurers – believe will be the bigger danger. At a recent conference on connected cars held by the UK industry body the Society of Motor Manufacturers and Traders, Britain’s biggest motor insurer, Direct Line, said that driving by humans “may increasingly become a luxury pursuit”. ...
Now on sale: Jimmy Choo (the whole company) image
Source : Guardian [Read Article] Monday 24th of April 2017 08:25:28 AM
. The luxury shoe and bag retailer Jimmy Choo has put itself up for sale in a move that took the market by surprise. ...
Jimmy Choo seeks well-heeled buyer image
Source : BBC [Read Article] Monday 24th of April 2017 06:35:35 AM
....Now the British firm is going on a strut of its own, as its board puts the business up for sale. Valued at about £700m, analysts believe Jimmy Choo could attract attention from rival luxury houses along with Chinese, Middle Eastern and Russian buyers. ...
The new status symbol: it’s not what you spend – it’s how hard you work image
.... It requires conspicuous production. If conspicuous consumption involves the worship of luxury, conspicuous production involves the worship of labor. ...
Put just £40 a week aside to enjoy a happy retirement image
Source : Guardian [Read Article] Saturday 22nd of April 2017 06:00:06 AM
.... It surveyed 2,700 retired and semi-retired Which? members and found that, on average, retired couples spend £18,000 a year on life’s essentials – food, heating, transport etc – and £26,000 a year once the extras are included, such as holidays. For the better-off, spending on long-haul holidays, golf club membership and a new car every five years, the “luxury retirement” figure came in at £39,000 a year. ...
Let’s move to the Isle of Portland, Dorset: ‘It has its fair share of oddity’ image
.... And, aside from the odd brick street, mostly stone. Off the back of the Olympics (Weymouth hosted London 2012’s sailing events) someone has attempted luxury apartments. ...
'Vijay Mallya can't avoid the law': Herts villagers on 'fugitive' billionaire neighbour image
....“It doesn’t matter how much money you have or how rich you are, you can’t avoid the law,” Colin said. “It’s disgusting that he is living here in all this luxury if he owes his country money and hasn’t paid his staff wages. ...
ENERGY PRICE WARNING: Fury as firms hit customers with sneaky £400 HIKES  image
Source : Daily Express [Read Article] Thursday 20th of April 2017 11:36:00 AM
....on, EDF, npower, ScottishPower, and SSE after prices rose by as much as 158 per cent in 15 years. She said: “Energy is not a luxury. ...
Government cap on energy prices would spark backlash | Nils Pratley image
Source : Guardian [Read Article] Wednesday 19th of April 2017 06:12:57 PM
.... That’s all that’s required, and he did it well. Burberry shareholders did splendidly during the boom years for luxury goods, but the recent air of frustration won’t be cleared by yet another update that was long on grumbles about the “uncertain environment”, even though the company received the great gift of a lower pound. ...
Burberry's sales growth slows despite 'exceptional' UK performance image
Source : Guardian [Read Article] Wednesday 19th of April 2017 05:23:32 PM
. Shares in Burberry have slumped after the luxury brand revealed that strong sales in the UK and China had failed to offset a slowdown in the US and Hong Kong. ...
Burberry shares dive despite sales rise image
Source : BBC [Read Article] Wednesday 19th of April 2017 09:32:28 AM
. Shares in luxury fashion brand Burberry have fallen by 6% despite an "exceptional" performance in the UK. ...
Our high streets don’t need new shops – they need new ideas | Suzanne Moore image
....When regeneration is centralised, it is often dislocating. Hackney Walk, in east London, a post-riots project that created 450,000sq ft of retail space and then handed it over to luxury brand outlets including Burberry, Anya Hindmarch and Aquascutum, is a place where there is so little relationship between buyers and locals that it feels like two fingers up. ...
Why dental floss and kippers explain your rising post-Brexit shopping bill image
Source : Guardian [Read Article] Wednesday 12th of April 2017 04:37:34 PM
....uk compiled data from Asda, Tesco, Sainsbury’s, Waitrose, Ocado and Morrisons and found that, while milk stood still at £1 for four pints everywhere, the cost of an exotic fish supper has increased markedly since last October. “The items that are going up in price are more likely to be luxury items such as fancy fish, decorative candles, or eclairs and doughnuts,” says Aisling Lawless of MySupermarket. ...
Farfetch aims to end fashion faux pas with new service image
Source : BBC [Read Article] Wednesday 12th of April 2017 03:52:00 PM
. A luxury shopping website has a new answer for fashion emergencies: 90-minute delivery from Gucci. ...
Millions of EDF customers face second price rise this year image
Source : Guardian [Read Article] Wednesday 12th of April 2017 11:36:37 AM
.... The prime minister recently put suppliers on notice when she said she was planning to take action, though what form that will take is not yet clear. “Energy is not a luxury,” she told the Conservative spring conference in March. ...
Tesla surpasses GM to become most valuable car company in US image
Source : Guardian [Read Article] Monday 10th of April 2017 04:37:58 PM
.... Silicon Valley now owns the most valuable car company in the US. Tesla, the loss-making electric luxury vehicle maker, became the most valuable car company in the US. ...
Technology is a marvel – now let’s make it moral | Martha Lane Fox image
....The EU is working on a plan to allow young people to delete their internet history aged 18. Like the Swiss with luxury and the Germans with efficiency, Britain should build a future based on decency. ...
Lloyds expects payouts to HBOS fraud victims to total £100m image
Source : Guardian [Read Article] Friday 7th of April 2017 08:16:49 AM
....Last month Lloyds recruited Prof Russel Griggs to spearhead an investigation into whether it should compensate customers who became victims of fraud at the hands of former HBOS staff in Reading. It comes after former HBOS manager Lynden Scourfield and others were jailed for carrying out a £245m loans scam and squandering the profits on sex parties and luxury holidays. ...
Businesses won’t address the gender pay gap until they are forced to | Harriet Minter image
.... By making it women’s job to hold organisations accountable for equal pay, the government is essentially saying it’s our own fault if we find ourselves underpaid. This attitude ignores the fact that most of us don’t have the luxury of turning down a job when it comes our way. ...
£100MILLION - that's how much Lloyds expects to pay out in fraud compensation image
....Last month Lloyds recruited Professor Russel Griggs to spearhead an investigation into whether it should compensate customers who became victims of fraud at the hands of former HBOS staff in Reading. It comes after a group of corrupt financiers were jailed for carrying out a £245 million loans scam and squandering the profits on high-end prostitutes and luxury holidays. ...
Selfridges helps shoppers unwind with potato peeling class image
Source : Guardian [Read Article] Thursday 6th of April 2017 05:29:23 PM
....Obviously, there are also a few things on sale, and not potato peelers. The project is a collaboration with a neighbouring Mayfair shop called The New Craftsmen, which stocks the work of independent designers in the luxury homewares and furnishings sector, such as ceramicists, textile designersand furniture makers. ...
Speedboat among £5.1m of assets seized in tax fraud investigation image
Source : Guardian [Read Article] Wednesday 5th of April 2017 06:53:57 PM
....British and Dutch authorities have seized more than €6m (£5. 1m) worth of assets – including luxury cars, a speedboat and properties – from an Anglo-Dutch couple accused of running a multinational tax avoidance scheme. ...
Krispy Kreme owner pays $7.5bn for Panera Bread chain image
Source : BBC [Read Article] Wednesday 5th of April 2017 04:05:19 PM
....5bn (£6bn) to take control of US bakery and sandwich chain Panera Bread. JAB Holdings also controls coffee brands Douwe Egberts and Peet's, as well as the luxury shoe maker Jimmy Choo and beauty firm Coty. ...
Bed and breakfast? image
Source : BBC [Read Article] Tuesday 4th of April 2017 11:20:27 PM
....". The one exception to this is luxury firms, such as Louis Vuitton or Hermes, who can get away with less local differentiation because their foreignness is part of what makes them desirable, he says. ...
The property billboards that reveal the truth about Britain’s luxury housing market image
....‘We don’t do ordinary,” declares the billboard at the entrance to the Battersea power station building site in London, where cranes are busy conjuring up a new world of 3,500 homes, 150 shops and 15,000 jobs from the mud. After standing derelict for decades, Giles Gilbert Scott’s majestic temple to electricity will soon be surrounded by a forest of luxury apartment blocks, some in the shape of thrashing metallic flowers by Frank Gehry, another like a writhing glass snake by Norman Foster, all clustered around a plunging piazza by Bjarke Ingels. ...
Ralph Lauren to close flagship Polo store in cost-cutting plan image
Source : BBC [Read Article] Tuesday 4th of April 2017 02:52:30 PM
....Americans are spending less on clothing and Ralph Lauren's sales have fallen over the last two years. Online retailers which mimic catwalk fashion at high speed are challenging lower end luxury brands. ...
Tesla charges ahead to overtake Ford in market value image
Source : Guardian [Read Article] Tuesday 4th of April 2017 01:31:56 PM
.... Roadster in 2008. Model S (luxury sedan), Model X (SUV), Model 3 (to be launched this year); solar panels (launch planned this year). ...
Spanish raids seize Assad uncle's assets in corruption inquiry image
Source : BBC [Read Article] Tuesday 4th of April 2017 10:56:12 AM
....He is under investigation in France for concealing stolen assets, money laundering and fiscal fraud. Several luxury properties have already been seized by French authorities in Paris and an appeal by the exiled former vice-president was turned down. ...
UK BMW workers back strike over pensions image
Source : BBC [Read Article] Friday 31st of March 2017 03:35:54 PM
....The action involves up to 3,500 workers at plants in Oxfordshire, Chichester, Birmingham and Swindon. The firm builds over 200,000 Minis a year at its plant in Cowley, Oxford, nearly 4,000 luxury Rolls-Royce models at Goodwood in West Sussex and about 200,000 engines at Hams Hall near Birmingham. ...
Jewellery and cars seized as Dutch trigger multi-country tax raids image
.... . Paintings, a gold bar, cash, a luxury car and jewellery have been seized. ...
Credit Suisse embroiled in major global tax evasion investigation image
Source : Guardian [Read Article] Friday 31st of March 2017 08:17:57 AM
....Two arrests have been made in the Netherlands, where the haul of assets seized from safes and homes in the Hague and other areas included property, cash, 35 paintings worth €1. 2m (£1m), a luxury Mercedes, and a 1 kilogram gold ingot. ...
Access to justice was once a worker’s basic right. Now it’s a costly luxury | Aditya Chakrabortty image
.... A civil right that people can’t afford to use is no right at all. And a society that turns justice into a luxury good is one no longer ruled by law, but by money and power. ...
'Bank of mum and dad' making housing market more unfair, study finds image
Source : Guardian [Read Article] Sunday 26th of March 2017 11:01:43 PM
....“Home ownership helps unlock high levels of social mobility but it is in freefall among young families,” said the former Labour MP Alan Milburn, the chair of the commission. “Owning a home is becoming a distant dream for millions of young people on low incomes who do not have the luxury of relying on the bank of mum and dad to give them a foot up on the housing ladder. ...
Viagogo: who runs it and who owns it? image
Source : Guardian [Read Article] Friday 24th of March 2017 06:03:57 PM
.... He too declined a request for comment. Another major investor who did not want to discuss Viagogo is billionaire Bernard Arnault, chief executive of Louis Vuitton Moet Hennessy, the luxury brands company based in France. ...
‘Vegetable ivory’ image
Source : BBC [Read Article] Thursday 23rd of March 2017 12:22:41 AM
.... And secondly, it lacks ivory's exclusivity. Hongxiang Huang, a Chinese journalist and anti-ivory campaigner, explains: "As people become wealthier they want to buy luxury items, and ivory is one of the many things that people desire. ...
Hermes reports record annual profits image
Source : BBC [Read Article] Wednesday 22nd of March 2017 10:15:28 AM
....However, he said he remained cautious given the "uncertain environment". The results hint at a wider recovery in the luxury goods market. ...
Bank that lent $300m to Trump linked to Russian money laundering scam image
Source : Guardian [Read Article] Tuesday 21st of March 2017 07:00:14 PM
.... Much of it vanished into opaque offshore companies. Some of it went on luxury items including diamonds, leather jackets, and home-cinema equipment. ...

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