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Sahara Group to sell shares in Plaza Hotel to post chairman’s bail

July 30, 2014

Fairmont-managed The Plaza Hotel in New York may be up for sale again under unexpected circumstances.

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Kering sees 6pc sales growth in luxury activities post reorganization

July 30, 2014

Luxury conglomerate Kering reported strong performances with a 4 percent increase in revenue for the first half of 2014.

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How will stricter sanctions on Russia affect countries involved?

July 30, 2014

The downing of Malaysia Airlines Flight MH17 has spurred the European Union to take a harsher approach to Russia’s escalating role in the Ukrainian conflict.

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Fendi looks to open first residential palazzo in 2016

July 30, 2014

Italian fashion label Fendi is making its first foray into the world of real estate with a condo project in Miami.

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Zillow eyes market dominance with Trulia acquisition

July 28, 2014

Online real estate marketplace Zillow acquired chief competitor Trulia for about $3.5 billion in stock July 28.

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The RealReal incentivizes consignment with one-stop shipping via FedEx

July 25, 2014

Online luxury consignment marketplace The RealReal is reducing the hassle of shipping goods with a partnership with FedEx.

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LVMH reports sales numbers for first half of 2014

July 24, 2014

LVMH Moët Hennessy Louis Vuitton recorded a 3 percent increase in organic revenue, but a 4 percent decrease in group share net profit for the first half of 2014.

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G2G Collection attracts affluent consumers with charity-centric travel

July 23, 2014

Getaway 2 Give is looking to tap into the growing “Conscious Capitalist” movement to provide affluent consumers with ways to give back while traveling.

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Raymond Weil furthers musical ties with guitarist-designed watch

July 22, 2014

Swiss watchmaker Raymond Weil has tapped classical guitarist and recording artist Miloš Karadaglic to design a special edition maestro timepiece for charity.

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Porsche expands sports car manufacturer with $200M investment

July 21, 2014

German automaker Porsche is improving its research and development capabilities with a new design studio, wind tunnel and electronics integration area at its development center in Weissach, Germany.

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