London Luxury Home Prices Increase to Record as Foreigners Dominate Market London’s luxury-home values have accelerated this year as wealthy individuals seek a haven for their money in areas such as Belgravia, Knightsbridge and Mayfair. Values rose 1.1 percent in the fourth quarter compared with 5.5 percent in the first three months of the year, … Read more
The Responsible Jewellery Council (RJC) announced that BULGARI, one of the world’s most famous jewellery Houses, is the first Italian Member to achieve certification, meeting the ethical, human rights, social and environmental standards as established by the RJC’s Member Certification System. “Bulgari now occupies a very special position to act as a role model within … Read more
Christian Louboutin to open first US store for men Red-soled footwear designer Christian Louboutin will open first US store for men next spring in New York. Last September Louboutin opened his first Paris boutique dedicated to men’s shoes. “The men’s shoes only represent a small portion of the business at present but we think it … Read more
Prince AlWalid bin Tala, Saudi media mogul and one of the world’s richest men invests $300m in Twitter Prince Alwaleed bin Talal, the chairman of Saudi Arabia’s Kingdom Holding Company (KHC) has invested $300m to buy a ‘strategic stake’ in popular social networking site Twitter. The Twitter deal had been the result of “several months … Read more
Yoko Ono wins EUR20,000 Austrian art prize Austrian 2011 Oskar-Kokoschka-Prize went to Japanese avant-garde artist and peace activist Yoko Ono. The 78 old artist has been awarded the 20,000-euro ($26,100) art prize in Austria. Ono, Beatles John Lennon’s widow, is an “outstanding artistic personality,” jury president Gerald Bast said. She is due to pick up … Read more
Mercedes-Benz to Offer World’s Most Economical Luxury Vehicle: E300 BlueTEC HYBRID – 4.2 l of diesel/100 km and E400 HYBRID: combined fuel economy of 27 mpg (estimated) Mercedes-Benz is opening a new chapter in its core segment while at the same time setting new standards for luxury sedans. The E300 BlueTEC HYBRID impresses with new … Read more