Business

Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.

Liberty store sold to private equity group in deal worth £300m

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BlueGem bought the London landmark retailer for £32m in 2010 and also wants to offload Jack Wills

Bankruptcy for Barneys? Symbol of New York luxe faces uncertain future

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Management ‘actively evaluating opportunities’ as collapse of the store would be a significant, symbolic blow to retail

Planning to invest in aviation? Crucial projects and investment opportunities to be unveiled at 2020 GIAS

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    Crucial projects and investment opportunities in the international civil aviation sector are expected to be unveiled at the Global Investment in Aviation Summit (GIAS) 2020. Dubai to Organise Global Investment in Aviation Summit in January 2020. The General Civil Aviation Authority (GCAA) of UAE has announced that the second edition of Global Investment … Read more

Are artificial islands the answer to Hong Kong’s housing crisis?

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Will a $60bn development to house 1.1 million people help to ease the world’s most unaffordable property market or is it simply ‘pouring money into the sea’?

$90 for a bottle of melted iceberg? Inside the world of luxury water

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People pay top dollar for ‘premium’ brands indistinguishable in blind taste tests from tap water – is it about status, wellness or something more fundamental?