Category: Business
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UK home to 80% of top-earning European bankers
Figures showing more than 4,000 City financiers were paid more than €1m in 2015 come as UK prepares for Brexit talks
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Hard times for luxury Swiss watches as sales drop 10%
Swiss watch federation reports huge drop in exports to China as official crackdown on bribery makes it worst year for industry since 2009
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Frankfurt prepares for Brexit bankers: ‘Maybe our city will change them’
‘Boring’ Frankfurt is set to attract financial businesses from London with its accessibility, low property costs and family-friendly facilities. ‘Maybe these play hard, work hard people will start to enjoy the slower pace,’ hopes one resident
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Gucci owner gets teeth into snakeskin market with python farm
Luxury group Kering says snakes will be raised in the ‘best conditions’ before they are turned into shoes, bags and belts
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Brad Pitt and Angelina Jolie: faces of the new ‘global citizen class’?
Research finds tens of thousands of ultra-rich individuals buying multiple homes in the planet’s most desirable locations
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Luxury spending trends of the past year. Report
The beauty, fine wines and spirits, and fine food segments all grew, reflecting a redirection of luxury spending away from goods and toward personal pampering and experiences. Last 12 months, the luxury consumption shifted away from goods and toward experiences such as travel and gastronomy, which grew faster than luxury goods by at least 5…