Bagging a return – why the Hermes Birkin handbag is the best investment
Study shows the £150,000 Hermes bag averaged a 14.2% annual return since 1980 beating the S&P 500 index and gold. The only problem is getting your hands on one
Business
Gain a better understanding of the luxury market. Find out the latest news from the luxury business sectors – openings, launches, financial situations, buyings.
Harvey Nichols plans serious rethink as profits plunge 30%
Sales at luxury department store chain flatline prompting management to expand growing website operation and further revamp stores
LVMH luxury group, Catterton and Groupe Arnault partner for super investments
The private equity arm of the largest luxury conglomerate merges with Catterton. Rather than compete, LVMH luxury giant, buyout firm Catterton and Groupe Arnault, the family holding company of Bernard Arnault, announced a partnership for investments. The new partnership will combine Catterton’s existing North American and Latin American private equity operations with LVMH and Groupe … Read more
How the New Crossrail Station will Affect London House Prices
The new Crossrail service is set to boost house prices across London. Transport for London (TfL) finally began discussing Crossrail 2 in late October. The meeting proposed a new route which will run from Cheshunt to Epsom, Chessington and Shepperton. The new 2019 Crossrail station service as shown in the Open Property Group infographic below, … Read more
Bicester Village: top UK tourist attraction and shopping Shangri-la
Bargains, glamour and its own railway station – no wonder Bicester is one of Britain’s top tourist attractions, says Eva Wiseman
Taittinger to become the First Champagne House to produce premium English Sparkling Wine
Champagne Taittinger aims to make something of real excellence in the UK’s increasingly temperate climate, and not to compare it with Champagne or any other sparkling wine. Famous French champagne house Champagne Taittinger (established in 1734) announced the acquisition of land in Kent, UK to establish a UK Vineyard under the Domaine Evremond name. Working … Read more