business

Versace close to being sold to US label Michael Kors for $2bn

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Donatella Versace expected to confirm deal with handbag and clothing brand on Tuesday

Idris Elba’s Parrot bar adds shot of celebrity to London’s cocktail mix

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Actor’s Aldwych venture has ‘A-list surprises’, chauffeur-driven Aston Martins and DJ Driis on the decks

Burberry to stop burning unsold items after green criticism

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Company will reuse, repair or recycle products and end use of real fur

Rich overseas parents buy £2bn of property to get top school places

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Wealthy parents see London properties as route to private schools for their children

Mother of Pearl: ‘I struggled coming into the fashion industry – I’m not a natural fit’

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Growing up off grid inspired designer Amy Powney’s passion project, No Frills, a range of fully traceable, ethical clothes

Aston Martin races to become player as global luxury brand

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Now pay attention, the 1%: the car company known for James Bond is building luxury flats and submarines