Christie’s reports soaring sales of £10m-plus art
Auction house is boosted by Asian demand as well as lots including £44m Brancusi and £36m Beckmann in first half of year
business
Paris’s Colette – ‘the trendiest store in the world’ – set to close
The concept boutique known for unexpected collaborations and being the only shop that Karl Lagerfeld claims to frequent will shut up shop in December
Electric cars to account for all new vehicle sales in Europe by 2035
Falling battery costs to drive sales but European carmakers will lose out to rivals in the US and Asia, forecasts Dutch bank
Burberry drops plans to redevelop Leeds mill despite pick-up in sales
Luxury brand insists it is committed to city, where it is moving 300 head office jobs, as it also delays decision on new factory
Taylor Swift swan frolic prompts huge expansion in sales of inflatables
Demand for designer pool accessories – from doughnuts to unicorns – soars as shoppers splash out on social media props
Forget Alexa, Amazon’s next big product is … wine
World’s largest retailer moves from tech products to its own wine, to revive the ‘direct connection between wine-maker and customer’