The luxury market is tricky to crack but the rewards can be great
Businesses selling high-end products face low volume sales and fierce competition. But with the right branding, the sense of customer loyalty can’t be beaten
business
Santa comes to Selfridges early – and he’s everywhere
From setting off confetti cannons to unveiling more than a dozen festive windows, Oxford Street’s top draw launches its Christmas campaign
HSBC winds down private banking operation in Monaco
Move completes effort to reduce services to wealthy after tax scandals at Swiss arm and dealings with Panamanian law firm
Sales of luxury London properties collapsed by 86% in past year
Developers scale down most opulent projects, with newbuilds divided into smaller homes, as increased taxes blamed
World’s billionaires lose £215m each as global economy struggles
Study finds billionaire population grew in 2015, but total wealth of this group fell by nearly £250bn as economic growth stalled
The eight technologies every entrepreneur should know about
Rapid technological change can be hard for small businesses to track. We speak to the experts about the trends shaping the future