Shanghai in slow lane as market crash accelerates slump in luxury car sales
Little interest in showrooms as deep discounts fail to drive in customers
business
Love to hate luxury property in London? This is why you’re wrong
Luxury high-rises like the Aykon Tower, ‘poor doors’ and off-plan sales to the overseas super-rich can all play a role in tackling the city’s housing crisis
Hermes second-quarter sales boosted by Japan
Wealthy Chinese shoppers have been taking advantage of exchange rate fluctuations to buy luxury goods at lower prices in Japan and Europe
Burberry shares drop as sales in Hong Kong continue to fall
Luxury fashion house suffers further dips from lucrative markets in east Asian city and region as tourism from mainland China drops
Lab-grown leather is coming, but is the industry ready for it?
A startup, Modern Meadow, is attempting to develop a biomaterial alternative to leather as prices rise. Will it succeed – and will it have a market?
Alwaleed bin Talal: meet the Saudi prince giving away all his money
The high-flying royal, who sued Forbes for ‘underestimating’ his fortune just years before handing it all to charity, seems to defy the cliches of a Saudi magnate