Aston Martin confirms sacking of chief after share collapse
Andy Palmer, who had been head of car firm since 2014, will be replaced by Tobias Moers
Andy Palmer, who had been head of car firm since 2014, will be replaced by Tobias Moers
Designer, who has faced protests over his pay, is due to hand over day-to-day running of the luxury goods retailer next month
Global Diamond Demand Reaches Record Levels. Global demand for diamond jewellery reached a record high of US$79 billion in 2013 according to the inaugural Diamond Insight Report, published this week by The De Beers Group of Companies. Demand is expected to continue to grow over the long-term, driven by the ongoing economic recovery in the … Read more
Dior has yet to name a new chief designer — but sales are booming At Paris Fashion Week in September, Christian Dior‘s chief executive Sidney Toledano batted away questions about Galliano‘s succession, saying the fashion house would take the time it needs to find the right fit. Dior posted in October a turnover of 705 … Read more
Luxury carmaker Rolls-Royce enjoys record sales 2011 sales up 31 percent Rolls-Royce reported strong sales across the globe, with sales in the Asia Pacific region up 47 percent, North American sales rising 17 percent and Middle East sales up 23 percent. It also performed well in Britain, despite tough economic conditions, with sales up 30 … Read more