High-end home buyers are backing off as rising interest rates, inflation, a tepid stock market and economic uncertainty make it less feasible to purchase luxury goods. Redfin Reports Luxury-Home Purchases Plummet 28%, the Biggest Drop on Record. Sales of luxury U.S. homes fell 28.1% year over year during the three months ending Aug. 31, 2022, … Read more
Ras Al Khaimah, the Northernmost Emirate in the United Arab Emirates (UAE) is bucking post-pandemic tourism trends with exceptional growth and a £96-million investment in its industry. According to Raki Phillips, CEO of the Ras Al Khaimah Tourism Development Authority (RAKTDA), the Emirate’s tourism figures recorded a drop of 25%, yet around three times … Read more
Suit makers say there will be a ‘desire to dress up’ after latest Covid lockdown in England
UK’s bigger seller of Rolex and Omega watches to repay £3.3m in furlough money but retain rates relief
Industry recognises those who produced PPE for Covid and campaigned for greater diversity
At the end of a truly difficult year, Christmas lights, trees and decorations are springing up, and even the shuttered shops haven’t slowed the present buying. What’s behind this race to begin the festive season?