Mulberry bags larger profits after price cuts
Luxury handbag firm sees 8% rise in sales after wooing back customers, and plans to open more factories in UK
Julia Kollewe
Berkeley reports 20% fall in reservations for new homes
Housebuilder has also not launched any new schemes blaming EU referendum and changes in government policy
Revlon to buy Elizabeth Arden for $870m
Elizabeth Arden is known for its luxury skincare products, especially anti-ageing ranges, while Revlon is stronger in hair colour
Giorgio Armani revenues hit by China slowdown
Italian fashion house is latest luxury brand to suffer from economic slump in emerging markets and tourists’ terrorism fears
Gold demand soars 21% in strongest first quarter on record
Negative interest rates and global uncertainty are likely to boost demand further, says World Gold Council
£1.5m Battersea power station apartments held back from market
Downturn at top end prompts developers to withhold from sale 150 flats designed by Frank Gehry and Norman Foster