What will the car of 2040 be like?

Following the announcement petrol and diesel engine cars will be banned from sale in 2040, the car of the future is up for grabs

Jimmy Choo auctioned off to US fashion brand Michael Kors for £900m

American firm fends off rival bids for fabled British luxury shoes and bag firm

Christie’s reports soaring sales of £10m-plus art

Auction house is boosted by Asian demand as well as lots including £44m Brancusi and £36m Beckmann in first half of year

Lanvin fashion house appoints second artistic director in two years

Appointment of ‘e-couture’ expert viewed as an attempt to relaunch historic fashion house for a digital audience following Bouchra Jarrar’s exit

Electric cars to account for all new vehicle sales in Europe by 2035

Falling battery costs to drive sales but European carmakers will lose out to rivals in the US and Asia, forecasts Dutch bank

Taylor Swift swan frolic prompts huge expansion in sales of inflatables

Demand for designer pool accessories – from doughnuts to unicorns – soars as shoppers splash out on social media props