Discretionary spending continued to drive growth across fashion-forward sectors. Report

Mastercard SpendingPulse: U.S. Retail Sales in June Reflect Rising Prices for Essentials, Continued Leisure Spending. According to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment, U.S. consumer retail spending excluding automotive increased +9.5% year-over-year (YOY) in June, while retail sales excluding auto and gas rose +6.1% YOY. Rising prices—particularly … Read more

London luxury property prices will stay flat until after Brexit, says Savills

Market sentiment will remain ‘fragile’ amid uncertainty but start to recover towards the end of 2019, forecasts estate agent

Fifth Avenue, Broadway post substantial asking price increases

Rising asking prices and heavy foot traffic in Manhattan’s high profile shopping corridors make the Manhattan retail real estate sector one of New York City‘s most robust, according to The Real Estate Board of New York’s (REBNY’s) Spring 2013 Retail Report, a report compiling data about asking rents for available space provided by a broad … Read more

The Britain – first collection of automatic luxury watches by Burberry

Burberry’s iconic trench coats is the major source of inspiration for “The Britain”, the first automatic timepiece launched by the Bristish luxury house and the company’s first venture into the luxury watch market. The Britain collection of square cased watches embodies the brand’s rich British heritage, featuring timepieces in the range varying across 43mm and 47mm … Read more

Paris, Geneva and Oslo – the most expensive cities for ordering a club sandwich

The most expensive triple-decker sandwich is sold in Paris, according to online booking site Hotels.com. The survey researched the price for ordering a club sandwich in three to five-star properties around the world. Geneva and Oslo are situated on the next two positions. Why choose the club sandwich? The classic chicken, bacon, egg, lettuce and … Read more

Kill it and get rid of inventory! Six-figure rebates for the purchase of a new Maybach

Maybach customers treated to $100,000 cash back Luxury car maker Maybach offers hard cash to sell out remaining inventory after Daimler made the decision to kill off the Maybach brand. Maybach customers are treated up to remarcable $100,000 cash back. According to AOL Autos, Maybach is trying to move its uber-luxurious Type 57 and Type … Read more