US fashion brand Michael Kors to stop using animal fur
Move to adopt synthetic fibres comes six months after protesters heckle designer at New York speech
World news
Electric cars already cheaper to own and run than petrol or diesel – study
Exclusive: Pure electric cars cost less over four years than petrol or diesel cars in the UK, US and Japan, researchers say, but China is set to lead the market
Fine art to topple fine wine in 2017 luxury investment league
Rich investors burned in the financial crisis are back in the market for modern masterpieces, according to Knight Frank luxury investment index
Shenzhen’s new V&A-approved culture centre to showcase city’s artistic side
The Chinese megacity has grown rapidly over the last 35 years and with its new Sea World Culture and Arts Centre opening in December it’s looking to make as big an impact in culture as it has in industry
Spaniards face ham shortage as Chinese market gets taste for jamón ibérico
Iberian ham has become the latest sought-after luxury from the west in China, but demand is outstripping supply
Monaco builds into the Med to house new throng of super-rich
The tax haven has a luxury housing crisis – it doesn’t have enough land for the 2,700 multimillionaires forecast to settle there over the next decade