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The Latest Breaking News from Luxury

Tesla Still Dominates US EV Market By Leaps And Bounds

Even as people point to increasing competition as a threat to Tesla, the automaker’s current positioning is hugely dominant in the market.

InsideEVs

Inside the multi-million euro sales of luxury Irish country homes and who is buying them

Irish prime country homes are defined as transactions greater than €1 million and located outside of Dublin, the major regional cities and north Wicklow. Last year, 130 of these homes were bought - an extraordinary increase of 51% on the 2021 figures.

Irish Mirror

Rush for bags and scarves helps Burberry offset China Covid slump

British luxury goods firm reports 1% increase in global sales in last quarter of 2022

The Guardian - UK

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Gen Z are splurging on luxury shopping from as young as 15

Teenagers are making their first luxury buys - likely a piece of jewelry or bag - as early as age 15. It's a trend that's set to stay and brands are capitalizing on their new audience.

Fortune

Home Bargains shoppers find luxury £49 hair products on shelves at £1.99

Shoppers were quick to share the news

Nottingham Post

Car rams into Grafton Street store before thieves make off with quantity of luxury clothes

Thieves rammed a car into the front of a Hugo Boss store around 4.30am causing extensive damage. They then made off with an unknown quantity of clothes from the luxury fashion retailer.

Irish Mirror

Burberry’s Sales Growth Slows to 1% on China COVID Hit

British luxury brand Burberry's like-for-like sales growth slowed sharply to 1% in the quarter to end-December as COVID-19-related disruption in mainland China largely offset a stronger performance in Europe. Analysts were expecting a 2% rise, according to a company-supplied consensus. It had reported growth of 11% for the previous quarter.…

Asharq Al-Awsat

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It’s a Business Free-for-All in a Russia Transformed by Sanctions

In Putin’s “mobilization economy,” entrepreneurs find creative ways to meet demand, like converting Krispy Kreme into Krunchy Dream, Starbucks into Stars Coffee.

Businessweek

Cost of supermarket budget brands rose 20.3% in December, survey finds

Huge rise in cost of own-label ranges outstripped 12.6% increase in supermarkets’ luxury brands

The Guardian - UK

Time to make the wealthy pay for development

The World Economic Forum's annual meeting in Davos, Switzerland, has always been more than a little problematic. But in recent years, the annual gathering of the rich and powerful has become an increasingly wasteful exercise in vanity. What is the point of all those private jets, luxury hotels, and clinking…

Bangkok Post

Romanian police seize assets worth £3m in Andrew Tate case as luxury cars towed

Jailed influencer lost an appeal against seizures in Bucharest

The Independent UK

Best luxury perfumes for her to shop in 2023

The scents turning the everyday into the extraordinary

Evening Standard

Love Island Winter 2023: First episode review

The first in Evening Standard's Love Island: Crack On, we take a look at the first episode, discuss the changes to this year's format and make our predictions on who will take home the crown. Maya Jama left the Love Island contestants in shock after announcing the arrival of the…

Evening Standard

Luxury lodge holiday park plan for stunning Ayrshire coastline

Site of former army camp earmarked for tourist development.

Daily Record

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Evening Standard

Best 21st birthday gifts for her: Unique ideas that she will love

Old enough to know better, young enough to get away with it

Liverpool Echo

Bookings open for Chester Zoo's 'luxury' wedding and events venue

The space is set to open this spring

Bangkok Post

Aman launches 'Essential Skin'

Aman Essentials, the lifestyle brand from the revered luxury hospitality company Aman, has launched "Essential Skin", a new skincare range comprising five products developed and produced in Japan.

Asharq Al-Awsat

Luxury Giant LVMH hits 400 Billion Euro in Market Value

LVMH shares rose to a fresh record high on Tuesday, giving the luxury goods group a market capitalization of 400 billion euros ($434 billion) for the first time and cementing its lead as Europe's most valuable company. Like other luxury companies which are heavily exposed to China, LVMH has benefited…

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Chronicle Live

Luxurious Hotel Gotham's five-star plans for old Newcastle city centre fire station set to go ahead

A row over a licence for the new venue in Pilgrim Street appears to have been resolved

Daily Mirror

This Morning star Josie Gibson’s son Reggie rushed to hospital after accident in Mexico

Josie Gibson revealed her son Reggie has been rushed to hospital while on a luxury holiday to Mexico after sustaining an injury

Bangkok Post

China market poised to surge in Q4

Luxury hotel operators are expecting the Chinese market to pick up stronger late this year as there were no notable bookings from the mainland in the first quarter.

Manchester Evening News

ITV Love Island's Lana Jenkins - the ex-girlfriend of I'm A Celebrity's Owen Warner with the backing of pal Michelle Keegan

Among those entering the luxury villa and looking for love this year is Lana Jenkins

WEKU

Andrew Tate's cars and watches, worth $4 million, are confiscated by Romanian police

Romanian authorities hauled away a $3.9 million trove of luxury cars, watches and cash as part of an ongoing sex trafficking investigation looking into the self-styled male dominance influencer.

Daily Mirror

Teen's new £200k McLaren supercar seized after speeding two days after purchase

An 18-year-old motorist had his luxury £200,000 McLaren seized by Warwickshire Police, as people have slammed the teen for driving such a "powerful car" saying it "could've ended in a fatality"

Daily Mirror

Inside luxury £34million doomsday bunkers which can survive devastating nuclear war

A new set of luxury doomsday bunkers have been launched by a Swiss engineering company just months after Russian president Vladimir Putin threatened the West with nuclear war

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