Luxury

Fashion

How Chanel became a US$10 billion business under Karl Lagerfeld

(Feb 20): When Karl Lagerfeld began creating clothes for Chanel in 1983, he inherited 70 years of fashion legacy. Yet Chanel was struggling as it searched for a new identity after the death of its founder left a vast void.

Property

The lost decade of Sentosa Cove, Singapore’s billionaire haven

SINGAPORE (Sept 19): Sentosa Cove, a residential enclave nestled on an island off the coast of Singapore, is quiet at the best of times. Of a weekday, its frangipani-lined streets are mostly devoid of life, save the odd domestic helper taking her four-leg

Fashion

Why Prada can charge US$1,700 for bananas on your shirt

Prada’s bowling shirt is so ugly the New Yorker called wearing it an act of “performance art.” The Frankenstein-style mash-up of garish prints, with a flame motif creeping up the bottom, costs US$1,200 and happens to be the shirt of the summer, spor

Results

The Hour Glass posts 18% decline in 1Q earnings to $7 mil on one-off expense

SINGAPORE (Aug 14): Luxury watch retailer The Hour Glass Group announced earnings of $7 million for the 1Q18 ended June, down 15% from $8.2 million posted in 1H17 on higher expenses which were largely attributable to a one-time relocation cost.

Fashion

Springtime glow

French luxury make-up houses are taking on spring 2017 with bright, playful shades and multipurpose innovations that are easy to use and wear
Image: Reuters

China Focus

China hikes tax on 'super cars' amid luxury crackdown

SHANGHAI/BEIJING (Dec 1): China will impose an extra 10 percent tax on super cars and other luxury models costing 1.3 million yuan ($0.27 million) and above, in a bid to rein in lavish spending and to reduce emissions, the ministry of finance has said.
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