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Luxury News

Rare blue diamond goes under hammer in Geneva for $17 million

Geneva - A rare blue diamond on Wednesday sold in Geneva for just over $17 million, as Sotheby's eyed total sales in excess of $100 million at the autumn jewel auctions.The 8.01-carat "Sky Blue" diamond in a Cartier setting was snapped up for $17.1 million (15....

Luxury thrives amid misery in Ukraine's war-torn east

Donetsk - Fancy restaurants and trendy boutiques stand just blocks away from stuffy bomb shelters where survivors hunker down in eastern Ukraine's pro-Russian rebel capital city of Donetsk.

French police smash armed gang over luxury heists in Paris

Paris - Eight men have been charged over heists of millions in luxury goods from Chanel and Chopard boutiques in Paris, a source close to the investigation said Saturday. Robbers made off with one million euros ($1.

Paris thieves steal 3 mn euros in luxury watches

Paris - Two safes containing luxury watches worth three million euros ($3.3 million) have been stolen from a Paris warehouse, police sources said Monday.

Armed robbers hit Chanel boutique in central Paris

Paris - Three robbers with pump-action shotguns raided a Chanel boutique in central Paris on Thursday, fleeing with a large haul of luxury goods, a police source said. The source said the stolen goods were valued at "several hundreds of thousands of euros".

Rare blue diamond aims for record price at Geneva auction

Geneva - A dazzling blue diamond once owned by mining magnate Philip Oppenheimer could fetch a record sale price Wednesday, with auction house Christie's hoping it tops the staggering $48.4 million mark set last year.The 14.

Quality Champagne no riddle for 'remueurs': turn bottles by hand

Reims - In a humid, dimly lit cellar of French Champagne house Ruinart, Cyril Guisant turns by hand some 60 bottles tilted downward in an A-frame-shaped rack.

Asian appetite for luxury boosts global art and jewel auctions

Ginebra - They are not in the room rubbing shoulders with traditional wealthy buyers, instead choosing to remain in the shadows, making their multi-million bids by telephone.

Buses for $5? Failed San Francisco transit startup auctions fleet

San Francisco - Like highly successful startups Amazon and Dropbox and, potentially, Uber and Lyft, Leap Transit started out to disrupt the everyday and make money by adding the Internet to whatever was already going on.

Cannes heist nets 17.5 mn euros in jewels and watches

Cannes - Four robbers who hit a luxury Cartier boutique in the French town of Cannes this week made off with an estimated 17.5 million euros ($20 million) in jewellery and watches, sources close to the investigation said Thursday.

The Apple Watch is "not a threat" to mechanical watches

Lead Apple designer Jony Ive has said that the Apple Watch should not be viewed as a threat by luxury watch manufacturers in a filmed interview designed to uncover Apple's aims with its new wearable device.

Hangover for Bordeaux wines as Chinese demand dries up

Bordeaux - Sales of France's famous Bordeaux wines fell sharply last year, winemakers said on Thursday, blaming a poor harvest in 2013 and rapidly slowing demand in China, its main export market.

Trial over one of world's biggest jewellery heists opens in Paris

Paris - The trial of eight people accused of stealing gems and watches worth more than 100 million euros ($114 million) in a double heist at a Harry Winston jewellery shop kicked off Tuesday in Paris.

Photo essay: Celebrating New Year's Day at Claridge's, London Special

London - Claridge's is a 5-star hotel located on the corner of Brook Street and Davies Street in Mayfair, London. On New Year's Day the hotel is still decorated for Christmas. Digital Journal paid a visit.

Luxury U.S. retailers court Canadian consumers

After years of being left out in the cold, Canadian consumers of upscale brands will now see big changes. Luxury retail is making its way north in a move to boost bottom lines and satiate a hungry market.

Lux Line preorders of iPhone 6 ready before phone hits market

As if having an iPhone 6 is not enough, Apple lovers can now have one that is worth its weight in gold. Well, maybe not worth all its weight, but soon consumers will be able to get one that is finished in either 24-karat yellow or pink gold.

Op-Ed: The Monaco Grand Prix's big appeal

Monaco-ville - Every year, the world's fastest drivers gather for the most luxurious fixture in the Formula One calendar beneath the Rock of Monaco: the Monaco Grand Prix. Spectators have fun in the French Riviera at one of the most historic automobile races.

Christie's to auction off world's biggest blue diamond

Geneva - The world's largest blue diamond will go under the hammer in Geneva next month, with the rare gem expected to fetch up to $25 million, auctioneers said Friday."The Blue", a shimmering pear-shaped rock the colour of cobalt and weighing 13.

Indonesian military chief in flashy watch row

Jakarta - Indonesia's military chief came under fire Friday after rejecting claims he had been pictured wearing a luxury Swiss watch and insisting that the timepiece was a Chinese-made fake.

Swiss immigration vote ticks off watchmakers

Basel - Switzerland's recent vote to curtail immigration from the European Union could seriously impact the Alpine country's booming watch trade, industry insiders warned this week.

Mimosa, French perfume-makers' secret ingredient

Grasse - Like miniature pompoms bursting with colour and fragrance, mimosa flowers turn the hills around France's perfume capital, Grasse, a golden yellow for a couple of fleeting weeks each year.Though they fade fast -- and must be processed as soon as they ar...

Russian spending in Britain drops

London - Russian spending in British shops fell by 17 percent last month compared to February 2013, according to tax-free shopping statistics out Monday.Visitors from Russia spent an average £669 ($1,103, 800 euros) per transaction, according to Global Blue, s...

Thieves steal $800,000 from trendy Colette concept store in Paris

Paris - Two masked robbers wielding a gun and an axe burst into the Colette boutique in the heart of Paris Saturday, making off with 600,000 euros ($800,000) worth of goods from the trendy concept store, officials said.The pair held up the store on Saint-Honor...

Hermes posts glittering results driven by Asia sales

Paris - French luxury goods group Hermes on Thursday posted record profits in 2013 as sales of its bags and scarves showed little sign of slowing, especially in China.Net profits rose by 6.8 percent last year to 790 million euros ($1.1 billion) on a 7.8-percen...

Gold-plated car shines at Geneva Motor Show

Geneva - For lovers of luxury and bling-bling, German tuning specialist Carlsson is offering an eyeful at the Geneva Motor Show this week, displaying the world's first gold-covered car.Several thousand sheets of gold leaf were needed to cover the Versailles-ins...

Accessible luxury snaps at heels of mega brands

While Gucci and Louis Vuitton blame slumping sales on their upmarket drive they argue will help them regain some of their lost glory, there is growing evidence they are losing out...

Luxury carmakers veer into booming SUV space

Geneva - Massive or small, affordable or off-the scale pricey: urban sports utility vehicles abound at the Geneva Motor Show, with luxury carmakers speeding into the lucrative market.One of the stars of the show, which opened its doors to the media on Tuesday, ...

Activist Loeb seeks board shakeup at Sotheby's

New York - Activist investor Dan Loeb Thursday nominated himself and two allies to the board of Sotheby's, arguing the auction house's current board lacks the skills and inclination to undertake needed changes.Loeb, chief executive of hedge fund Third Point, Soth...

Versace to sell 20% stake to Blackstone of US

Rome - Italian family-run fashion house Versace said on Thursday it had agreed to sell a 20-percent stake to US private equity firm Blackstone in a deal that values the group at 1.0 billion euros ($1.4 billion).The company said in a statement that Blackstone ...

As luxury market slows, accessories lead the way

Milan - With sales in the global luxury sector starting to slow, Italian shoes and handbags stand out as powerful growth engines as the middle classes in emerging economies indulge the urge to accessorise.Companies like Casadei and Furla, which showed off thei...
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Constantia Vista  Cape Town  South Africa - Jacuzzi with a view.
Constantia Vista, Cape Town, South Africa - Jacuzzi with a view.
Constantia Vista
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From Leaptransit.com
Constantia Vista  Cape Town  South Africa - The Pool Apartment  entertainment lapa.
Constantia Vista, Cape Town, South Africa - The Pool Apartment, entertainment lapa.
Constantia Vista
Constantia Vista  Cape Town  South Africa - Private splash pool for the Pool Apartment.
Constantia Vista, Cape Town, South Africa - Private splash pool for the Pool Apartment.
Constantia Vista
Constantia Vista  Cape Town  South Africa - the view.
Constantia Vista, Cape Town, South Africa - the view.
Constantia Vista
Bangkok Pullman G Hotel
Bangkok Pullman G Hotel
Customers dine in style aboard the Napa Valley Wine Train in 2011.
Customers dine in style aboard the Napa Valley Wine Train in 2011.
Jim G / Wikimedia Commons
Constantia Vista  Cape Town  South Africa - The Main House - Master Bedroom.
Constantia Vista, Cape Town, South Africa - The Main House - Master Bedroom.
Constantia Vista
Constantia Vista  Cape Town  South Africa
Constantia Vista, Cape Town, South Africa
Constantia Vista
These machines cost thousands of dollars to build and maintain. However they sell incredibly luxurio...
These machines cost thousands of dollars to build and maintain. However they sell incredibly luxurious items and make serious profits.
YouTube
Constantia Vista  Cape Town  South Africa
Constantia Vista, Cape Town, South Africa
Constantia Vista
Panamonte XXV Reserva bottle 74 of 2 500 expected to hit U.S. stores this summer.
Panamonte XXV Reserva bottle 74 of 2,500 expected to hit U.S. stores this summer.
Constantia Vista  Cape Town  South Africa - The View Cottage  living room.
Constantia Vista, Cape Town, South Africa - The View Cottage, living room.
Constantia Vista
Constantia Vista  Cape Town  South Africa
Constantia Vista, Cape Town, South Africa
Constantia Vista
Rolls-Royce Phantom
Rolls-Royce Phantom
Wikipedia
An X-ray image of a Pierre Corthay s bespoke Arca shoe  by photo collective Luxinside
An X-ray image of a Pierre Corthay's bespoke Arca shoe, by photo collective Luxinside
Courtesy Luxinside
Porcelanosa s  Samara  model bathtub is made from a single slab of stone and boasts a hefty pricetag...
Porcelanosa's "Samara" model bathtub is made from a single slab of stone and boasts a hefty pricetag.
Porcelanosa
An X-ray image of a bottle of  Louis XIII cognac  by photo collective Luxinside
An X-ray image of a bottle of Louis XIII cognac, by photo collective Luxinside
Courtesy Luxinside
Constantia Vista  Cape Town  South Africa - The View Cottage - entertainment lapa and BBQ.
Constantia Vista, Cape Town, South Africa - The View Cottage - entertainment lapa and BBQ.
Constantia Vista
An X-ray image of a Leica M8 digital camera  by photo collective Luxinside
An X-ray image of a Leica M8 digital camera, by photo collective Luxinside
Courtesy Luxinside

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