It seems to be the season for speculating about who is (or isn’t) bidding for which company and the latest rumour to emerge is that Investindustrial is on the shortlist to buy cycling specialist Rapha.
London's luxury shopping appeal was underlined Monday on news that a private jet firm has seen surging demand for London flights as even wealthy shoppers take advantage of post-Brexit vote luxury bargains.
Rodrigo Flores’ fashion collection, which includes approximately 1,500 pieces of clothing and accessories dating from the 18th to the 20th centuries, will be auctioned at the end of the year in New York.
Fur farms will be illegal in the Czech Republic from 2019, after the senate passed an amendment to the animal rights law. Countries such as Britain, the Netherlands and Switzerland have already outlawed the practice.
Tourist spending in the UK reached £643m last month with a £2.4bn bonanza expected for the summer overall as tourists flock to fashion and luxury stores across the country, according to payments firm Worldpay.