Selfridges is best department store

The Intercontinental Group of Department Stores (IGDS) and the International Association of Department Stores (IADS) have named London shopping temple Selfridges the Best Department Store in the world. Prestigious contestants including Bloomingdales in the US and Lane Crawford in Hong Kong were left behind when both groups announced the winner during the Global Department Store [...]


Delta Expanding First Class on Domestic Flights

US carrier Delta is to buck the airline trend of shrinking premium cabins by increasing first class capacity on its domestic flights, perhaps hinting that a recovery in luxury travel may be on the cards. The airline announced last week that from this fall it is to offer first class on all internal US flights [...]


Buffett Lunch Auction Fetches Record $2.6 Million

Warren Buffett’s lunch auction rose to a record of $2.63 million in the 11th annual charity fundraiser. That’s about 24 percent higher than the previous record, set in 2008 when hedge-fund manager Zhao Danyang of Hong Kong paid $2.11 million. The chance to have lunch with the celebrated billionaire investor drew nine bidders and 77 [...]


Second life for Lacroix creations

The exuberant creations of Christian Lacroix, who lost his prestigious house last year, are to get a second life as part of France’s national heritage. The French culture ministry said Tuesday that the owners of the label had confirmed a donation of 11 outfits for the country’s Decorative Arts Museum. A further 3,000 haute couture [...]


Nobiskrug to build line of 85m Rolls-Royce yachts

U.S.-based Atlantic Yachts has contracted with Rolls-Royce’s Marine division to design and engineer a new line of superyachts dubbed the NVC 85 Y. The 85-metre craft will be built by Germany’s Nobiskrug GmbH while Atlantic’s founder Paul Madden, formerly of Blohm + Voss will oversee the project. “The German built version of the NVC 85 [...]


Net-à-Porter opens men’s shop

Online designer store Net-à-Porter has finally confirmed the launch of a men’s division: Mr Porter will open in January, but you can already register online. The site will launch for the S/S 2011 season, with an edited line-up which includes global designer labels and niche brands, as well as editorial and style advice. Mr. Porter [...]

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