North Korean leader Kim Jong Il - who shuns air travel - has six luxurious special trains equipped with conference rooms, bedrooms and high-tech communication facilities, a South Korean newspaper says.

Omega is kicking off a worldwide advertising campaign in celebration of the tenth anniversary of its revolutionary Co-Axial escapement.

The advertisements feature photographs of Omega’s brand ambassadors sporting loupes, the magnifying glasses favoured by watchmakers.

While the rest of the world struggles to bounce back from the global financial crisis, China’s billionaires are living large, snapping up luxury products at a breathtaking pace.

Beijing’s Jinbao Street is the must-visit address for billionaires with yuan to burn.

Once a maze of alleys, the 800-metre (yard) stretch of road is now home to Rolls-Royce, Bugatti, Lamborghini, Gucci, Cartier, the exclusive Hong Kong Jockey Club and several five-star hotels.

German automaker Porsche has released the first images of its 2011 Boxster Spyder, just one of many new Porsches scheduled in the next few years.

The 2011 Spyder, the lightest Porsche ever, has been redesigned with added power and is set to be unveiled at the Los Angeles Auto Show, opening Dec 2.

Worldwide sales commence February 2010 with a base price of around €50,000 for the latest edition of the Boxster line.

Madonna has joined forces with Italian designers Dolce & Gabbana to showcase their spring/summer 2010 collection in the brand’s forthcoming ad campaign.

The adverts will be Sicilian-themed and were shot in Brooklyn, New York, by renowned fashion photographer Stephen Klein.

“To have Madonna in our campaign is a dream come true,” Domenico Dolce and Stefano Gabbana said in a statement.

On October 23 Italian supercar maker Lamborghini announced the official opening of their franchise in Sao Paulo, its first store in South America.

The store will be located on posh Avenida Europa. Sao Paulo was chosen due to its status as one of the most modern and luxurious cities in South America.

This marks only the second Latin American store for “The Raging Bull,” which operates a shop in Mexico.