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Financial Times sold by Pearson for $1.3B

How To Spend It’s Oct. 19 cover Publisher Pearson is selling the FT Group to Japanese-based global media company Nikkei Inc. for a gross amount of $1.3 billion. This sale includes the FT newspaper, the publication’s Web site and supplement magazine How To Spend It, along with other titles, with a combined circulation of 737,000. With Nikkei’s experience in running journalistic publications, Pearson expects the group to “continue to flourish”

How to market to the various kinds of luxury consumers

Akash Kaura is part of the insights team for Asia-Pacific at LinkedIn Marketing Solutions By Akash Kaura Luxury goods and services are a significant market worldwide. The 350-million strong consumer base is an enormous revenue opportunity, according to Bain. What is more, Hong Kong consumers spent close to U.S. $8 billion on luxury goods in 2014. Their counterparts in Singapore spent close to U.S. $4 billion with Indonesians weighing in at

Top 10 luxury apparel and accessories efforts of H1

Armani’s Le Sac 11 handbag As consumers are becoming more digitally inclined, luxury apparel and accessories brands are finding ways of telling their stories through creative films or multimedia projects. Whether celebrating an anniversary or exploring an iconic garment, labels brought consumers into the discussion through digital, often enabling them to become part of the conversation. Brands also found innovative ways to bring their fashion to life in public, using

5 Chicago Restaurants That Will Transport You Around the World

With dirt-cheap taco joints and trailblazing temples of haute cuisine—and everything in between—Chicago has one of the richest, most diverse, most satisfying food scenes in the United States. Of course, the city has hometown staples like deep-dish pizza, Italian beef sandwiches, and Chicago-style hot dogs, all of which are worthy of indulgence, but this is also a town where you where you can taste the flavors of the world. What’s