WEALTH

AUTOS

Volvo Buys Polestar, Dozens of Volvo Fans Rejoice

Volvo announced today that it has acquired 100 percent of the tuning firm Polestar, maker of the divine and incredibly rare hot-rod Volvo S60 and V60 Polestar. This means more Polestars for everyone, which is excellent news for the tiny, fiercely loyal tribe of high-performance-Volvo fans worldwide. – We’re not joking about the rarity factor: Volvo built only 750 Polestar-tuned S60s and V60s for 2015, a mere 120 of which were brought to U.S. shores—80

Could Plastic Highways Mean the End of Potholes?

-The deterioration of our asphalt roads poses a long-term maintenance problem, requiring extensive digging and construction (and horrible ruts and potholes when they simply aren’t maintained). So why not make roads out of easy-to-replace plastic slabs? – Working with the city of Rotterdam, a Dutch company called VolkerWessels has recently proposed exactly that. It wants to develop and construct plastic roads that are as easy to remove as they are

This Corvette-Powered Dodge Is the Real Power Wagon

– The Power Wagon has been around in various forms going back 60 years, but never has Dodge made one quite like this 1949 Power Wagon. – The original Dodge Power Wagon was introduced in 1945 as a civilian version of Dodge’s military WC series of trucks. Designed as a utility truck, it came standard with four-wheel drive and was powered by a 3.8-liter six-cylinder engine. – This truck, however,

REAL ESTATE

LUXURY

Amazon rumored to be purchasing Richemont-owned Net-A-Porter

Promotional image for Net-A-Porter premier delivery service Online marketplace Amazon may be in talks to purchase British ecommerce site Net-A-Porter, if reports that have been rumored are true. The etail giant has been unsuccessful in entering the luxury industry in spite of attempts in recent years, and this potential acquisition could be significant for the future of both companies. The impact that this purchase could have on Net-A-Porter is unclear,

Ultra-high-net-worth individuals in US account for third of global wealthy: Wealth-X

Michael Kors menswear The United States’ population of ultra-high-net-worth individuals grew by 6 percent overall last year, and no states saw a decrease in this demographic, according to findings by Wealth-X. Wealth-X’s “American Ultra Wealth Ranking 2014-2015” found that the UHNW population of the U.S. is primarily concentrated in major metropolitan areas across the country, while some states boast more than one city with a large demographic of wealth. Having

Feadship creates Instagram page to share nautical photos

Feadship’s first Instagram post Feadship Royal Dutch Shipyards launched its first Instagram page to jump on board with the medium’s commonly posted tropical images. Younger social media users are quickly turning away from Facebook and Twitter to focus on the image heavy nature of Instagram. For a brand that is so often in sunny, warm destinations, maintaining a presence on Instagram will spark envy among followers. Snap a photo  Between

Fendi models enter digital game in social video

Fendi bag bug Italian fashion house Fendi is launching a new digital boutique through a short social video featuring models within an arcade game. The video shows model gaining points for snatching different purses. The whimsical video fits in with Fendi’s other social videos and serves as a way for the brand showcase it digital assets. Fendi gaming The video begins with the Fendi Roma logo, but Roma quickly changes

Lagerfeld’s Choupette leads trend as pets become brand representatives

Choupette stars in a calendar this year Millennials are well-known for their love of looking at pictures of cats on the Internet, but some luxury brands are beginning to take advantage of this and use the furry friends to market products. The best example of this is Choupette, Karl Lagerfeld’s white Birman cat, who became an Internet sensation after the designer adopted her from a friend in 2011, and who is