WEALTH

AUTOS

2017 Bentley Bentayga Revealed In 1/18th Scale, Seems 18/18ths Accurate

– Besides having a name that lends itself to long, drawn-out development cycles—what’s Bentayga’n you so long, Bentley SUV?—Bentley’s much-delayed upcoming Bentayga remains an unknown quantity, at least visually. Despite several teasers and a failed design concept that forced Bentley to go back and restyle the thing, we still don’t know what the big crossover looks like. Make that we “didn’t know” what it looks like, if toy-car photos of the

2017 Bentley Bentayga Revealed In 1/18th Scale, Seems 18/18ths Accurate

– Besides having a name that lends itself to long, drawn-out development cycles—what’s Bentayga’n you so long, Bentley SUV?—Bentley’s much-delayed upcoming Bentayga remains an unknown quantity, at least visually. Despite several teasers and a failed design concept that forced Bentley to go back and restyle the thing, we still don’t know what the big crossover looks like. Make that we “didn’t know” what it looks like, if toy-car photos of the

The 24 Hours of Europe: One Ford Mustang GT, One Full Day, 18 Countries

– “I’ve had it with these dopey little countries and all their poky borders. You can’t swing a cat without sending it through customs. Everything’s too small. The cars are too small. The beds are too small. The elevators are the size of broom closets. Even the languages are itty-bitty. Sometimes you need two or three just to get you through till lunch.”-—P. J. O’Rourke, “Among the Euro-Weenies,” Rolling Stone,

The 24 Hours of Europe: One Ford Mustang GT, One Full Day, 18 Countries

– “I’ve had it with these dopey little countries and all their poky borders. You can’t swing a cat without sending it through customs. Everything’s too small. The cars are too small. The beds are too small. The elevators are the size of broom closets. Even the languages are itty-bitty. Sometimes you need two or three just to get you through till lunch.”-—P. J. O’Rourke, “Among the Euro-Weenies,” Rolling Stone,

REAL ESTATE

Carlyle's second-quarter earnings drop as energy funds suffer

Carlyle’s private equity portfolio appreciated 5 percent in the second quarter, roughly in line with last year. As a result, Carlyle said economic net income (ENI), an earnings metric that factors in the mark-to-market value of its portfolio, dropped to $180 million in the second quarter from $289 million a year earlier. Like its major peers, Carlyle has diversified beyond corporate buyouts into alternative credit, real estate and funds of

Does Downsizing Add Up?

Filed under: Buying, Lifestyle, Selling Alamy By Susan Johnston It’s a common bit of retirement advice: Downsize your housing after the kids leave the nest to cut costs. Interestingly, though, many baby boomers have no intentions of downsizing. Nearly two-thirds of boomers surveyed in 2013 by The Demand Institute — a nonprofit owned by Nielsen — plan to “age in place” rather than move. Of those who do plan to

Egypt's Pioneers plans IPO of real estate developer Rooya: CEO

By Ehab Farouk CAIRO (Reuters) – Egypt’s Pioneers Holding is seeking an initial share offering of real estate developer Rooya worth at least one billion Egyptian pounds ($128 million), Pioneers’ chief executive said Monday. Pioneers, which specialises in market research and brokerage services but also has investment arms in real estate, industry and financial services, acquired 60 percent of Rooya’s shares in March for 1.226 billion pounds. “The listing on

Egypt's Pioneers Holding board approves offer to buy up Cairo for Housing and Development

Egypt’s Pioneers Holding said on Sunday its board had approved an offer to purchase remaining shares of Cairo for Housing and Development at a price of 11.80 Egyptian pounds ($1.51) per share for a full acquisition. The firm said in a bourse disclosure that a subsidiary of Pioneers had purchased a 9.07 percent stake in Cairo for Housing and Development, bringing Pioneers Holding’s total ownership to 45.73 percent. Pioneers has

Energy Future favors Hunt debt repayment plan to exit bankruptcy

Hunt has teamed up with junior creditors of Energy Future Holdings to raise about $12.1 billion to repay the power company’s debt and convert its power distribution business, known as Oncor, into a real estate investment trust, or REIT. Energy Future Holdings filed an amended plan of reorganization on Thursday. In a court document, it said the Hunt-backed plan was considered superior to a competing reorganization plan backed by investment

LUXURY

Marc Jacobs furthers employee stories with after hours series

Francesca’s tattoo from the #MJAfterhours video U.S. fashion brand Marc Jacobs is introducing consumers to its employees with an expanded video series that explores what they do after work. In the first video for the series #MJAfterhours Marc Jacobs introduces an employee at the Milan location who enjoys getting tattoos at a local parlor after work. By highlighting the daily lives of its employees Marc Jacobs is making its brand

How to build a successful Apple Watch app

Christian Gaiser is founder/CEO of Axel Springer SE’s Bonial.com Group By Christian Gaiser With the watch industry generating more than $60 billion in sales in 2013, Apple and application developers are looking to revolutionize how watches operate with Apple Watch. While expectations vary over how it will sell, one analyst predicts that 20 million of the Apple Watches will be snapped up by year-end, making it the most popular smartwatch ever.

Top 10 luxury brand efforts of Q2

Interior of Armani Silos In the second quarter of 2015, showing luxury brand heritage was a high priority, with a number of marketers finding innovative ways to immerse consumers in their history. Showing the constantly growing importance of digital within the luxury space, a number of brands created branded social networks or digital touchpoints to connect their consumers with each other and with customer service. Others chose to further their brand positioning through thought-provoking campaigns

Gemfields explores otherworldliness of rubies in latest film

Mila Kunis for Gemfields rubies Colored-gemstone miner Gemfields is increasing the visibility of its Mozambican rubies through a short film. Starring brand ambassador Mila Kunis, the film explores the “mystery and allure of rubies, one of the most precious and revered gemstones in the world.” The two and a half minute video was directed by art photographer Jeff Burton, who captures Gemfields’ rubies as the brand heads in a new

Top 10 luxury brand multichannel marketers of Q2

Dior Secret Garden campaign image featuring Rihanna Experts agree that multichannel campaigns are the future of luxury marketing, and many brands are eagerly embracing this strategy with new efforts that combine digital, mobile and in-store components. Multichannel experiences allow consumers to connect with a brand in a variety of different ways according to whatever is most appealing to them in a particular moment. Brands that successfully incorporate multichannel campaigns have