WEALTH

AUTOS

2016 Bentley Mulsanne Speed Tested: We Go Camping with a $400,000 Mega-Sedan

-Lest you leap to the conclusion that we’ve gone soft, joining up with some sort of New Gilded Age glamping caravan, understand that taking the 2016 Bentley Mulsanne Speed camping was in no way premeditated. A site had been reserved at Silver Lake State Park long before this Sopwith Camel–hued limo arrived at Eisenhower Place. It was actually the flat, lacquer look of the green paint (a $5715 option that

2016 Bentley Mulsanne Speed Tested: We Go Camping with a $400,000 Mega-Sedan

-Lest you leap to the conclusion that we’ve gone soft, joining up with some sort of New Gilded Age glamping caravan, understand that taking the 2016 Bentley Mulsanne Speed camping was in no way premeditated. A site had been reserved at Silver Lake State Park long before this Sopwith Camel–hued limo arrived at Eisenhower Place. It was actually the flat, lacquer look of the green paint (a $5715 option that

Round Up: 10 Things You Didn’t Know About Tires

– Beyond their obvious round and black traits, tires are paragons of mystery. Over the years, we’ve helped you decode the secrets with stories on how to read a sidewall, how to make your tires last longer, and how to know if your vehicle rides on manufacturer-specific rubber. We’ve conducted tire comparison tests and sliced open tires to explain what’s inside. But tires evolve as quickly as cars do, so

REAL ESTATE

Cash Buyers No Longer Overcrowding the Housing Market

Filed under: Buying, Financing, Investing Alex Kalina/Getty Images By Bob Sullivan In many parts of the country, housing prices gave returned to pre-recession levels. That’s good news for sellers, bad news for buyers. But buried within the latest housing data is some good news for everyone — everyone on Main Street, anyway. All-cash buyers seem to be finally retreating. The percent of homes purchased by all-cash buyers in May was

As Cuba opens, developers tee up to build golf courses

By Marc Frank HAVANA (Reuters) – A British real estate developer plans to break ground early next year on Communist-run Cuba’s first luxury golf resort, a $500 million project that would be the largest private foreign investment on the island since the fall of the Soviet Union. With relations improving between the United States and Cuba, tourism and real estate are seen by many businesses as the most interesting investments,

Tencent deal throws spotlight on Hong Kong backdoor listings

By Denny Thomas and Michelle Price HONG KONG (Reuters) – A heavily discounted purchase of a loss-making solar-panel maker last week has cast a spotlight on the Chinese takeovers of so-called listed shell companies in Hong Kong, which may be used to sidestep the bourse’s rigorous listing process. China’s No.1 social network and online media company Tencent Holdings Ltd and developer Evergrande Real Estate Group joined forces to purchase Mascotte

Tencent deal throws spotlight on Hong Kong backdoor listings

By Denny Thomas and Michelle Price HONG KONG (Reuters) – A heavily discounted purchase of a loss-making solar-panel maker last week has cast a spotlight on the Chinese takeovers of so-called listed shell companies in Hong Kong, which may be used to sidestep the bourse’s rigorous listing process. China’s No.1 social network and online media company Tencent Holdings Ltd and developer Evergrande Real Estate Group joined forces to purchase Mascotte

Dennis Miller Sells Beach House for $3.5 Million Below List

Filed under: Buying, Celebrity Homes, Selling Riskin Associates via ZillowThe house features 6,000 feet in a beautiful cottage-style white but the real selling point is the 63 feet of beachfront. By Melissa Allison UPDATE: Comedian Dennis Miller and his wife sold their oceanside California mansion south of Santa Barbara for $19 million — $3.5 million less than they were asking for the stylish estate. ORIGINAL POST 1/4/2015: The beach retreat

LUXURY

Instagram advertising shows strong potential for luxury brands: L2

#NYFW has more than 1 million mentions on Instagram Since advertising was first introduced on Instagram in November 2013, the social platform has shown an immense amount of growth and effectiveness that can easily be harvested by brands for their own advantage, according to a report by L2. While Instagram itself originally expressed hesitation about embracing advertising, over the past two years the platform has introduced a variety of advertising methods

Evolving retail expectations require enhanced experiences in-store: report

LVMH retail associates The luxury retail environment is undergoing critical changes, making it is essential for retailers to focus their attention on enhancing the in-store experience, according to a new report by Unity Marketing. Affluent consumers increasingly prefer to shop online, and for traditional retailers to compete they will need to offer more specialized and personalized retail experiences. Furthermore, as affluents have been shown to have less interest in the accumulation of

Four Seasons celebrates Social Media Day with multiplatform tour

Photo from Four Seasons’ scavenger hunt Four Seasons Hotels & Resorts is exploring the varied ways it uses social media with a scavenger hunt across platforms and accounts. For Social Media Day July 1, the brand posted clues, sending consumers to different accounts via links to see what its hotels were up to for the day. This may spur consumers to follow the brand on more platforms and look at

Elie Saab selects Madison Avenue for first US boutique

Look from Elie Saab resort 2016 collection Couture house Elie Saab is opening its first United States boutique on New York’s Madison Avenue. According to the New York Post, the brand has inked a lease for 860 Madison Avenue after searching for real estate on the street for more than a year. While its ready-to-wear designs are carried at New York retailers such as Bergdorf Goodman and Saks Fifth Avenue, having

Donna Karan exits namesake label to prioritize lifestyle business

Donna Karan Donna Karan has stepped down from her chief designer position at her eponymous Donna Karan International brand, part of LVMH. Ms. Karan, who will remain in an advisory role at the company, made the decision after “soul-searching” with LVMH, a choice that enables her to focus more on her Urban Zen business. For now, the Donna Karan Collection line will suspend operations, and the company’s employees will shift