– At a swanky Manhattan event space, Lincoln Motor Company held a press event to discuss one of the innovations it’s most proud of in the strikingly handsome and headed-for-production Lincoln Continental concept. But we weren’t there to talk about engines or gawk at the suspension or raise an eyebrow at chassis-rigidity specs. No, we were there to hear all about the Continental’s absurdly luxurious seats, which adjust thirty different ways. – “Feeling refreshed
– See that Passat up there, the one with the milquetoast styling? It’s about to get a refresh that may go a long way toward snazzifying its aesthetics inside and out, going somewhat beyond the typical spit-and-polish most vehicles receive when they reach their half-lives. – When the 2016 Volkswagen Passat goes on sale this fall, Volkswagen promises new exterior lighting and wheel options, sure, but also new sheetmetal—and it’s likely the car
– See that Passat up there, the one with the milquetoast styling? It’s about to get a refresh that may go a long way toward snazzifying its aesthetics inside and out, going somewhat beyond the typical spit-and-polish most vehicles receive when they reach their half-lives. – When the 2016 Volkswagen Passat goes on sale this fall, Volkswagen promises new exterior lighting and wheel options, sure, but also new sheetmetal—and it’s likely the car
Want your tidy Audi hatchback in plug-in hybrid form? That’ll be $38,825, before adding any options, or knocking off any tax credits.The plug-in variant of the A3 hatch combines a turbocharged 1.4-liter inline-four producing 150 horses and 184 ft-lb of torque with a 102-hp electric motor. A maximum of 204 horses and 258 ft-lb is sent to the front wheels through a dual-clutch six-speed automatic transmission. EPA figures haven’t been released
Want your tidy Audi hatchback in plug-in hybrid form? That’ll be $38,825, before adding any options, or knocking off any tax credits.The plug-in variant of the A3 hatch combines a turbocharged 1.4-liter inline-four producing 150 horses and 184 ft-lb of torque with a 102-hp electric motor. A maximum of 204 horses and 258 ft-lb is sent to the front wheels through a dual-clutch six-speed automatic transmission. EPA figures haven’t been released
WASHINGTON (AP) — U.S. builders broke ground on fewer homes in May, but the pace of construction remains significantly higher than a year ago as the real estate sector increasingly reflects the stronger job market.
By Allison Lampert and John Tilak MONTREAL, TORONTO (Reuters) – Sun Life Financial said Monday it is acquiring North American real estate investment manager Bentall Kennedy Group for C$560 million, as part of the financial services group’s larger strategy to expand its capabilities in commercial property. Through the deal, Bentall Kennedy, which provides property management, real estate investment and leasing services in Canada and the United States, will become a
By Matthias Inverardi DUESSELDORF, Germany (Reuters) – Hudson’s Bay Co is buying Germany’s leading department store chain, Kaufhof, from Metro for 2.8 billion euros ($3.2 billion), giving the Saks owner a launch pad to expand into Europe. The deal, the largest German inbound M&A this year, comes as department stores start to enjoy a revival by investing in ecommerce in tandem with revamped flagship stores. Hudson’s Bay, whose shares rose
By Andrea Hopkins TORONTO (Reuters) – Sales of existing homes in Canada rose to the highest level in more than five years in May, the fourth consecutive month of gains, the Canadian Real Estate Association said on Monday. The industry group for Canadian real estate agents said sales were up 3.1 percent from April. CREA’s home price index rose 5.17 percent from May 2014.
German retail and distribution giant Metro said Monday it has agreed to sell its Kaufhof department store chain to Canadian group Hudson’s Bay for 2.825 billion euros ($3.2 billion). “Today, Metro signed an agreement with Hudson’s Bay Company to sell Galeria Kaufhof which includes the operational department store business both in Germany (Galeria Kaufhof) and Belgium (Galeria Inno) as well as the corresponding real estate portfolio,” the German company said
Kenzo’s video campaign for Flower by Kenzo Parisian fashion label Kenzo is taking consumers around the world in five short videos with the latest campaign for its Flower by Kenzo fragrance. Kenzo released the first installment of the five part video series, focusing on the city of Paris. Expanding its campaign to include major cities around the world will help Kenzo appeal to a wide range of international consumers. “By
Still from Caruso’s “The Good Italian” Italian menswear label Caruso is promoting the elevated lifestyle that goes along with its tailored apparel in a “commercial masked as an art-house film.” “The Good Italian,” released to coincide with Caruso’s first foray into ecommerce, tells the story of two tourists who stumble upon a grand mansion in the Italian countryside and the prince who lives within. This narrative enables Caruso to showcase
Nyhavn in Copenhagen New York, Paris, London, Milan, Hong Kong and Tokyo typically steal the attention of luxury consumers, but after a recent trip throughout several European cities, the presence of luxury brands is evident throughout most, but scarce in others as a result of geopolitical issues. I had the opportunity to spend the past two weeks traveling through Denmark, the Netherlands, Austria, the Czech Republic, Sweden, Lithuania and Iceland. While
Inside a Mercedes GLC German automaker Mercedes-Benz is looking across many social media channels for the release of its new GLC model. Facebook, Instagram, Twitter and Periscope all helped in the release of the new SUV June 17. The multi-platform campaign created a personal experience through the live-streaming of the reveal and the consistent images released on Instagram and Facebook throughout the event. “The benefits of focusing on a few mediums
LuxDeco uses consumer interests to deliver relevant communications The luxury furniture market is projected to experience a compound annual growth rate of 4.1 percent for the next five years, reaching $27.01 billion by 2020, according to a new report by Allied Market Research. While Europe is the largest market for high-end home furnishings, the Asia Pacific region is expected to see the most growth, due to higher disposable incomes that
