– Only just refreshed last year, Volkswagen’s Touareg crossover is being given a few minor equipment tweaks for 2016. More important, those changes accompany a hefty, roughly $2000 price reduction across the Touareg’s lineup. With a new base price of $42,705—$2090 less than before—the Touareg still isn’t the bargain hunter’s choice among mid-size two-row SUVs with a luxurious bent (we’re looking’ at you, Jeep Grand Cherokee, Nissan Murano, and Ford Edge), but
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CAIRO (Reuters) – Egypt’s housing ministry signed a construction deal worth about 35 billion Egyptian pounds ($4.6 billion) with Egyptian real estate developer Arabia Group, a statement from the Cabinet said on Tuesday. Initial agreement for the project in the eastern Cairo suburb of 6th of October City was made at a March investment summit in Egypt where billions of dollars of deals and pledges were signed. ($1 = 7.6250
Filed under: Buying, Lifestyle, Selling ZillowThis six-bedroom home in the Buckhead area of Atlanta listed for $995,000 and has 5,300 square feet of living space. By Sharona Ott Television shows like “Million Dollar Listing” display some of the hottest listings in Los Angeles and New York, but what will a cool million buy around the rest of the country? Plenty of noteworthy million-dollar homes for sale can be found outside
Australian Treasurer Joe Hockey on Tuesday widened a probe into the illegal buying of residential property by foreigners, with almost 200 sales being investigated for breaching investment rules. Prices of residential real estate in some of Australia’s biggest cities, such as Sydney and Melbourne, have soared in recent years, with concerns growing that cashed-up foreigners, particularly from China, have helped inflate the market. “The Australian Taxation Office is using all
In an unusual hearing before a standing room-only audience, trial lawyers for the U.S. Securities and Exchange Commission sought to convince the regulator’s commissioners of the legality of SEC administrative proceedings. The case involved Timbervest LLC, which was seeking to overturn an August decision by SEC Administrative Law Judge Cameron Elliot finding the Georgia-based investment firm and top executives liable for fraud for having failed to disclose conflicts of interest
The company expects its plan to spin off 235 Sears and Kmart stores into a real estate investment trust to be approved by the Securities and Exchange Commission this week, paving the way for a rights offering to sell shares in the REIT to existing shareholders on Friday. Sears said some of the decline was expected as it shrinks operations.
Cowboy hats crafted for charity event Department store chain Holt Renfrew is twisting the Wild West look with a cowboy hat initiative to celebrate the 103rd annual Calgary Stampede. The event celebrates Western heritage and culture while raising funds for local charities. The light-hearted event not only allows Holt Renfrew to team with several designers to create cowboy hats, but also join in on a revered cultural event. Hoedown timeHolt Renfrew
Kenzo Time app LVMH-owned Kenzo is giving fans a branded browsing experience with a new Google Chrome extension that showcases its Tiger watch collection. Kenzo Time shows consumers an animated depiction of the time and weather in their location when they open new tabs. This free installation reaches brand enthusiasts at all price points, enabling the label to be a part of their daily lives. Watching the weather Kenzo Time
Image courtesy of Michael Kors Creative agency Martini Media is furthering its approach of reaching an affluent audience online with its acquisition by digital publisher Evolve Media. Under the new agreement, Martini will remain under the same leadership and will function much the same, but the agency will have access to the publishing company’s technology and resources. Combining both company’s expertise will enable them to create valuable custom advertising catered
Hermès spring/summer 2015 campaign; Hermès is one of the majority of brands missing out on the Brazilian market online The top 50 luxury brands are only selling online to 45 percent of the leading markets, missing out on both key established and emerging areas, according to a new report from Trustev. Less than half of the brands have online stores for the BRIC nations, and 21 of the brands studied
View of Hong Kong Hong Kong Tatler is catering to its digitally savvy readers with the release of an updated Web site. Hong Kong Tatler’s Web site currently draws over 300,000 unique users per month, and the revamped version will likely attract even more. In today’s increasingly digital-centric world it is essential for luxury publications to offer equally strong online and print experiences. New and improved At the top of the
