– The 2015 Volkswagen Tiguan started at $27,420. Study the compact-crossover segment for even a moment, and it’s clear that the VW’s price is way, way out of step with what Honda charges for a bare CR-V, or Ford asks for a basic Escape. Even taking into account the Tiguan’s premium bend, it’s just a bit too dear to fully compete with the segment heavyweights. This isn’t a new issue,
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-We aren’t sure why Audi thinks its 520-hp S8 supersedan is catching enough sand to the face to warrant an even more powerful Plus model, but it went ahead and created such a variant anyway. Indeed, despite being down 57 horsepower on the Mercedes-Benz S63 AMG and 15 horsepower shy of the V-12–powered BMW 760Li, the standard S8 has them all smoked to 60 mph, hitting that speed in 3.6 seconds
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– The 2015 Volkswagen Tiguan started at $27,420. Study the compact-crossover segment for even a moment, and it’s clear that the VW’s price is way, way out of step with what Honda charges for a bare CR-V, or Ford asks for a basic Escape. Even taking into account the Tiguan’s premium bend, it’s just a bit too dear to fully compete with the segment heavyweights. This isn’t a new issue,
Canadian fast-casual restaurant operator Freshii is planning to announce within the next two months a tie-up with a large U.S.-based retailer to open its eateries inside the retailer’s stores. The retailer has a “very sizeable real estate footprint and access to thousands of customers coming in everyday,” Freshii Chief Executive Matthew Corrin said, but declined to provide details. Corrin drew eyeballs last month with an open letter to McDonald’s Corp
Filed under: Buying, Financing, Refinancing ZillowThe weekly mortgage rate chart illustrates the average 30-year fixed interest rate in six-hour intervals. By Lauren Braun Mortgage rates for 30-year fixed loans fell this week, with the current rate borrowers were quoted on Zillow Mortgages at 3.78 percent, down 1 basis point from the same time last week. The 30-year fixed mortgage rate hovered around 3.74 percent for most of the week before
Filed under: Economy, Investing Anthony Rosenberg/GettyReal Estate Investment Trusts are a way to invest in real estate without having a mortgage or managing property. By Kira Brecht Concerns about the potential impact of higher interest rates have sent real estate investment trusts on a roller coaster ride this year, after chalking up double-digit gains in 2014. Despite their recent fickle behavior, however, this asset class belongs in the diversified portfolios
Several hedge funds have asked U.S. department store company Macy’s Inc to consider options for its real estate, including selling some major sites and then leasing them back, according to several sources close to the matter. The push is in line with real estate decisions by some other major retailers that have been beneficial to their stock prices. Hudson’s Bay Co , the parent of Lord and Taylor and Saks
Filed under: Celebrity Homes ZillowThe four-bedroom, four-bath home has panoramic ocean and mountain views, plus 11 acres of hilltop privacy. By Melissa Allison The Jenner formerly known as Bruce — now Caitlyn — has taken a page from her daughters and bought her own Southern California pad. AFP/Getty ImagesJenner posed for Annie Leibovitz and cover of Vanity Fair. The former Olympian — and former spouse to Kardashian matriarch Kris —
Krug’s Krug & Chips LVMH-owned Krug is showing that its Champagne can even pair with traditional fish and chips at a London pop-up snack shop July 8-12. For the “Krug & Chips” pop-up restaurant, Krug has partnered with Michelin starred Chef Tom Sellers, which in itself will likely be a draw among London’s foodies. The Champagne house often works with popular eateries and well-known chefs to put on interactive tastings
Value Retail promotional image Retailers must adapt to changing consumer preferences by adopting real-time retail strategies that deliver a more personalized shopping experience, according to a special report by Boston Retail Partners. Real-time strategies that use the latest technology to target the consumer and appeal to her unique taste will help retailers be more successful. Ultimately, the goal of these real-time strategies should be to establish an enjoyable multichannel experience
La Nuit de la Glisse subject in action Swiss watchmaker Tag Heuer is celebrating extreme sports by supporting a special edition of the documentary film series La Nuit de la Glisse. The film, themed around the brand’s tagline #Don’tCrackUnderPressure, will screen in movie theaters across Europe Dec. 10-13. Partnering with filmmaker Thierry Donard as he captures athletes in action will reinforce Tag Heuer’s association with demanding sports and the discipline
Moschino fall/winter 2015 ad campaign image featuring Katy Perry Italian fashion label Moschino is taking its relationship with brand friend Katy Perry to a new level, casting the pop star in its fall/winter 2015 advertising campaign. The singer, who is a close friend of the house’s creative director Jeremy Scott, has frequently worn Moschino for both performances, red carpet appearances and regular life, making the partnership a natural fit. Leveraging
Instagram image from Yoox MONTE-CARLO, Monaco – The merger between Yoox and Net-A-Porter brings together each of the online retailers’ strengths, which will enable them to better serve customers, according to Yoox’s founder at the FT Business of Luxury Summit June 9. This new venture brings together two peer entrepreneurs who took different paths toward the same goal, and therefore bring different assets to the table, creating a balanced business.
