WEALTH

AUTOS

Ferrari Airbag Recall: This One’s Not Takata’s Fault

– In what is quite possibly the most one-percenter-oriented NHTSA recall announcement extant, it has come to light that Ferrari is recalling certain 2015 model-year 458 Italia, 458 Speciale, California T, FF, F12berlinetta, and LaFerrari models over improperly installed Takata-supplied driver’s-side airbags. Notably, the problem is unrelated to the exploding, shrapnel-shooting Takata airbags fitted to roughly 19.4-million recalled U.S.-market vehicles. – – According to Ferrari’s filings with NHTSA, the driver’s-side airbags in the

Ford Developing Fancy Adaptive and “Spotlighting” LED Lamps [w/ Video]

– While the U.S. waits for changes to affect its ancient headlight regulations, it must watch as cool, futuristic tech such as Matrix LED and laser headlights wow the European car market. We’re not the only ones frustrated—the automakers themselves would love to sell Americans high-tech peepers (especially Audi, which uses the ornate lighting as a key component of its styling) and now Ford has joined the fray. The American automaker has revealed that it,

2016 Dodge Viper ACR First Drive: Making the Viper Faster By Making It Slower

-The 2016 Dodge Viper ACR is the fastest Viper around a racetrack—at least that’s what Dodge claims—but a 177-mph top speed makes it the slowest Viper. With the exception of a finned differential for cooling, the ACR’s drivetrain is identical to that found in the rest of the Viper lineup. That means an 8.4-liter V-10 that throbs out 645 horsepower and 600 lb-ft of torque and looks to be about

REAL ESTATE

LUXURY

114K UHNW individuals relocated to UK over past decade

Michael Kors fall/winter 2014 ad campaign NEW YORK – Last year, 15 people per day joined the ranks of ultra-high-net-worth individuals, a trend that is expected to continue with a predicted 34 percent growth this year, according to The Wealth Report 2015. The United States launch of the ninth edition of The Wealth Report from Knight Frank and Douglas Elliman was held at One World Trade Center overlooking New York,

Fortnum & Mason increases beauty space awareness via newsstand push

Fortnum & Mason’s limited-edition Harper’s Bazaar cover British department store Fortnum & Mason is spreading awareness for its new fragrance and beauty space inside its Piccadilly location through a collaboration with Harper’s Bazaar. Found on the second floor of Fortnum & Mason’s flagship has recently undergone renovations and to celebrate its reveal, the retailer was featured in the magazine’s May edition. By forming a partnership with a publication, Fortnum &

Jaeger-LeCoultre celebrates Old Hollywood with photographic exhibit

Anne Bancroft and Dustin Hoffman on the set of The Graduate; photo by Bob Willoughby Swiss watchmaker Jaeger-LeCoultre is taking consumers back in time with an exhibit of photographs taken on the sets of famous films. “The Art of Behind the Scenes,” a collaboration with Finch & Partners, will coincide with the Cannes Film Festival. This enables Jaeger-LeCoultre to highlight its longstanding relationship with cinema, as well as celebrate the

Jaeger-LeCoultre celebrates Old Hollywood with photographic exhibit

Anne Bancroft and Dustin Hoffman on the set of The Graduate; photo by Bob Willoughby Swiss watchmaker Jaeger-LeCoultre is taking consumers back in time with an exhibit of photographs taken on the sets of famous films. “The Art of Behind the Scenes,” a collaboration with Finch & Partners, will coincide with the Cannes Film Festival. This enables Jaeger-LeCoultre to highlight its longstanding relationship with cinema, as well as celebrate the

Luxury retailing is understanding the product experience, not the product itself

IAC says, “gold [has an] abiding emotional power, allure, and enduring value.” NEW YORK – In today’s retail space describing a product as “luxury,” especially for jewelry, no longer has the weight it once had, and must be given more meaning behind its association and significance, according to Unity Marketing’s president during Initiatives in Art and Culture’s Gold: Trends, Techniques and Transparency conference April 9. Consumers are familiar with the traditional display case setup found