Shares in Italian luxury label Salvatore Ferragamo surged on Friday, after the company reported strong earnings that defied worries about China, but the CEO warned the market still remains volatile. Ferragamo stock was up 7.3 percent by mid-morning, after the brand reported earnings before interest, tax, depreciation and amortization (EBITDA) of 143 million euros ($188.5 million) in the first half of the year, up 9 percent against the same period last year.
Remember when Audi was the quirky choice of German luxury brands? After rebounding from a near-total collapse of U.S. sales in the late-1980s, the Ingolstadt-based automaker rebuilt its image on a blend of clever engineering, elegant exterior design and, compared to its nearest rivals, a good deal of value, too.
While other people are already happy and satisfied after a slice of pizza, a bar of chocolate, or a bowl of pasta, other people are more into gourmet food – Beluga caviar, foie gras, saffron spice, white truffle, pufferfish, among others. These foods are considered luxurious because of their rarity, the difficulty in their cultivating process, the skills needed for their preparation, and, of course, because of their exorbitant prices.
As summer comes to a close and cooler nights begin to emerge, many of you may be turning your thoughts to Winter and Spring travel. If you’re ready to plan a vacation, but are feeling overwhelmed at the prospect of planning something memorable, a river cruise offers the perfect solution. Here are seven reasons you should book a luxury river cruise today:
Though electric cars represent less than 1% of all new car sales today, in 15 years the market could look decidedly different, especially among luxury automakers. Audi says that by 2030, 40% of all new luxury cars will be electric vehicles, reports the Sydney Morning Herald.