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Luxury

  • Lamborghini Temerario has a 920hp V8 and revs to 10,000rpm

    August 20, 2024

    Lamborghini has used Monterey Car Week to reveal its replacement for the Huracan – and bid farewell to the naturally aspirated V10 engine. The Lamborghini Temerario becomes the Italian marque’s new ‘junior’ supercar, slotting into the range beneath the V12 Revuelto. As per long-standing Lamborghini tradition, the Temerario is named in honour of a famous fighting [...]

  • The Gleneagles Hotel owner significantly cuts loss after ‘strong year’ for Ryder Cup host

    August 20, 2024

    The company behind The Gleneagles Hotel in Scotland significantly cut its pre-tax loss during its latest financial year, it has been revealed. The business, which also includes the likes of Maison Estelle and Gleneagles Townhouse, has reported a pre-tax loss of £3.7m for the 12 months to March 31, 2024, according to newly-filed accounts with [...]

  • Bremont slumps further into the red despite Bill Ackman investment in luxury watch brand

    August 12, 2024

    British luxury watch brand Bremont slumped to a loss of more than £14m in the year American billionaire hedge fund manager Bill Ackman became a minority investor, it has been revealed. The Oxfordshire-based business has reported a pre-tax loss of £14.3m for the year to June 30, 2023, according to newly-filed accounts. The results, which [...]

  • Can the poshest wellness retreat in Thailand cure me?

    August 10, 2024

    Thailand has kind people and a vast history of traditional wellness. But can it cure a tired Millennial? Adam Bloodworth finds out A textbook Bangkok afternoon: the sun is doing its darnedest to incinerate anyone who dares go outside, but luckily I’m indoors, laying in a bath with a towel covering my modesty. Chernkwan, a [...]

  • Big winners at the WineGB Awards, from Chapel Down to Langham

    August 8, 2024

    As a patriotic wine lover there are few afternoons more exciting and uplifting than the WineGB Awards. We are smashing it when it comes to creating world class bottles and this year was remarkable for the British regions producing exceptional at award-winning levels. Wines from no less than 13 countries won trophies this year, with [...]

  • Orient Express and Royal Scotsman owner Belmond still in the red despite sales rise

    August 6, 2024

    The UK arm of the company that runs the Venice Simplon-Orient Express increased its sales but saw its pre-tax loss widen during 2023, it has been revealed.

  • Firmdale: Record year for luxury London and New York hotel group amid expansion plans

    August 5, 2024

    Turnover at the group behind luxury hotels in London and New York edged to almost £200m during its latest financial year, it has been revealed.

  • Richard Mille: Luxury watch brand hands out huge pay day as sales success eyed

    August 5, 2024

    Luxury Swiss watch brand Richard Mille has issued a huge dividend and hinted that 2024 will be another year of sales success.

  • Prada hails ‘outstanding’ UK sales amid luxury struggles

    August 5, 2024

    The UK arm of Prada has hailed its "excellent" and "outstanding" performance despite the wider slowdown in luxury sales.

  • Ritz Paris: Profit slashed despite US popularity at Al-Fayed-owned luxury hotel

    August 5, 2024

    Ritz Paris, the luxury hotel owned by the Al-Fayed family, saw its profit slashed during 2023 despite sales jumping thanks to its continuing popularity among US visitors.

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