Morocco is attracting the luxury investor November 25, 2010 IT’s hot, it’s exotic and beautiful. No wonder Morocco, long on the traveller’s radar, is rapidly becoming the place that the beautiful people are going to buy their second homes. Says Alistair Emery, CEO of developer Ajensa, which is nearing completion of the Baglioni resort near Marrakech: “In the last few years as people have [...]
Vegging with M. Ducasse November 24, 2010 THE legendary chef settles into his plush chair in the Dorchester’s tea salon with his iPad tucked under his arm and some tissanes before him. He looks the picture of scary Gallic grandeur in his chef whites, his little round glasses perched on his nose, his mouth pursed. A pleasant feeling, then, knowing that we [...]
M&B boosts its profits but holds dividend November 23, 2010 PUB and restaurant group Mitchells & Butlers boosted full-year pre-tax profits by 26 per cent to £169m, but a £300m property write-off pushed it to a pre-tax loss, it reported yesterday. The owner of bar brands such as All Bar One, O’Neill’s, and Harvester saw 1.1 per cent revenue growth to £1.98bn over the year, [...]
SKI NOTES November 21, 2010 Courchevel’s new retreat Courchevel addicts (with extra cash) rejoice: a fabulous new opening in 1850 is setting tongues aflutter. Le Strato has just 25 bedrooms, an 800sq m spa by Nuxe, a gastro restaurant with a famous French starred chef – and, wait for it, a a champagne bar in the ski room. Open from [...]
FOCUS ON: HERTFORD November 18, 2010 VILLIERS STREET Price: £599,995 This four-bedroom townhouse is close to the town centre and it has been refurbished. Period features such as sash windows and fireplaces have been kept. There is a back garden. Contact: Hetheringtons on 01992 440000, hetheringtons.co.uk REVELLS HALL Price: £2.75m This Grade II-listed 16th century house has panoramic views across Ware [...]
Glamour is going west for the winter November 17, 2010 FOLLOWING the slew of recent East London launches, attention is shifting to the West where things are hotting up. After the summer additions of the Brompton Club and Beaufort House, the most exciting new club for some time is heading to Chelsea in the shape of Guy Pelly’s new offering, Public on the King’s Road. [...]
The food entrepreneur who’s hitting the MARC November 16, 2010 MARLON Abela fits the international It-Boy bill perfectly. Born in Lebanon, he grew up among the rich and famous of London and the south of France, raised by a father who owned one of the world’s top institutional and airline catering businesses and a slew of four and five star hotels. Recently valued at £400m, [...]
RUBENS AND CHARLES I WATCH LUXURY GONGS November 15, 2010 THE great and good of the British luxury brands industry gathered for one of the biggest events of the year last night, as its lobbying group, Walpole, held its annual awards. In Whitehall’s Banqueting Hall, under the glow of a delicately lit ceiling of Rubens masterpieces and near the site where King Charles I was [...]
Majestic sees its wine sales flow faster November 15, 2010 MAJESTIC Wine said yesterday its half-year profits had jumped by a fifth as it said it continued to benefit from slashing its minimum order from 12 bottles to six. Reduced competition on High Street sales had a positive impact after the First Quench group – whose brands included Threshers – plunged into administration. Majestic made [...]
The man who is set to bring more luxury to London’s five-star hotels November 14, 2010 LONDON’S five-star hotel market is set to take off over the next six months and a septuagenarian Maltese businessman called Alfred Pisani will be at the heart of the glamorous action. His £300m luxury Corinthia Hotel London, on Whitehall Place, is being completed and will take its first paying guests in April 2011. It is [...]