Greece’s state competition watchdog has fined six prominent cosmetics firms, including Estee Lauder, L’Oreal and Christian Dior, some €19 million (SR83.98 million) for distorting competition.
The Hellenic Competition Commission said Wednesday it had found “anti-competitive agreements between wholesalers of luxury cosmetics” aimed at fixing retail prices.
Estee Lauder’s Greek branch was fined €5.4 million, while the subsidiaries of L’Oreal andRead more
UEFA President Aleksander Ceferin has called for greater support from Europe’s political leaders to help introduce measures to regulate the transfer market on the continent.
“I have heard some very prominent politicians, such as the German Chancellor Angela Merkel just a few days ago, condemning financial developments in football and calling for greater sporting balance,” Ceferin said in a speechRead more
John Frieda Salons has announced the opening of a new location on Margaret Street; marking exactly 40 years since the launch of John Frieda’s original salon on New Cavendish Street. John Frieda Margaret Street will set a new salon standard in terms of contemporary luxury. Spread over two floors, the extensive space will offer colour services - headed up byRead more
Tesla chief executive Elon Musk said the Model 3 had over half a million advance reservations as he handed over the first 30 to employee buyers, setting the stage for the biggest test yet of the company’s strategy to become a profitable, mass market electric car maker.
Outside Tesla’s California factory on Friday, Musk showed off the $35,000 (SR131,250) baseRead more
Luxury lakeside homes and high-rise condominiums are coming up fast in China’s sleepy inland town of Bengbu, a clear sign that a home-buying frenzy sweeping across the country’s major metropolises and provincial capitals has reached even its smaller cities.
The increase in demand is welcome news for smaller cities that have a massive overhang of unsold houses left from theRead more
Luxury swimwear and clothing brand Aqualuxe has launched and appointed Belle PR to handle its press and publicity. Specialising in glamorous poolside cover-ups, the range comprises of two debut collections – The Capsule Collection with simple chic designs and The Luxe Collection featuring intricate knitwear. The collections are now available online and prices start at £49.
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Aqualuxe in 'fashionRead more
=Condé Nast International’s upcoming conference in Muscat will add to Oman’s global recognition, according to a top official at the Ministry of Commerce and Industry.
“This is an aspirational conference that brings together the world’s most renowned fashion and luxury brands innovators and leaders. It is an opportunity to showcase our diversity, authenticity and creativity before both global business audiences,Read more
BMW’s M2 took away the bragging rights as the Wheels magazine’s “Car of the Year”, trading on being a performance car that did not subscribe to any of the credentials such models are meant to have.
The M2 won because “It has just the right amount of performance so you can enjoy in the real world without dying or being thrown inRead more
It’s the day before the grand opening of Shaden, a luxury desert camp in Saudi Arabia where air-conditioned tents look out on sandstone cliffs. A princely delegation is on its way. But the place isn’t quite ready.
Peacocks for the garden of the 10,000-riyals-a-night royal suite have not arrived. The cow brought in to provide fresh milk for the cafeRead more
Dubai welcomed a record 14.9 million visitors in 2016, the city’s tourism department said Tuesday, as the Gulf emirate capitalized on its reputed safety in a region wracked by turmoil.
The emirate aims to attract 20 million visitors annually by 2020 when it hosts the global trade fair Expo 2020.
As turmoil hits traditional tourism destinations in the Middle EastRead more