Bond is set to step down at the end of March after ten years with the European retailer, which owns discount stores under the Pepco, Poundland, and Dealz brands across the continent. Bond, who is also a former chief of supermarket chain Asda, will remain an adviser to the board until the end of the […]
Elon Musk’s electric vehicle company Tesla said it delivered 308,600 electric vehicles in the fourth quarter of 2021, trumping its previous single-quarter record of 241,300 vehicles delivered in the third quarter of 2021. Throughout the entire year, Tesla delivered 936,172 vehicles, an 87% increase from 2020. According to FactSet, Wall Street analysts had expected Tesla […]
The charging concept, located in Nuremberg, Germany, is part of a pilot programme aimed at making life simpler for EV owners living in urban areas, particularly for those who don’t have access to a supercharger at home. “We want to use it to test flexible and premium-oriented quick-charging infrastructure in urban space,” says Ralph Hollmig, […]
On Thursday, Thailand’s Central Group and Austrian real estate firm Signa Group, which already jointly own several major European department stores, said they had sealed a deal on the Selfridges sale. Selfridges has been owned by the billionaire Weston family for almost two decades after the Canadian wing of the family purchased the luxury department […]
Australian Syrah Resources Ltd will supply Elon Musk’s electric vehicle company with graphite anode material over an initial four-year period, with an option to buy additional volumes subject to further expansion of Syrah’s plant in Vidalia, Louisiana. The Vidalia facility is planned to process graphite from Mozambique to become the first source of graphite anodes […]
According to Boat International’s 2022 Global Order Book, a record 1,024 superyachts are currently in construction or an order, a figure up 25% over the same period a year ago. The heightened demand for superyachts throughout the pandemic has led to many shipyards struggling to keep up. Consequently, many buyers have been told they will […]
The Bitter End resort was established as a family retreat by the Hokin family in 1973 and quickly became an esteemed destination for seafarers. However, following Hurricane Irma, the luxury 64-acre resort was forced to close its doors for four years. The Hokin family used the forced closure as an opportunity to renovate, with the […]
Shelby is set to mark its 60th anniversary by reviving one of its best-loved models, the Ford Mustang GT500KR, with production to be limited to just 180 examples, with an additional 45 set aside for foreign markets. The vehicle will be the third Mustang GT500KR that Shelby has released. The “King of the Road” vehicle […]
According to several media reports, Apple employees were informed of the decision via a memo sent by the company’s chief executive Tim Cook on Wednesday. The memo also noted that each employee, including retail workers, would receive $1,000 to spend on home office equipment, according to NBC News. The memo also encouraged employees to get […]
Alpha Marine has unveiled a giant 318-foot expedition yacht concept — Future — which was drawn up by the Greek yacht design and naval architecture company to appeal to a new generation of adventurous seafarers. Future is praised for its ability to explore “any place on earth” from the Mediterranean to Antarctica. The yacht is […]
Over the weekend, Phillips brought in $35.9 million as its annual New York sale sold 100% by lot and value and set a new record for the highest-value watch auction in US history. According to the New York auction house, the $35.9 million figure brings the annual total for Phillips in Association with Bacs & […]
In a statement, Chanel said that French billionaire Alain Wertheimer, who owns Chanel with his brother Gerard Wertheimer, would take on the role of global executive chairman. Nair, 52, has 30 years of experience at Unilever. She has served as the global consumer goods company’s first female, first Asian, and youngest ever Chief Human Resources […]
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