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The Latest Breaking News from Luxury

Morning Mail: Biden quits US election race, luxury ute tax loophole exposed, Piastri takes first F1 win

US president endorses Kamala Harris to lead Democratic ticket just four months before November election

The Guardian - AU

Tax breaks on 'big, dumb' utes cost the public $250m

Big American-style utes are dudding Australian taxpayers more than $250 million in lost tax due to an exemption that a think tank says is distorting the field.

AAP

Luxury ute tax loophole costs Australians $250m a year, researchers say

The Australia Institute says tax exemption on ‘commercial vehicles’ with no testing requirement is incentivising people to buy utes instead of EVs

The Guardian - AU

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Tesla Is Still King In California. But Other EVs Are Moving In Fast

In Q2 2024, some 116,306 new plug-in cars were registered in California, 1.3% less than a year ago. Rechargeable cars accounted to 25.2% of the total market.

InsideEVs

Beautyrest Harmony Lux vs Cloverlane Hybrid: Which luxury mattress should you buy?

How to pick between the Beautyrest Harmony Lux vs Cloverlane Hybrid, this year's best Saatva Classic mattress rivals.

Tom’s Guide

Jacksonville Jaguars Sue Ex-Employee For Million Theft

Jacksonville Jaguars take legal action against ex-employee who embezzled million for gambling and luxury items, seeking million in damages.

Top News

3 Luxury Brand Stocks for High-End Investors

The luxury goods industry is poised for growth due to increasing disposable income, convenient shopping and payment options, and strong demand for exclusivity. Therefore, high-end investors could consider buying fundamentally strong luxury stocks Burlington Stores (BURL), Burberry Group (BURBY), and Gap (GPS). Keep reading.

StockNews.com

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I drove a Genesis GV60 for a week — here's the pros and cons of this EV

After test driving the Genesis GV60 Performance AWD for a week, it feels like you're playing an arcade racer because of its intense performance and instant boost button.

Tom’s Guide

Serenity reigns at Porto Ercole’s La Roqqa hotel

Studio Palomba Serafini has designed La Roqqa, a new hotel in Italy’s Porto Ercole, with retro nods, Tuscan flair and contemporary luxury

Wallpaper

French police officer stabbed in Paris as attacker 'neutralised' outside luxury store

The officer was stabbed on the Champs-Elysees on Thursday just over a week before the Olympics start in France

Evening Standard

Almost Every BMW, Audi And Mercedes EV Is Leased

Because of a quirk of the federal tax credit, almost no one purchases a German luxury EV. For two brands, over 90% of new-car transactions are leases, not purchases.

InsideEVs

Jaguar I-Pace: An EV Pioneer Dies With A Whimper

Jaguar Land Rover announced this month that its luxury Jaguar brand will cut five out of six models from its lineup, including the all-electric I-Pace model.

InsideEVs

Award-winning firm set to open first luxury hotel in Scottish city

AN AWARD-WINNING hotel chain is set to open its first Scottish hotel in Edinburgh later this year ...

The National (Scotland)

Man jailed over $150K of ice hidden in luxury car

Drug dealer Mark Capati's fingerprints were found on the bags.

Newcastle Herald

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iMore

These luxury headphones have a combined saving of $370 — and personally, I'd buy both

Bang & Olufsen makes some truly spectacular audio gear, and now some of its top products are reduced over Prime Day.

InsideEVs

2024 BMW i5 Touring M60 Review: A Practical Electric Superwagon

Manufacturers have all but given up offering wagons in the US, but the i5 Touring is good enough to make you reconsider buying that new electric SUV.

The National (Scotland)

Billionaire plans to turn former Scottish city centre Debenhams into luxury hotel

A FORMER Debenhams department store in Edinburgh city centre looks set to become a luxury hotel under a billionaire’s “ambitious” plans ...

The Independent UK

Former CIA official charged with being secret agent for South Korea

Sue Mi Terry is accused of accepting luxury goods and expensive dinners at sushi restaurants in exchange for advocating South Korean government positions

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news in one place.

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International Business Times

Richemont: Luxury Group In Sights Of LVMH'S Arnault?

The Swiss luxury group Richemont, which owns Cartier and other jewellery brands, is regularly the subject of takeover rumours which its founder, the South African billionaire Johann Rupert, always dismisses.

International Business Times

One Of Thailand Hotel Dead Likely Behind Poisonings, Say Police

One of the six foreigners found dead from suspected cyanide poisoning in a luxury Bangkok hotel likely also carried out the crime, Thai police said on Wednesday.

International Business Times

One Of Bangkok Hotel Dead Likely Behind Poisonings: Police

One of the six foreigners found dead from suspected cyanide poisoning in a luxury Bangkok hotel likely also carried out the crime, Thai police said on Wednesday.

France 24

Cyanide traces found in cups of Bangkok hotel victims, Thai police say

The teacups of six tourists found dead in a luxury Bangkok hotel contained traces of cyanide, said Thailand’s police chief on Wednesday. The suspected motive of the poisoning appeared to be a financial dispute, said investigators, allaying terrorism fears in the popular southeast Asian tourist destination.

International Business Times

Fake Luxuries Supplant Tradition In Istanbul's Grand Bazaar

Cut-price branded perfumes and fake high-end handbags line the ornate alleys of Istanbul's Grand Bazaar, with traditional merchants saying the luxury counterfeits are stripping the marketplace of its character.

The Independent UK

Thai police say traces of cyanide discovered alongside 6 victims found dead in a Bangkok hotel room

The chief of the Thai police forensic division said Wednesday that police have found traces of cyanide in the coffees of six people found dead in a central Bangkok luxury hotel

International Business Times

Hermes V Hermes: Turkey Bookshop Marks Win In Copyright Fight

A bookseller in Turkey notched a victory over a French luxury house in a copyright battle to be able to call itself Hermes, the shop's lawyer said Tuesday, hailing an infrequent win against a major brand.

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