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Watch out for fakes
Psst, want copy watch?Fake watches have become more sophisticated since shady characters used to sell them in back lanes.They are so good that three men managed to trick seven pawn shops into accepting...
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Lanvin designer Alber Elbaz quits after 14 years, might he go to Dior?
PARIS - Alber Elbaz is to leave Lanvin after 14 years as its creative director, the fashion house said on Wednesday (Oct 28), fuelling rumours that he might take the vacant seat at Christian...
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It's like living in a luxury hotel
Imagine owning a condominium unit on top of a luxury hotel at the heart of Bonifacio Global City. If your maid is on a day off, the hotel's room service attendants can clean your room-with security in...
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Soaking in heritage
IT isn't every day that the boss of a multinational company entertains you at dinner, but that's exactly what happened at the recent launch party of The Gainsborough Bath Spa - the latest addition to...
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Middle Eastern private jet owners are younger and spend more on planes
SINGAPORE - Ultra high net worth (UHNW) private jet owners in the Middle East are younger and spend more on jets than their global counterparts, according to a Wealth X report.The report explained that...
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For sale: A once-in-a-blue-moon diamond
A large blue diamond could fetch US$35 million to US$55 million (S$49m to $77m) at an auction next week, Sotheby's said.Blue diamonds are rare and one that is graded vivid blue, as this one is, of this...
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Record auctions bring sparkle to diamond market
A 12.03-carat blue diamond could fetch a record US$55 million (S$78 million) when it goes under the hammer at Sotheby's auction house in Geneva on Wednesday.The "fancy vivid blue diamond" Blue Moon,...
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China taxi driver turned tycoon streaks across art world
Shanghai - A taxi driver turned financier, Chinese tycoon Liu Yiqian has stunned the art world with his record-setting purchases, the latest a famed Modigliani nude costing more than $170 million."Nu...
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'Blue Moon' diamond sells for record $68.7 million at auction
Geneva - An exceptional 12.03-carat diamond dubbed "Blue Moon" was sold in Geneva for a new world record of 48.6 million Swiss francs (S$68.7 million) on Wednesday, auction house Sotheby's said.The...
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Cash splash: The hotels and resorts Asia's rich love
As the festive season's holiday period nears, some travelers seek solace and seclusion, while others crave something that keeps them close to the action. Asia makes these decisions a little easier,...
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Asian appetite for luxury boosts global art and jewel auctions
BLESSIG, Geneva - They are not in the room rubbing shoulders with traditional wealthy buyers, instead choosing to remain in the shadows, making their multi-million bids by telephone.Asian millionaires...
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Luxury giant Louis Vuitton shuts store in Guangzhou
Louis Vuitton has pulled the plug on one of its two flagship stores in Guangzhou, Guangdong province, as the French fashion house continues to grapple with slow sales in China.Separately, the Financial...
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Study: Rich in Singapore prefer in-store shopping
THE rich in Singapore research luxury items online but prefer to buy from a physical store. They buy for design, quality and exclusivity and plan to travel more next year, although 40 per cent of their...
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China's slowdown felt in sales of Swiss timepieces
GENEVA - The Swiss watch industry has long enjoyed an overwhelming dominance in the global watch market. But weaker demand in China has begun affecting the exports of Swiss-made watches. Following the...
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New smartwatch comes with a secret 'surprise': Tag Heuer CEO
GENEVA - When Jean-Claude Biver, CEO of luxury watch maker Tag Heuer, pulls out the smartwatch the Swiss company will begin selling in November, he makes one thing clear: "We will not compete against...
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