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January 29, 2009

To some, it may sound like an odd pairing. Owner of the family-controlled Marriott hotel chain Bill Marriott is jumping into bed with king of the hipper than thou boutique hotel Ian Schrager.

To some, it may sound like an odd pairing. Owner of the family-controlled Marriott hotel chain Bill Marriott is jumping into bed with king of the hipper than thou boutique hotel Ian Schrager. Their new $2.8 billion joint venture, recently named Editions, is a chain of fashionable, affordable hotels which promises not to look like a chain and has made a commitment to environmental responsibility.

January 28, 2009

Members of the Porsche and Piëch families gathered in Stuttgart on Wednesday to celebrate the opening of the new Porsche museum.

Members of the Porsche and Piëch families gathered in Stuttgart on Wednesday to celebrate the opening of the new Porsche museum.

It will open to the public on 31st January, and has been called anything from Porsche’s new business card to a cathedral celebrating the iconic luxury sports car brand.

Designed by Roman Delugan it is entirely white in colour and has an exhibition area that appears to hover in space. Inside, 80 historic vehicles and more than 200 carefully arranged small exhibits from the company’s past are displayed over 5,600 square meters.

January 5, 2009

Waterford Wedgwood, the luxury lifestyle group controlled by Sir Anthony O’Reilly and family, has called in receivers and requested that its stock be suspended from trading.

Waterford Wedgwood, the luxury lifestyle group controlled by Sir Anthony O'Reilly and family, has called in receivers and requested that its stock be suspended from trading.

The board of directors has been looking to recapitalise the business for some time as it has struggled to pay back its debts. However, following the expiration and non-renewal of the forbearance period, some of the group's companies have now been placed into receivership or will shortly be placed into administration.

November 17, 2008

Family-owned clothing company Brioni is looking at the possibility of outside investment as the credit crunch hits the luxury retail sector.

Family-owned clothing company Brioni is looking at the possibility of outside investment as the credit crunch hits the luxury retail sector.

It is being reported that the Italian company, famous for kitting out James Bond, has appointed BNP Paribas to advise it on an expansion plan, which includes putting a 20–25% stake up for sale.

"This is a family company. We need to think about the future and ways to develop the brand," Antonella De Simone, Brioni's co-chief executive officer and descendent of one of the founders, was quoted as saying.

November 1, 2008

Bill Fischer promises to get his famous clients whatever they want, whenever they want it. Margie Goldsmith meets the man who refuses to take “no” for an answer ...

It's two days before Christmas and you'd kill to spend the holiday in the trendiest hotel in St Barts, but it's been sold out for over a year. You're in Manhattan, salivating to have dinner at a hip Union Square Café, but it's booked solid for the next two months. You forgot all about your anniversary, and you'd do anything to charter a private yacht on one week's notice, but nothing's available.

November 1, 2008

Amit Bhatia is one of a growing number who are investing in their own sports team. However, Lakshmi Mittal’s son-in-law explains why it’s not about money to Marc Smith

While many wealthy individuals are happy to leave their lifestyle investments at the latest sports car or superyacht, some prefer to pour their money into what is rapidly becoming the ultimate status symbol – buying a sports team.

From George Steinbrenner's purchase of baseball's New York Yankees to Mukesh Ambani's Mumbai Indians cricket team, the world of sport is awash with billionaires hoping to create an intoxicating but often elusive mixture of profit and sporting success.

November 1, 2008

The intricate and imaginative designs of a fourth-generation Mumbai-based jeweller are becoming increasingly sought after the world over, writes Claire Adler

Most people, even those who adore luxury, have never even heard of Viren Bhagat. But at a Christie's auction in 2006 in New York, an elaborate pair of earrings from the hands of this 50-year-old Indian contemporary jewellery designer were estimated at $150,000 to $200,000. They ultimately fetched a cool $307,000.

October 16, 2008

Test driving the new Jaguar XKR is a tough job, but someone has to do it. Antje Doel spent a day roaring up and down Italy's Amalfi coast road to put family-owned Tata's latest acquisition through its paces

Since Jaguar and Land Rover were acquired from Ford by fellow family-owned company Tata Motors earlier this year, new life has been breathed into these  traditional British car brands.

Tata Motors, which bought the pair for $2.3billion, is India's leading car manufacturer and has come a long way since starting out in 1945 as Tata Engineering and Locomotive Co Ltd. Today, it is part of the Tata and Sons Group, founded by Jamshetji Tata and J Baker.

October 15, 2008

Caroline Neville is a woman credited with inventing fashion PR more than 45 years ago. Today her son and daughter are leading the charge in continuing the growth of the company she founded writes Claire Adler

There can't be many family businesses whose office dog has appeared in a fashion shoot on the pages of Glamour magazine. Or where the office manager is the founding family's re-trained childhood nanny.

Neville McCarthy Associates' current and former client list encompasses the worlds of lifestyle, luxury, beauty, wellbeing and food and drink.

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