Is Ferrari’s first EV already a collectable? Motoring The first Ferrari Luce production car will be sold by RM Sotheby’s during Monterey Car Week, with proceeds supporting the Ferrari Foundation. The very first Ferrari Luce production car will be auctioned by RM Sotheby’s during Monterey Car Week, with the auction house valuing the electric Ferrari at more than £800,000. The car is significant [...]
Next and Frasers go head to head for control of Harvey Nichols Retail Retail giants Next and Frasers are set to go head to head for control of ailing department store Harvey Nichols when the Hong Kong-owned firm takes bids from British suitors later on Tuesday. The Knightsbridge-headquartered department store chain was put up for sale last month by its owner, Hong Kong billionaire Sir Dickson Poon, and [...]
Mike Ashley’s Frasers muscles in on Harvey Nichols sale Retail Mike Ashley’s Frasers Group has gatecrashed the sales process for Harvey Nichols, defying the initial objections of the luxury department store’s brand partners. The fashion group, founded by billionaire Ashley, has successfully entered into the auction for the high-end retail group after demanding it be allowed to take part, Morning Wire understands. Harvey Nichols had [...]
Porsche’s Toy Story 911s prove luxury carmakers are selling stories as much as sports cars July 11, 2026 | Sponsored Porsche’s trio of Toy Story-inspired 911s will never reach a showroom, yet they may be among its most effective creations of the year. They show how premium car brands increasingly compete on cultural relevance as much as engineering. Luxury carmakers have spent decades convincing us that engineering is their greatest asset. The best of them [...]
Auction Tech fends off 11 takeover bids from largest shareholder January 5, 2026 Digital marketplace Auction Technology Group has fended off 11 hostile takeover bids from its largest shareholder. The London-listed tech firm said on Monday it had dismissed the latest offer from investment giant FitzWalter Capital, which valued ATG at 360p per share. ATG said the bid – which was received on 23 December – “fundamentally undervalued” [...]
Christie’s: Contemporary art helps auction house sales surge July 25, 2025 Sales at the London showroom of auction house Christie’s have started to make a recovery after suffering a slump in 2023, it has been revealed. The group’s UK arm has posted sales of £919.4m for 2024, a rise of almost 12 per cent compared to 2023’s total. Christie’s UK sales were slashed from £1.1bn in [...]
UK government should be more like Trump, says top entrepreneur February 19, 2025 The government’s tax squeeze on businesses and ministers’ lack of private sector experience shows that the “political system is broken” in the UK, a top entrepreneur has claimed. Edward Lovett, founder of luxury online auction house The Collecting Group, launched a damning assessment of the business environment in Britain under Labour, telling Morning Wire that [...]