Author: loic D

The Italian coast guard said on Thursday that rescuers had found the body of British tech tycoon Mike Lynch off the coast of Sicily, with a woman still missing.Divers searching for six missing passengers aboard the luxury superyacht Baysian, which sank after being caught in an unexpected violent storm on Monday, found four bodies on Wednesday.Among the passengers was Lynch’s 18-year-old daughter and “an associate who successfully defended him in his recent federal fraud trial,” the Associated Press reported.what happened?The Bagheria city council said in a statement that seven adults were taken to emergency rooms after being rescued, but “no…

The luxury yacht that sank off the coast of Sicily on Monday was once a vessel that won numerous awards for its sophisticated interior design.In the early hours of Monday morning (August 19th), a sailing ship known as the Baiesian capsized and sank in a storm that hit the coast of Sicily.There were 12 passengers and 10 crew on board at the time.This morning, five of the six missing bodies have been confirmed as having been recovered, including that of 69-year-old British billionaire Mike Lynch. Chef Recardo Thomas was also confirmed dead. Of the 22 people on board, only 15…

Ruth Bloomfield explores the rapid growth of luxury property markets across Southeast Asia. Superyacht season is well established — the Mediterranean in summer, Florida and the Caribbean in winter — but going off the beaten path can pay dividends. Intrepid sailors are changing the game by including South and Southeast Asia on their itineraries, attracted by new marinas and the chance to enjoy pristine coastlines, explore jungles, climb mountains and immerse themselves in new cultures. And the region’s explosion in luxury tourism and real estate means there’s no need to forgo the latest amenities when taking the road less traveled.…

Ultraluxe Niche Luxury Festival is an unprecedented gathering of fine jewellery, watches and lifestyle products and services. Now in its third year, the 2024 event will take place from 4 to 13 October at Singapore’s iconic Tent @ Ngee Ann City Civic Plaza. As in previous years, it will bring together world-class luxury designs and meticulous craftsmanship from internationally acclaimed and renowned designers. Calla Lily: Cosmodeco Tsavorite ring in 18K yellow and white goldRota e Rota: Bubble collection diamond earrings in 18K white goldJaipore: Art Deco-inspired diamond and enamel earringsAlexander Laut: Jewelry from the “GEMAGICAL” series, featuring 29.05 carats of…

Recent news highlighted that Romania is set to see the opening of 13 new five-star hotels by 2028, including leading brands such as Mondrian, Hyatt and Kempinski. According to Mordor Intelligence, the Romanian hospitality industry is constantly evolving, shaped by market trends, changing consumer preferences and the broader economic climate. Industry players are differentiating through service quality, location, amenities, pricing and unique selling propositions to attract and retain guests. The sector comprises a mix of chains and independent hotels across upscale, luxury, mid-range, budget and economy categories. Bucharest boasts one of the most developed hotel markets in the country, with…

The luxury real estate industry is undergoing an evolution that is redefining the standards of an elevated living experience. Indian real estate developers are acknowledging the changing preferences of a discerning demographic of homebuyers who are not only global travelers but also socially conscious and environmentally responsible. This transformation is not just about lavish living spaces; it is about creating sustainable luxury homes that mirror the international comforts they experience abroad. Global nomads: a new demographic of homebuyers Today’s luxury home buyers in India are a special breed. Well-travelled, cosmopolitan and socially conscious, they experience the height of luxury and…

After five bodies were found on board a luxury yacht that sank in a storm off the coast of Sicily, the search has resumed for the remaining missing person. The vessel, named the Baysian, sank at about 5am on Monday, leaving six people missing, including tech mogul Mike Lynch. Salvatore Cocina, head of Sicily’s civil defence, confirmed that only four of the five bodies found on Wednesday had been recovered and that the whereabouts of the missing sixth person remained unknown. Authorities have not confirmed the identities of the bodies recovered, although local and international media have reported that some…

This may be controversial, but I always think that fall is my favorite season to dress up. I’m not denying the ease of summer at all, as it only takes five minutes to get ready every morning with a quick dress and slip-on sandals. But the freedom to layer and mix and match with different pieces in fall opens up a variety of styling possibilities and gives me the opportunity to get serious about my style. Every year at this time, I start prepping for the season and organize my wardrobe, putting away sarongs and linen shirts and unpacking cardigans…

Get your free copy of Editor’s DigestFT editor Roula Khalaf picks her favourite stories in this weekly newsletter.The luxury market may be suffering a downturn, but head to Knightsbridge or Chelsea this summer and you’ll find bustling boutiques and throngs of people with designer shopping bags slung over their arms. In the UK, the luxury market is expected to generate revenue of $17.2 billion this year, but the battle for consumer wallets is fierce, and even the most in-demand brands are realizing that loyalty programs and exclusive member-only perks can lead to bigger profits.Luxury loyalty programs differ in prestige, but…

SINGAPORE and CHICAGO, Aug. 21, 2024 (GLOBE NEWSWIRE) — Christie’s International Real Estate, a global leader in luxury real estate, has officially entered Singapore, marking a key milestone in its Southeast Asia expansion strategy. Operating from a newly renovated historic shophouse on China Street in Singapore’s Central Business District (CBD), Christie’s International Real Estate Singapore will specialise in residential brokerage services with a focus on Singapore’s established luxury real estate market. It will also assist Singapore-based private and institutional investors in investing in real estate opportunities around the world through the brand’s extensive global network. The firm is led by…