Bentley First – Half Profit More Than Doubles, Boosted By Customised Cars

PARIS, France – Luxury British carmaker Bentley’s first – half operating profit more than double, boosted by increased customisation of cars as sales rose significantly in Europe and Britain despite ongoing global economic uncertainty. The unit of German carmaker Volkswagen on Friday posted an operating profit for first six months of 2022 of 398 million … More Bentley First – Half Profit More Than Doubles, Boosted By Customised Cars

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Reliance Buys 52% Of Top Indian Fashion Label In Luxury Bet

PARIS, France – The retail unit of Indian conglomerate Reliance Industries has acquired a 53% stake in popular designer labels of Ritu Kumar, the companies said on Tuesday, in the latest bet on the country’s fast – expanding luxury designer market. Reliance Retail did not disclose financial details of the transaction, but said its majority … More Reliance Buys 52% Of Top Indian Fashion Label In Luxury Bet