McLaren Special Operations (MSO), the British manufacturer’s custom car division, has presented a special limited edition of the 650S coupe. This series of just 50 cars commemorates the victory of the McLaren F1 GTR in the 1995 Le Mans 24 Hours Race.
The Middle East was ranked 10th among the top global luxury markets in the world, according to the latest report by consultant Bain & Co. The report added that the consumption of luxury goods in the Middle East surged by 11 per cent this year, largely driven by increased tourist flows to the region.
(Reuters) - TAG Heuer is pushing ahead with plans for a smartwatch to more directly compete with the likes of the Apple Watch and may make acquisitions to help drive the strategy, its head said on Tuesday. Swiss watch makers like TAG Heuer, the biggest brand in luxury goods group LVMH's watch portfolio, had until recently largely dismissed the threat of "smart" gadgets, but LVMH watch chief Jean-Claude Biver says he had changed his mind on the subject.