The technology makes scents

The digital transmission of smells may be close

Gap to open 40 stores in India

US clothing retailer will open first shops in Mumbai and Delhi

12 Douglas Parade, Dover Heights, Sydney, Australia

Five homes perfect for opera lovers

From an oceanfront property east of Sydney Opera House to a villa near Salzburg’s Great Festival Hall

Bain buys half of ethical shoemaker Toms

Founder Blake Mycoskie to concentrate on charity side of business

Condé sells Women’s Wear Daily group

Jay Penske to pay under $100m for Fairchild Fashion Media assets

Luxottica shares fall on CEO exit report

Andrea Guerra said to disagree with group founder

App developers hope to get star struck

Celebs look to extend franchises into digital world

Russia tensions push palladium to $900

Supply also hit by earlier South Africa strike

Rare Ferrari fetches $38m at auction

Record price paid at Bonhams for 1962 250 GTO Berlinetta

Louis Bacon’s Bahamas battle reaches NYC

Claims of ‘smoking gun’ evidence in case against Peter Nygard

The long and short of summer hairstyles

A ‘bad bob’ is the season’s low-maintenance look, says Lucie Muir. Turn it pink if you dare ...

China says Mercedes-Benz fixed prices

Foreign carmakers brace for fines over pricing practices

The case for mobile phone covers

Kitsch, colourful and cute mobile phone covers have become a serious business

Diamond auction to spotlight Asian demand

Sotheby’s expects rare pink stone to fetch up to $15.4m in Hong Kong

Post-holiday hair care

Masks, oils and ‘anti-shampoos’ – what the leading authorities in hair and scalp health recommend

Big fashion names fund shopping app

Launch of mobile-focused start-up Spring

Chinese-backed move for Club Med collapses

Fosun scraps bid after regulator approves Bonomi offer

Department stores slip on Macy’s warning

US equity markets firm despite softer economic data

Gold loses shine with China consumers

Global demand for precious metal declines in second quarter

Rapid fashion: Nitin Passi’s Missguided

Fashion site founder has a knack for knowing what women want

Business jets take off in better climate

Dealmaking sparks recovery but smaller jets lagging behind

Brands try to click with Chinese shoppers

Online fashion market is fiercely competitive and price-sensive

Pandora: charmed

Retailer has good reason to hope for continued strong returns

Topshop in online push into China

Barney’s pays out to settle racial profiling lawsuits

The luxury retailer will pay $525,000 to settle allegations

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