Chanel pays record fee for Bond Street store - Luxury brand Chanel has paid a record sum to secure Bond Street premises for a UK flagship store. [Retail Week - Retail Property and Shopping Centres]

How much are they paying?

Well, if you want a quick answer you can subscribe to any of the many news agencies to read the whole story. Is it worth it for one article. No, how often do you use these subscriptions?

We got so used to getting it all free on the internet. But for the newspapers this is not a sustainable business model. Cynics will say newspapers (and magazines) only came into existence to sell advertising. Some serious publications will dispute this but when you look at the books you will find the answer: "The money is coming from the ads."