Wealth manager Éric Freymond is preparing to go public over his legal dispute with Hermès heir Nicolas Puech, who claims to have been defrauded by his decades-long financial adviser. The tactic is tried-and-tested for Freymond, who has previously used it to secure a settlement from publicity-shy opponents.
The granddaughter of company founder Estée Lauder has just cut back her involvement in the family business as it weathers an economic crisis.
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The former Chanel artistic director's nine heirs, in dispute with French tax authorities for more than four years, have just ended their legal challenge over the tax adjustments and penalties imposed on them. The move suggests the designer's estate may soon be settled.
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Faced with increasingly well-organised thieves, shops on the Avenue Montaigne and the Rue du Faubourg Saint-Honoré are resorting to informal means to stop shoplifters.
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The landlord of Balenciaga's flagship store on the Rue Saint-Honoré filed a complaint accusing the Kering brand of using a conspicuously complex arrangement to occupy its premises. The case could see the luxury house evicted.
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L Catterton, LVMH's investment fund, last week took a stake in the Polène leather goods brand. The move is part of a strategy of diversifying into non-luxury fashion that could continue with further acquisitions.
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French tax authorities have served the Paris branch of the Swedish designer label Acne Studios with a bill for more than €1m in unpaid taxes.
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As a pioneer of the "quiet luxury" trend, Celine and its bags have become the target of a major imitation operation.
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A merger between the two US luxury giants that has been blocked by the Federal Trade Commission has received behind-the-scenes backing from their main European competitors. LVMH and Chanel have a vested interest in getting involved, fearing that their own future acquisitions could also be opposed.
The trial of the French-Israeli "Bluediams" network, accused of defrauding more than 200 victims, opens on 20 October in Nancy, eastern France. It is the first major trial to hit the private diamond brokerage business, which is as prosperous as it is scam-prone.
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