The boutiques on Avenue Montaigne, the epicentre of Paris luxury, are at war. The prize they are fighting for is the upper floors of the buildings on the street, which they desperately need for storage space.
The discreet consultant domiciled in Dubai has been in charge of the security detail that protects LVMH's shareholding family for almost a decade. A contract secured by long-standing loyalties.
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For the first time, Alexandre Barrière, CEO of the eponymous hotel group, and his sister Joy Desseigne-Barrière, received more in dividends for the company's last financial year than their father, Dominique Desseigne. This new arrangement is part of a compromise negotiated two years ago to end a family feud.
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After selling his stake in online retailer Veepee in 2014, Michaël Benabou has spent 10 years reinvesting in tech, luxury goods and high-end property. A shareholder in private sales organiser Arlettie and second-hand site Monogram, among others, he is preparing to move his family office to Luxembourg.
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In the race to buy Versace, Prada invested several million euros last year in the cashmere group Fedeli. It hopes to emulate the success of houses like Loro Piana (LVMH) or Barrie (Chanel) that offer items in this fabric.
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The brand's iconic silk scarves are much easier and cheaper to replicate than its Birkin and Kelly bags and are thus frequently copied.
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The Paris court of appeal has ordered Prada to pay several hundred thousand euros to a former employee. The case shone a spotlight on the daily life of a boutique manager for the Milanese fashion house.
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A French court recently rejected L'Oréal's legal challenge concerning the taxation of foreign dividends.
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Instagram has become indispensable to the luxury sector, but its owner, Mark Zuckerberg's Meta group, largely ignores companies' complaints about the widespread use of the platform by counterfeiters.
Katara Hospitality, a subsidiary of Qatar's sovereign wealth fund, has carried out a major overhaul of the management of the heavily-indebted The Peninsula Paris.
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Agencies are struggling to find solutions to deal with the influx of models generated by artificial intelligence, particularly on social media.
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A French parliamentary commission of inquiry into violence in the film and fashion industries has expressed concern about deductions taken from models' pay by their agencies. Several agencies are due to be summoned to a new hearing this month.
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