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Families
Houses
Entourage

Golden Miles
Mandarin, Barrière, Reybier and Maybourne vie for slice of elite private residence market

Mandarin International is the new kid on the block in the ultra-rarefied world of private Paris suites for the mega-wealthy.© Studio Pachamama

The only major European capital that still does not cater to the all-inclusive private accommodation whims of oligarchs, stars and visiting ministers, Paris is currently at the heart of a discreet battle between the luxury hotel giants for this ultra-privileged market segment.

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Families

Pinault Collection
With Cerutti gone, François Pinault's artworks to get new kind of management

Having been without a chairman since Guillaume Cerutti's surprise exit a fortnight ago, the Pinault Collection – the private company that manages François Pinault's artworks and their exhibition venues – is set to come under a renewed leadership.

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Arnault family
For the Arnaults, a majority shareholding in LVMH is not enough

The Arnault family surpassed the 50% threshold of LVMH's share capital in February but is continuing to steadily increase its stake in the French luxury group, thanks in part to the share's depressed price.

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Houses

AMI Paris
Alexandre Mattiussi discreetly closes his London flagship store

Opened a decade ago, the AMI boutique in Mayfair was expensive to run and sales were steadily declining. Having searched for new investors, Alexandre Mattiussi's affordable luxury brand has now shut up shop for good.

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Smoking gun
The double life of an Italian luxury manager who also ran an exploitative workshop

Paolo Storari, Milan’s public prosecutor.© Photomontage by Indigo Publications – Sources: 3AJJGR2 Alamy LaPresse

An investigation by the Milan public prosecutor has revealed that a former employee of the yachting clothing brand Paul & Shark coordinated the operations of a subcontractor accused of exploiting its workers.

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Rolex
Rent wrangle in not-so-chic Rue Saint-Honoré

Established in one of Paris's luxury shopping districts since the 1980s, a Rolex retailer has successfully fought off an attempt to nearly triple its rent.

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Chanel
Matthieu Blazy it-bag makes splash on grey market

Chanel's decision to hike its handbag prices back in 2020 alienated some of its most loyal customers. The brand has now changed tack and is playing the exclusivity card in the hope of emulating Hermès, even if this means leveraging unofficial sales channels.

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Entourage

Hermès
Burgled Birkins put back on market send shivers through London high society

A year after a record-breaking theft at Britain's largest Hermès bag retailer, five bags have been identified at resellers. But police have been unable to take any concrete action to recover them.

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ARCHIVES