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Riyadh seduces Western luxury industry with Saudi 'Champs-Elysées'

The future King Salman Boulevard, a vehicle for Saudi soft power designed to bring in high-end tourists and luxury shoppers.© Studio Pachamama

The King Salman Boulevard on the outskirts of the Saudi capital, modelled on Paris' most famous avenue, was due to open late last year but is still under construction. It will be the centrepiece of one of the kingdom's urban mega-projects, featuring luxury shops and hotels and operating as a free zone for tax purposes.

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Families

Moroccan royal family puts two Paris mansions on sale

Two sumptuous French properties belonging to the late mother of the king of Morocco were put on the market a few weeks ago. The properties had long been managed by real-estate mogul Ely-Michel Ruimy, who also holds the licence for Joël Robuchon restaurants outside France.

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Houses

LVMH seek ways to repair its dented image on home turf

Having taken regular hits to their image over the course of 2025, LVMH and its chief executive ended the year as the focus of a highly critical investigation broadcast on French TV. The group is currently brainstorming to repair its reputation.

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Entourage

City authorities take aim at apartment-based Paris Fashion Week shows

Luxury brands are increasingly taking to showing their collections and setting up pop-up stores in private flats in the French capital. City Hall takes a dim view of this trend and has swung into action to enforce zoning rules.

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France's far-right RN party campaigns on fashion and luxury

With municipal elections due in March and presidential polls next year, the Rassemblement National is stepping up its efforts to defend France's textile and luxury industries, which are located in areas seen as strategic for the far-right party.

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