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Spotlight | Al-Fayed family
Ritz's offshore payouts put to test in High Court

Al-Fayed’s heirs are continuing their rearguard action against potential compensation claims.
Al-Fayed’s heirs are continuing their rearguard action against potential compensation claims.© Photomontage by Glitz – Sources: Toby Melville (Reuters), Christian Böhmer (Maxppp)

Mohamed Al-Fayed's heirs spent last week at the High Court in London, fighting to keep control of his estate despite mounting compensation demands from his victims. Drawing on filings and testimony from the marathon trial, Glitz has pieced together the financial arrangements that let the Ritz's owners keep collecting the hotel's profits without risk of seizure.

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Houses

LVMH
Struggling Fendi leaves its Very Important Clients out in the cold

Fendi is taking a strategic risk by closing its private client relations division.
Fendi is taking a strategic risk by closing its private client relations division.© Photomontage by Glitz – Sources: Yaacov Dagan (Alamy), Casimiro (Alamy)

Glitz has learnt that the Rome-based fashion house is set to close its private client relations division as it tries to turn its fortunes around. But VICs have been key to the brand's success, not least when it comes to its highly refined fur products.

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Entourage

Luxury and politics
French luxury influencer agencies embarrassed by their stars' political activism

Leading luxury influencers are championing the far-left - and anti-luxury - LFI party.
Leading luxury influencers are championing the far-left - and anti-luxury - LFI party.© Photomontage by Glitz – Sources: Davood Maeili (AFP), Ik Aldama (REA), Pierre Painchaud (Instagram

Some French luxury influencers represented by Publicis or Follow are invited to fashion shows and pampered by the big houses, yet they also urge followers to join street protests or to vote for the far-left presidential candidate Jean-Luc Mélenchon.

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