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Golden Miles
How Hermès made the chic Rue du Faubourg-Saint-Honoré its own

The Hermès family controls close to a dozen properties in the Faubourg-Saint-Honoré neighbourhood, its longstanding stronghold.© Studio Pachamama

Since first taking up residence in the street in the late 19th century, Hermès has acquired close to a dozen properties in this epicentre of the global luxury sector, located in the heart of Paris.

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Families

How Mirabaud bank joined forces with the Wertheimers

With a fund dedicated to luxury brands, Swiss bank Mirabaud has also partnered with the family that owns Chanel in another entity.

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Houses

Assouline, the LVMH publishing house driving Riyadh's luxury makeover

Alongside sport and stand-up comedy, Saudi Arabia is also banking on high fashion to spruce up its tarnished image and pull in the visitors. In this endeavour, it has found a willing accomplice in a French behemoth.

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Frédéric Merlin blames BHV's late payments on former owners

The new boss of the Paris department store has been publicly criticised for the late payment of invoices by several brands, one of which took BHV to court over a separate issue. During the court hearings, Merlin put the problem down to the shortcomings of the IT system inherited from Galeries Lafayette.

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Entourage

Diamond lobby eyes bilateral deals to limit US tariffs impact

The World Diamond Council failed to reach a comprehensive tariffs exemption deal for the sector with the United States. It is now encouraging diamond-producing and -cutting countries to try to strike bilateral agreements with the Trump administration.

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Trump vs Mamdani: fight against counterfeiting turns political in New York

Immigration and Customs Enforcement operations have been stepped up in New York in recent months and have stemmed the flow of counterfeit goods on Canal Street, a hub for the sale of fake luxury products.

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