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Luxury tycoons line up to buy into posh Parisian club Castel

Jean Castel founded the famous Parisian members-only club in 1962.© Photomontage by Glitz – Sources: castelparis (Instagram), lab event, Chez Castel

The nightlife institution in the French capital's Saint-Germain area since the 1960s is to restructure its shareholding – and plenty of rich suitors are ready to pounce.

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Families

Del Vecchio family
Heirs tentatively resolve board impasse at EssilorLuxottica family office

Leonardo Maria Del Vecchio, the eldest sibling, is in the thick of the family squabble.© Photomontage by Glitz – Sources: Maurizio Maule (Reuters)

At the end of June, the seven Del Vecchio heirs were unable to reach agreement on any of the resolutions on the agenda for their family office's general meeting. Since then, a tentative agreement has been in the works over a technical point but with far-reaching consequences.

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Houses

Jeweller Pasquale Bruni sets up shop in Paris and London

The high-end Italian jeweller Pasquale Bruni is expanding on the back of strong performance.© Photomontage by Glitz – Sources: Mairo Cinquetti (Alamy)

Following on from New York, the luxury jewellery house is opening new boutiques in two of Europe's luxury capitals. The move comes amid strong recent growth, marred only by financial struggles in the US.

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Prada
Miu Miu shamed into paying £1,600 bill

The independent designer Rayane Chami only got paid after threatening legal action.© Photomontage by Glitz – Sources: raymakesthings (Instagram)

The invoice was only paid after a London-based jewellery designer shared her story on Instagram.

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Entourage

Christie's
Pinaults' auction house follows Sotheby's in upping its premiums

Buyer’s fees are aligning as if by magic at Christie's, Sotheby's and Bonhams.© Photomontage by Glitz – Sources: Bermix Studio (Unsplash)

Amid difficult market conditions, Christie's, Sotheby's and Bonhams are all considerably increasing the commission fees they charge to buyers at their sales.

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