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The perilous journey of vetiver, from gang-afflicted Haiti to flasks of YSL Opium and Chanel N°5

Haiti is the world's leading supplier of vetiver essence, prized by the top names in perfume. But violent local gangs are disrupting supplies.© Studio Pachamama

With its characteristically smoky scent, vetiver is a key ingredient in many perfumes and originates primarily from Haiti, where gangs reign supreme in the capital city. Luxury brands require that their local suppliers be certified, but the increasingly dangerous situation on the ground hampers the process.

Subscribers only France, Haiti, United States Entourage

Families

Sharp dividend hike for Hermès heirs

H51, the holding company that owns the majority of Hermès's capital, paid a dividend to the heirs of Emile Hermès more than 50% larger than the previous year's amount.

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Houses

New York rendezvous: Sézane and Rouje go head-to-head in Soho

Two Parisian affordable luxury brands, Sézane and Rouje, both backed by investment funds, are working on opening new stores in the emblematic Manhattan shopping district of Soho.

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After Richemont's lacklustre results, LVMH poised to release its own mid-year report

The 17 July release of Richemont's underwhelming first-half results has sent stock prices falling across the luxury sector. Glitz.paris offers early insight into LVMH's results, set to be made public later this month.

Free access

TAG Heuer reaps rewards of Barbie fever

With TAG Heuer ambassador Ryan Gosling starring as Ken in the Barbie movie, the LVMH-owned watch brand has scored a star appearance in this summer's most hyped film.

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Entourage

Moma tightens hold on Lapérouse

Dating back to the 18th century, Paris's famed Lapérouse restaurant has just been purchased by a developer linked to the Moma Group, which has been running the venue since it reopened in 2019.

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