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Arnault, Freymond and the spoils of the Hermès raid (1/3): secret wars

Eric Freymond drafted a complaint to sue LVMH and Bernard Arnault for €380 million.© Studio Pachamama

It is the most secretive of the luxury sector's great battles: after LVMH's failed takeover of Hermès in 2010, its instigators fought long and hard over the ensuing capital gains. Glitz.paris investigates the €3.8bn dispute between LVMH chief Bernard Arnault and Swiss wealth manager Eric Freymond.

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Families

L'Oréal chairman buys property in Uruguay's playground of the rich and famous

L'Oréal chairman Jean-Paul Agon recently purchased a property in one of the world's most exclusive retreats, the Uruguayan fishing village of José Ignacio.

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Houses

Paris 2024 organisers bank on product placement to lure luxury sponsors

In a bid to persuade French luxury giants to sponsor the 2024 Olympic Games in Paris, the organising committee is offering tailored solutions quite unlike the banner ads favoured by the food industry and mass market brands.

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Vuitton among brands in dogged fight against US First Amendment

LVMH, along with the American Intellectual Property Law Association, wants the US Supreme Court to restrict the scope of the First Amendment after a 15-year battle spurred by... dog toys. Is the luxury giant barking up the wrong tree?

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Entourage

New York security guard lawsuit mars Louis Vuitton's '200 Trunks' exhibition

Staff of the firm handling security for the New York edition of Vuitton's travelling show are demanding their due, saying their employer forced them to work overtime unpaid.

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The Independents raised €150m in refinancing just before purchasing Prodject

Luxury PR group The Independents - which last week announced its acquisition of events agency and Met gala organiser Prodject - has just refinanced for €150m with a consortium of banks.

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French daily Le Monde's society of editors takes aim at Chanel partnership

Le Monde's society of editors, SRM, which holds 33.34% of voting rights in the French newspaper company, is investigating a partnership with Chanel that involves writing articles and co-hosting conferences about fashion and the textile industry in Senegal.

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