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Counterfeiters
When counterfeit networks converge with drug trafficking

Fake goods are increasingly turning up in loot seized from criminals in France.© Studio Pachamama

The French authorities stepped up operations to dismantle criminal networks linked to drug trafficking in 2025. And they are finding more and more counterfeit luxury goods among the ill-gotten gains they are seizing.

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Families

Pinault family cancels Falcon 10X order despite selling off its Puma shares

The ultra-wealthy French family had ordered a luxury Dassault jet that was due to be delivered by the end of this year. But amid the difficulties it is experiencing with its family office, and despite selling its 29% stake in Puma for €1.

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Arnaults acknowledge campaign to reach majority shareholding in LVMH

When presenting the luxury giant's annual accounts this week, Bernard Arnault for the first time acknowledged his family's stealthy - and costly - efforts to increase their stake in LVMH over the last four years, thereby confirming Glitz's previous revelations.

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Houses

Zegna eyes US market with plans for lavish Los Angeles show

The fashion house held a show in Dubai last summer, its first outside Italy. It is now planning a second event abroad, this time in the United States. The choice of venues is no accident, both the American and Emirati markets being key to its bottom line.

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Potential buyers eye Moreau Paris

Several offers have been made for the luxury bag maker, whose parent company has been based in Milan since 2021.

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Entourage

Shein loses its chief lobbyist

The fast-fashion giant's government relations director, Fabrice Layer, has announced in-house that he is leaving. The company, which has been mired in controversy of late, will be looking to replace him as soon as possible.

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Fraudsters pretend to be world jewellery lobby

The World Jewellery Confederation is trying to assess the damage after dealers fell victim to fraudsters impersonating the body.

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