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Hamad bin Jassim vs McKillen: international luxury hotel feud reaches Paris

Former Qatari prime minister Hamad bin Jassim bin Jaber Al Thani, the Constellation Hotels Holding shareholder and Maybourne Saint-Germain developer, has been at loggerheads with Irish ultra-luxury hotel magnate Patrick McKillen for the past year and a half.© Studio Pachamama

Irish luxury hotel tycoon Patrick McKillen has sought to seize files related to the Maybourne Saint-Germain, the luxury hotel that former Qatari prime minister Hamad bin Jassim bin Jaber Al Thani is having built on Paris's Left Bank.

Subscribers only France, Qatar, United Kingdom Entourage

Families

Azzedine Alaïa heirs secure designer's collections with Richemont millions

Swiss luxury giant Richemont poured €2.1m into the Azzedine Alaïa Foundation in 2020 and 2021 to help renovate its basement. The revamped space now houses pieces by the late French-Tunisian designer, as well as his personal collection.

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Houses

How much do Rolex, Chanel, Taittinger and the Bettencourts give to the Paris Opera?

The Paris Opera had significant reserves from corporate sponsors at the end of last year. Three luxury sector heavyweights accounted for half of that €12.4m war chest - precious funds for an institution in the red.

Free access

What is Brunei paying to revamp The Dorchester?

For more than three years, The Dorchester has been carrying out major renovation works, without closing the London establishment's doors. To finance the sizeable revamp, the hotel secured a loan from its shareholder, Brunei's sovereign wealth fund.

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Entourage

Front Row
Online retail acrobat José Neves walks merger tightrope

The founder of the Farfetch platform, José Neves.© Studio Pachamama

The guru of online luxury retail had been on the up ever since founding Farfetch in 2008. But the company's plummeting share price and Richemont's arrival on the scene means he may now have to dance to someone else's tune.

Subscribers only United Kingdom, United States

Questions mount over synthetic diamond certifications

The ratings that certification bodies ascribe to diamonds to determine their quality, and thus inform their value, are under fire. Critics say certain defects in synthetic diamonds, such as premature ageing, are not sufficiently taken into account, nor is the stones' environmental impact.

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TAG Heuer's former New York boutique still sits empty

In a sure sign that budget cuts are affecting even the most resilient of luxury strongholds, TAG Heuer's former boutique on 5th Avenue in New York has yet to find a new occupant.

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