Tactical moves, succession challenges, talent pools: discover Glitz, the first investigative publication dedicated to the global luxury sector

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Spotlight

IRAN

Avenue Montaigne, Rue de la Paix, Champs-Elysées: A real estate oasis for Iran's mullahs

Rattled by the violent demonstrations in Tehran, the Iranian regime retains a handful of striking real estate assets inside Paris's coveted Golden Triangle. But it can't sell them off or move on while sanctions persist. [...] (834 words)

Published on 13/10/2022 at 06:00 GMT Reading time 4 minutes

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Entourage

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Air Gabon
Bank Melli
Bank Saderat
Cameroon Airlines
Carac
Central Bank of Kuwait
European Union
Ferragamo
Franco-Arab Investment Bank
Harry's Bar
Immobilière Dassault
Iran Air
J.M. Weston
LVMH
Margiela
SCI de l'avenue Montaigne
Stark & Sons
United States

Sephora's Clean leaves rivals green with envy - and plenty of questions

The criteria for Sephora giving certain products its "green" label, decided by the brand internally, are unknown. That lack of clarity has become problematic with the LVMH subsidiary's arrival in the UK, no longer subject to European regulations.

FRANCE 23/02/2023

Hotels and restaurants battle it out for Champs-Elysées rooftop terraces

While luxury brands jostle for the best street-level sites on Paris's grandest avenue, the big names in the hotel and events industry are on the lookout for rare roof terraces. Two are about to become available at either end of the iconic thoroughfare.

FRANCE 26/01/2023

Covéa banking on luxury sector setting up shop near Paris's Palais-Royal

Covéa Immobilier, a subsidiary of French mutual insurer Covéa, is completing the purchase of a nearly 10,000m2 complex in Paris's second arrondissement. The target market for the historic building is the luxury sector, already solidly entrenched in the area.

FRANCE 05/01/2023

Dior caught up in bitter neighbourhood battle on Avenue Montaigne

The Paris administrative court has just put an end to a legal dispute that the owners of a mansion next to Dior's new headquarters have been waging for three years. LVMH, the designer's parent company, recently renovated the HQ site at great expense.

FRANCE 08/12/2022

After London debut, star butcher Salt Bae looks to set up shop in Paris Free

Nusr-Et luxury steakhouses are already plying their trade in Turkey, the Gulf region and London. Now the chain is talking to a subsidiary of France's Caisse des Dépôts to rent space and open a Paris restaurant.

FRANCE 24/11/2022

Jean-Paul Gaultier opens doors to Paris HQ he no longer owns

Opened to the public for the first time this month, the headquarters of the Jean-Paul Gaultier fashion house in Paris actually belongs to its main shareholder, the Puig group. The Spanish fashion company discreetly bought the building a few years ago, doing so under almost unbelievably favourable conditions.

MIDDLE EAST 20/10/2022

Paris fashionista hotspots Ferdi and Lapérouse set to expand into Arabian Peninsula

The owners of celebrity haunts Ferdi and Lapérouse, two Paris restaurants that thrive on a high-profile fashion clientele, are working on expanding into the Middle East, just as the Michelin Guide develops its coverage of the region.

Spotlight

CHINA 20/10/2022

Warehouse war erupts in duty-free paradise Hainan

As the only remaining shopping haven in a mostly closed China, the tax-free island of Hainan has become the world's busiest sales point for luxury giants, even in the midst of the country's recent new wave of Covid-19.

FRANCE 06/10/2022

Odile de Labouchere, the linchpin of Pinault's art and real estate portfolio

While Paris's Bourse de Commerce and Venice's Palazzo Grassi put the finishing touches on their upcoming exhibitions, one individual oversees the smooth transfer of artworks between the foundations, Pinault family residences and the storage sites:

FRANCE UNITED KINGDOM 29/09/2022

Mulberry CEO Andretta's ongoing battle with French tax authorities

Frenchman Thierry Andretta, CEO of the British leather goods manufacturer Mulberry, has been for some time the target of a major tax audit. France's Directorate General of Public Finances accuses him of having undervalued the flat he bought in 1999 in Paris.

Frenchman Thierry Andretta, head of British leather goods manufacturer Mulberry.

FRANCE ITALY 28/09/2022

Luxury retail: Ferragamo's sentencing in Paris sends sector into panic

After a decade of administrative and tax investigations, Italian leather goods manufacturer Ferragamo was definitively ordered earlier this month to pay millions of euros in back taxes for "undue profit transfer" between its Faubourg St Honoré shop in central Paris and its Florence headquarters.

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Air Gabon
Bank Melli
Bank Saderat
Cameroon Airlines
Carac
Central Bank of Kuwait
European Union
Ferragamo
Franco-Arab Investment Bank
Harry's Bar
Immobilière Dassault
Iran Air
J.M. Weston
LVMH
Margiela
SCI de l'avenue Montaigne
Stark & Sons
United States

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Tactical moves, succession challenges, talent pools: discover Glitz, the first investigative publication dedicated to the global luxury sector

Tactical moves, succession challenges, talent pools: discover Glitz, the first investigative publication dedicated to the global luxury sector

Avenue Montaigne, Rue de la Paix, Champs-Elysées: A real estate oasis for Iran's mullahs

This article may be accessed by subscribers and e-wallet holders (USD 19.50)

2 options offered to continue reading

Create your free account

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SPECIAL OFFER

Set up email notifications for these topics

Sephora's Clean leaves rivals green with envy - and plenty of questions

Hotels and restaurants battle it out for Champs-Elysées rooftop terraces

Covéa banking on luxury sector setting up shop near Paris's Palais-Royal

Dior caught up in bitter neighbourhood battle on Avenue Montaigne

After London debut, star butcher Salt Bae looks to set up shop in Paris Free

Jean-Paul Gaultier opens doors to Paris HQ he no longer owns

Paris fashionista hotspots Ferdi and Lapérouse set to expand into Arabian Peninsula

Warehouse war erupts in duty-free paradise Hainan

Odile de Labouchere, the linchpin of Pinault's art and real estate portfolio

Mulberry CEO Andretta's ongoing battle with French tax authorities

Luxury retail: Ferragamo's sentencing in Paris sends sector into panic

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