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Over 1,000 articles

France
Money laundering probe suggests Corsica's 'Petit Bar' gang prefers Chanel

Members of Corsica's so-called Petit Bar gang subject to a two-year "money laundering" investigation were not content to limit their purchases to top-name watches, as Glitz.paris revealed in October. The clan also splashed out on luxury accessories, primarily from Chanel boutiques and always in cash. [...]

Published on 10/11/2022 at 05:30 GMT Reading time 2 minutes

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Entourage

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Angélique Peretti
Jacques Santoni
Jean-Laurent Susini
Jean-Marc Peretti
Mickaël Ettori
Pascal Porri
Stéphane Francisci

Spotlight | France
Money laundering: French finance ministry puts luxury sector under surveillance

After focusing first on the watch trade, French authorities are now cracking down on the luxury sector as a whole. They are taking aim at everything from jewellery to leather and second-hand goods, with in-depth investigations and heavy sanctions.

Subscribers only Entourage 12.09.2024

France's consumer affairs and fraud watchdog, the DGCCRF, conducted a survey of the luxury goods sector between October 2022 and June 2023.

Europe
Chanel bags: Vintage experts struggling to tell the originals from the fakes

Websites that sell second-hand products have had to review their procedures for identifying counterfeit Chanel goods as the workmanship of the fakes catches up with the originals.

Free access Houses 26.01.2023

France, Germany
Second-hand luxury watches: Watchmaster's management shields itself from MMC's Paris liabilities

A year after acquiring the MMC pre-owned luxury watch store just off Paris's Champs-Élysées, the German online broker Watchmaster has shielded its managers from the shop's liabilities.

Subscribers only Houses 24.11.2022

Switzerland
Former Rolex chairman acting as trustee for Firmenich fragrance dynasty

Beyond his law firm, Geneva lawyer Bertrand Gros - who chaired Rolex's board of directors until the summer - acts as a trustee for the family that controls Firmenich, one of the world's top three fragrance producers.

Subscribers only Families 17.11.2022

United States
A glimpse of Alain Wertheimer's top secret art collection

The main shareholder and chairman of the board of Chanel Ltd, the luxury group's British parent company, Alain Wertheimer likes to keep his art purchases under wraps. Glitz.paris unveils a key piece in his collection.

Subscribers only Families 03.11.2022

France
Rolex, Patek and Audemars: the laundering investigations alarming vintage watch dealers

An ongoing judicial investigation for "money laundering" targeting several figures in the Corsican crime world is taking a closer look at the purchase of watches from several of Paris's specialised shops.

Subscribers only Entourage 27.10.2022

Several figures in the Corsican crime world are the subject of a judicial investigation concerning, in particular, exchanges of luxury watches.

France
Quiet storm brews at Haute Couture Federation in Paris over Chanel's London move

The appointment of Chanel executive Bruno Pavlovsky as head of the French Haute Couture Federation, a few months after the group became British, is causing muted malaise within its governing bodies.

Subscribers only Entourage 20.10.2022

United Kingdom, United States
Chanel's main shareholder Alain Wertheimer and his made-to-measure US visa

Frenchman Alain Wertheimer - who lives in the US but chairs UK-registered Chanel Ltd's board and is the group's largest shareholder - juggles his trans-Atlantic lifestyle with help from US immigration services, which have granted him a notoriously difficult to obtain visa.

Subscribers only Families 20.10.2022

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Angélique Peretti
Jacques Santoni
Jean-Laurent Susini
Jean-Marc Peretti
Mickaël Ettori
Pascal Porri
Stéphane Francisci

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France
Money laundering probe suggests Corsica's 'Petit Bar' gang prefers Chanel

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Spotlight | France
Money laundering: French finance ministry puts luxury sector under surveillance

Europe
Chanel bags: Vintage experts struggling to tell the originals from the fakes

France, Germany
Second-hand luxury watches: Watchmaster's management shields itself from MMC's Paris liabilities

Switzerland
Former Rolex chairman acting as trustee for Firmenich fragrance dynasty

United States
A glimpse of Alain Wertheimer's top secret art collection

France
Rolex, Patek and Audemars: the laundering investigations alarming vintage watch dealers

France
Quiet storm brews at Haute Couture Federation in Paris over Chanel's London move

United Kingdom, United States
Chanel's main shareholder Alain Wertheimer and his made-to-measure US visa

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Indigo Publications' websites

About Glitz

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Indigo Publications' websites

Brands brave the Wild West of the second-hand market

From the Martinez to Claridge's, hostilities rage between five-star hotel mogul Paddy McKillen and Qatar

The geopolitics of fake goods

France Money laundering probe suggests Corsica's 'Petit Bar' gang prefers Chanel

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Set up email notifications for these topics

Spotlight | France Money laundering: French finance ministry puts luxury sector under surveillance

Europe Chanel bags: Vintage experts struggling to tell the originals from the fakes

France, Germany Second-hand luxury watches: Watchmaster's management shields itself from MMC's Paris liabilities

Switzerland Former Rolex chairman acting as trustee for Firmenich fragrance dynasty

United States A glimpse of Alain Wertheimer's top secret art collection

France Rolex, Patek and Audemars: the laundering investigations alarming vintage watch dealers

France Quiet storm brews at Haute Couture Federation in Paris over Chanel's London move

United Kingdom, United States Chanel's main shareholder Alain Wertheimer and his made-to-measure US visa

Set up email notifications for these topics

About Glitz

Subscription

Glitz on social media

Indigo Publications' websites

France
Money laundering probe suggests Corsica's 'Petit Bar' gang prefers Chanel

Spotlight | France
Money laundering: French finance ministry puts luxury sector under surveillance

Europe
Chanel bags: Vintage experts struggling to tell the originals from the fakes

France, Germany
Second-hand luxury watches: Watchmaster's management shields itself from MMC's Paris liabilities

Switzerland
Former Rolex chairman acting as trustee for Firmenich fragrance dynasty

United States
A glimpse of Alain Wertheimer's top secret art collection

France
Rolex, Patek and Audemars: the laundering investigations alarming vintage watch dealers

France
Quiet storm brews at Haute Couture Federation in Paris over Chanel's London move

United Kingdom, United States
Chanel's main shareholder Alain Wertheimer and his made-to-measure US visa