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

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FRANCE UNITED STATES

In New York, French diplomats and luxury brands go arm in arm

French luxury houses have forged close ties with the various French diplomatic delegations in New York. In return, they have benefited from particularly enthusiastic ambassadors. [...] (407 words)

Issue dated 24/11/2022 Reading time 2 minutes

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Entourage

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Albertine Bookstore
Anne-Claire Legendre
Chanel
Chanel Foundation
Hermès
Ladurée
Lalique
Lov Group
LVMH
Nicolas de Rivière
Pommery
Richemont
Stéphane Courbit
United Nations
Van Cleef & Arpels
Villa Albertine

Which luxury houses are selling off their unsold goods online?

Ready-to-wear brands are the main suppliers of online sales sites and often sell their goods there, but luxury houses have historically been reluctant to follow suit, fearful of devaluing their image. Now several high-end names have decided to quietly test those waters on sales site The Bradery.

The Hermès and Lanvin boutiques at 24 and 22 Rue du Faubourg Saint-Honoré, in Paris. © Studio Pachamama

Spotlight

FRANCE 05/01/2023

Lanvin's secret deal with the families that control Hermès

After Lanvin Group's listing on the New York Stock Exchange (NYSE) in December, its new shareholders are poring over the company's affairs, including a confidential agreement reached last year between the fashion house and the three families that control Hermès.

The Richemont group is racking up real estate acquisitions in world luxury capitals. © Studio Pachamama

Spotlight

SWITZERLAND 22/12/2022

Richemont's hush-hush real estate acquisitions in global luxury capitals

Swiss luxury giant Richemont (Cartier, Van Cleef & Arpels, Chloé, etc.) has acquired a string of properties in luxury capitals around the world through two real estate companies registered on the island of Jersey.

UNITED KINGDOM 22/12/2022

Chanel Culture Fund's exclusive relationships with museum partners

The two-year-old Chanel Culture Fund - run by Yana Peel, former head of Serpentine Galleries - provides long-term support to a handful of cultural institutions but asks that they commit to strict conditions in exchange.

Spotlight

SAUDI ARABIA 27/10/2022

LVMH, Kering, Richemont and Rolex face off in Riyadh, luxury's new El Dorado Free

The last Arab country under-equipped in malls and luxury shops, Saudi Arabia is progressively opening its doors to perfumes, jewellery and cosmetics, under Crown Prince Mohammed bin Salman's guidance. The industry's biggest names are jockeying for position.

MIDDLE EAST 20/10/2022

[Due diligence] The influential Al-Mana family, Hermès's go-to in Qatar and the Emirates

French leather goods manufacturer Hermès and the Italian brand Armani have both been relying on the prominent Al-Mana merchant family to co-manage their shops and liaise with the relevant authorities during their Middle East expansion.

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.

FRANCE SWITZERLAND 13/10/2022

The great Hermès mystery: where are Nicolas Puech's phantom shares housed?

Twelve years after the aborted LVMH raid on Hermès, and three years after the expiry of the non-aggression pact negotiated between the luxury giant and the Faubourg St Honoré based leather goods manufacturer, the status of the shares of one of the few members of the three shareholding families to have joined forces with LVMH, Nicolas Puech, remains shrouded in mystery.

FRANCE 13/10/2022

Faux war rages on leather and fur front among LVMH, Kering, Chanel and Hermès Free

To make good on their countless environmental commitments, luxury giants are furiously seeking out substitute leathers and furs for their bags and coats. Their quest has turned into a pitched battle centred on a handful of subcontractors and specialised start-ups.

FRANCE 29/09/2022

Richemont and LVMH battle it out for the name 'Vendôme'

Cartier and Van Cleef, two Richemont group brands, have challenged and partially annulled the agreement concluded in 2021 between Louis Vuitton and the town of Vendôme. The agreement allows the LVMH-owned trunk-maker to use the name of the town, which is the namesake of the Parisian luxury goods epicentre.

Set up email notifications for these topics

Albertine Bookstore
Anne-Claire Legendre
Chanel
Chanel Foundation
Hermès
Ladurée
Lalique
Lov Group
LVMH
Nicolas de Rivière
Pommery
Richemont
Stéphane Courbit
United Nations
Van Cleef & Arpels
Villa Albertine

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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

In New York, French diplomats and luxury brands go arm in arm

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Set up email notifications for these topics

Which luxury houses are selling off their unsold goods online?

Lanvin's secret deal with the families that control Hermès

Richemont's hush-hush real estate acquisitions in global luxury capitals

Chanel Culture Fund's exclusive relationships with museum partners

LVMH, Kering, Richemont and Rolex face off in Riyadh, luxury's new El Dorado Free

[Due diligence] The influential Al-Mana family, Hermès's go-to in Qatar and the Emirates

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

The great Hermès mystery: where are Nicolas Puech's phantom shares housed?

Faux war rages on leather and fur front among LVMH, Kering, Chanel and Hermès Free

Richemont and LVMH battle it out for the name 'Vendôme'

Set up email notifications for these topics

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