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The greatest stories are told in chapters. Follow our long-term investigations delving into luxury's deepest secrets.
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Over 300 articles

United Kingdom
Good times: Rolex's investment arm strengthens its London holdings

Through its investment arm, the Swiss watch brand is now one of the two majority shareholders in Almacantar, a property company that owns prestigious buildings in London's most sought-after areas. [...]

Published on 29/06/2023 at 05:00 GMT

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Families

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Agnelli
Alain Wertheimer
Almacantar
Arthur Heilbronn
Chanel
Charles Heilbronn
Covea
Exor
Gerard Wertheimer
GMF
MAAF
MMA
Mousse Partners
Mousseluxe SARL
PartnerRe
Rolex Holding

France, Switzerland
French competition authority exposes Rolex's 'mystery shoppers'

As part of a lengthy investigation into how Rolex monitors its French retailers and forbids them from selling online, France's competition watchdog has revealed details about the watchmaker's use of fake clients to ensure its price recommendations are respected.

Subscribers only Houses 21.12.2023

France
Pinel & Pinel off the hook with Rolex but not with its own shareholder

Sued by Rolex since 2019 for selling a display case inspired by its watch designs without permission, the trunk-maker Pinel & Pinel has now had its name cleared in court. But the company's finances are still a concern for investment fund Corely, its majority shareholder since 2016.

Subscribers only Houses 02.11.2023

Switzerland
Montblanc watches burdened by poor performances

With Montblanc CEO Nicolas Baretzki on his way out, the Richemont-owned pen and leather goods manufacturer has another untimely issue on its hands: its watch subsidiary is weighed down by heavy debts.

Subscribers only Houses 05.10.2023

United States
TAG Heuer to invest time in huge US expansion

LVMH watchmaker TAG Heuer - the brand that Frédéric Arnault, LVMH CEO Bernard Arnault's second-youngest son, has headed since 2020 - is about to embark on a dramatic sales push in the United States. Its aim is to have 50 of its own shops.

Subscribers only Houses 14.09.2023

Switzerland
Generational shift at Rolex R&D department

A key figure in Rolex's R&D department quietly left the company this summer.

Subscribers only Houses 14.09.2023

France, Switzerland
Retired Richard Mille still finding time for work

He may have officially retired last year, but the eponymous co-founder of high-end watch brand Richard Mille is nevertheless still involved in the many companies he set up.

Subscribers only Families 07.09.2023

France, United States
TAG Heuer reaps rewards of Barbie fever

With TAG Heuer ambassador Ryan Gosling starring as Ken in the Barbie movie, the LVMH-owned watch brand has scored a star appearance in this summer's most hyped film.

Subscribers only Houses 20.07.2023

Switzerland
Geneva establishment figure calls time on tenure at Rolex

Rolex has lost a member of its board of directors who has stepped down after more than 20 years with the Swiss watch brand.

Free access Houses 13.07.2023

France
Wertheimers banking on new direction for family office portfolio with Rothschild & Co

The just-announced investment in Rothschild & Co by the Chanel shareholders' family office adds to the portfolio of holdings quietly amassed by the Wertheimer clan.

Subscribers only Families 16.02.2023

France
Real estate: insurance giants reign as landlords of luxury

Covéa is completing the purchase of a nearly 10,000m2 complex in Paris's second arrondissement that it hopes to lease to the luxury sector - like other insurance and reinsurance giants before it, already renting their prestigious real estate to luxury's big names.

Subscribers only Houses 02.02.2023

France
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.

Subscribers only Entourage 26.01.2023

Switzerland
Pivotal Rolex organisation director calls time on her career

Following in the footsteps of lawyer Bertrand Gros, who retired as chairman of Rolex's board of directors last summer, a major figure in the Swiss watchmaker's global network left the company at the end of 2022.

Subscribers only Houses 12.01.2023

Canada, France, United States
From Delaware to Canada, the changing home of Wertheimer's stable

One of the leading horse racing stables on the French circuit, Wertheimer et frère, run by Chanel shareholders, is in fact a Canadian company.

Subscribers only Families 01.12.2022

France, United Kingdom
How Chanel became British (Part 1 of 3): Chanel takes French leave

In the first quarter of 2022, following a long reorganisation of its operational and shareholding structure, Chanel definitively moved its decision-making and financial core to London. This sleight of hand, which Chanel only acknowledged in a footnote, comes at a time when the Wertheimer brothers, the group's two French shareholders, are paving the way for their succession.

Free access Houses 08.09.2022

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Agnelli
Alain Wertheimer
Almacantar
Arthur Heilbronn
Chanel
Charles Heilbronn
Covea
Exor
Gerard Wertheimer
GMF
MAAF
MMA
Mousse Partners
Mousseluxe SARL
PartnerRe
Rolex Holding

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United Kingdom
Good times: Rolex's investment arm strengthens its London holdings

This article may be accessed by subscribers

Do you want a free trial before subscribing?

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create a free account

Set up email notifications for these topics

France, Switzerland
French competition authority exposes Rolex's 'mystery shoppers'

France
Pinel & Pinel off the hook with Rolex but not with its own shareholder

Switzerland
Montblanc watches burdened by poor performances

United States
TAG Heuer to invest time in huge US expansion

Switzerland
Generational shift at Rolex R&D department

France, Switzerland
Retired Richard Mille still finding time for work

France, United States
TAG Heuer reaps rewards of Barbie fever

Switzerland
Geneva establishment figure calls time on tenure at Rolex

France
Wertheimers banking on new direction for family office portfolio with Rothschild & Co

France
Real estate: insurance giants reign as landlords of luxury

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

Switzerland
Pivotal Rolex organisation director calls time on her career

Canada, France, United States
From Delaware to Canada, the changing home of Wertheimer's stable

France, United Kingdom
How Chanel became British (Part 1 of 3): Chanel takes French leave

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About Glitz.paris

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About Glitz.paris

Subscription

Indigo Publications' websites

Hermès heirs at odds

The geopolitics of fake goods

Jewellery sector's quest for clarity

United Kingdom Good times: Rolex's investment arm strengthens its London holdings

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

France, Switzerland French competition authority exposes Rolex's 'mystery shoppers'

France Pinel & Pinel off the hook with Rolex but not with its own shareholder

Switzerland Montblanc watches burdened by poor performances

United States TAG Heuer to invest time in huge US expansion

Switzerland Generational shift at Rolex R&D department

France, Switzerland Retired Richard Mille still finding time for work

France, United States TAG Heuer reaps rewards of Barbie fever

Switzerland Geneva establishment figure calls time on tenure at Rolex

France Wertheimers banking on new direction for family office portfolio with Rothschild & Co

France Real estate: insurance giants reign as landlords of luxury

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

Switzerland Pivotal Rolex organisation director calls time on her career

Canada, France, United States From Delaware to Canada, the changing home of Wertheimer's stable

France, United Kingdom How Chanel became British (Part 1 of 3): Chanel takes French leave

Set up email notifications for these topics

About Glitz.paris

Subscription

Glitz.paris on social media

Indigo Publications' websites

United Kingdom
Good times: Rolex's investment arm strengthens its London holdings

France, Switzerland
French competition authority exposes Rolex's 'mystery shoppers'

France
Pinel & Pinel off the hook with Rolex but not with its own shareholder

Switzerland
Montblanc watches burdened by poor performances

United States
TAG Heuer to invest time in huge US expansion

Switzerland
Generational shift at Rolex R&D department

France, Switzerland
Retired Richard Mille still finding time for work

France, United States
TAG Heuer reaps rewards of Barbie fever

Switzerland
Geneva establishment figure calls time on tenure at Rolex

France
Wertheimers banking on new direction for family office portfolio with Rothschild & Co

France
Real estate: insurance giants reign as landlords of luxury

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

Switzerland
Pivotal Rolex organisation director calls time on her career

Canada, France, United States
From Delaware to Canada, the changing home of Wertheimer's stable

France, United Kingdom
How Chanel became British (Part 1 of 3): Chanel takes French leave