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France
Luxury freight heists: How Paris cargo hijackers operate

Thefts of luxury cargo near Paris's Charles de Gaulle Airport - like the 16 September hold-up of a lorry laden with Balmain pieces bound for Paris Fashion Week - is an enduring problem that French police are struggling to curb.

France, Italy, United States
Agnelli family, Kering both coveted Versace and Jimmy Choo before Tapestry takeover

Spotlight Tapestry's summer acquisition of Capri, the Versace and Jimmy Choo parent, followed talks with Exor, the Agnelli family's fund, and luxury giant Kering. Glitz.paris has pieced together the episodes, which had remained undisclosed, until now.

Africa, Belgium, China
Antwerp diamond traders cut fresh deals to bypass EU sanctions

In search of an alternative to Russian diamonds, whose trade the EU has been trying to sanction for a year, Antwerp, one of the world's three stone-trading centres, is trying to bring back Zimbabwean diamonds, which have long been under sanctions.

France, United States
After Richemont's lacklustre results, LVMH poised to release its own mid-year report

The 17 July release of Richemont's underwhelming first-half results has sent stock prices falling across the luxury sector. Glitz.paris offers early insight into LVMH's results, set to be made public later this month.

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.

France
Richemont and LVMH not in clover as fresh legal battles blossom

After clashing first over the use of the Vendôme name, and then over the poaching of managers and, potentially, of trade secrets, luxury giants Richemont and LVMH are now squaring off over the intellectual copyright of a range of clover-shaped jewellery.

France
Paris Fashion Week: French federation throws fit about off-calendar shows

Spotlight The strict rules of Paris Fashion Week, already called into question during the pandemic, continue to fuel tensions between brands and France's schedule-setting haute couture federation, the FHCM. To maintain the status quo and keep itself in a job, that body is mounting its defence.

Middle East
Luxury giants go head-to-head with Gulf brands in bid to conquer 'modest fashion' market

To attract clients from the Gulf states, Western luxury brands are calling on headscarf-wearing influencers and launching tailored clothing collections for Ramadan. Meanwhile, local brands, backed by Middle Eastern governments, are trying to fend off that competition in the highly lucrative market.

France, Middle East
Luxury giants change their tune on French rap

Spotlight Having long snubbed French rappers in favour of their American counterparts with bigger audiences, luxury brands are now forced to ingratiate themselves with certain artists as they become indisputably influential.

France
Luxury heavyweights jockey for position with Jacquemus

Spotlight Boasting rising sales and growing appeal among younger consumers, Simon Porte Jacquemus's company is an inviting prospect for major luxury groups. But for now, the young designer's desire for independence has kept their approaches at bay.

Italy
How Kering is trying to ease tensions at luxury menswear subsidiary Brioni

After a decade of redundancies and the ensuing conflict between management and trade unions, workers at Italian suitmaker Brioni have reached an agreement on working hours, thus paving the way for increased production.

China
As EU ban on Xinjiang cotton looms, luxury sector weaves fine line between Western embargoes and Beijing interests

Spotlight With the European Union set to vote in September on whether to ban goods made with forced labour, LVMH, Kering and others are engaged in a delicate balancing act. While luxury giants boost efforts to ensure no Xinjiang cotton is used in their products, they are also avoiding overtly criticising China, a top strategic market.

Russia, United States
Looming Russian diamonds' embargo fails to take shine off sales of its coloured stones

US diplomacy has been pushing to get the G7, which is about to meet in Japan, to discuss a sanctions plan on Russian diamonds. Whatever the outcome of these talks, one thing is certain: emeralds mined for Moscow will continue to be sold freely.

France
Brigitte Macron's penchant for LVMH irks French luxury industry

French President Emmanuel Macron's wife flaunts her unabashed taste for LVMH brands - and Louis Vuitton in particular - to the dismay of rival houses, who long to see the first lady touting the full breadth of French luxury's wares, ambassador-style.

France
The untold story of the tax dispute freezing Karl Lagerfeld's estate

Breaking news published on 02/05/23 at 05:00 GMT - As New York's Metropolitan Museum of Art celebrates Karl Lagerfeld's legacy, the late designer's estate is in stasis over hefty tax debts in Paris. The former Chanel artistic director's unpaid tax bills in France are keeping his eight heirs from collecting their inheritance.

Italy
Family office of Sheikha Moza's luxury adviser loses two key associates

The Egyptian financier Rachid Mohamed Rachid manages Mayhoola, the Qatari royal investment fund that owns Valentino and Balmain. He also runs his own luxury-focused family office on the side, Alsara Investment Group, which has just lost two high-calibre associates.

France
French Senate revisits issue of extremely thin models

In 2017, France introduced a law banning dangerously thin models from catwalks that has had little effect since. Former health minister Agnès Buzyn pushed for a reform, but later dropped the issue. Now members of the Senate are picking it back up again.

United Kingdom, United States
Silicon Valley wealth manager Divesh Makan boosts Stella McCartney's board

Divesh Makan, whose multi-family office includes Facebook, Instagram and Twitter founders among its clients, has quietly joined the board of fashion designer Stella McCartney's UK holding company.