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Next issue: 25 August 2026

France
Pinault family tops up coffers of struggling Courrèges

LogoSubscribers only By Zélie de Crécy
2 min read Lire en français

Despite the success of Nicolas Di Felice's collections, the iconic Paris fashion house had run up heavy debts, most of which the Pinaults, who own 100% of its shares, recently wiped clean.

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It turns out that ex-chancellor Nadhim Zahawi is behind the fund that now owns the Cheval Blanc site in London.
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De Beers has pledged to stump up $8m to help the Natural Diamond Council lobby against lab-grown stones.
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