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Houses

Short sellers make beeline for Kering

The luxury group owned by the Pinault family has already seen two hedge funds shorting its stock, and a third investor has now entered the fray.

Subscribers only France, United States 01.05.2025

Ecologists seek to send Vuitton's giant Champs-Élysées trunk packing

Determined to combat what they see as the encroachment of luxury brands into public spaces, Ecologist councillors have taken legal action against the ‘trunk' hiding works on the Vuitton building on the French capital's most famous avenue. The move comes less than a year ahead of the city's next municipal elections.

Subscribers only France 25.04.2025

Short sellers target Kering

Two major hedge funds are shorting the group that owns Gucci and Saint Laurent which has seen its share price tumble from €346 to €164 over the course of a year.

Subscribers only France, United Kingdom 24.04.2025

No Cannes do: Saint Laurent's red carpet dreams unravel

Banking on the Cannes selection of American director Jim Jarmusch's new film, which its subsidiary co-produced, Saint Laurent had lined up a lavish party at a legendary venue. But when the festival snubbed the feature, the house was left with a grand plan and nowhere to go.

Free access France 24.04.2025

Matthieu Blazy's contract with Chanel breaks with Virginie Viard era

To be able to recruit Matthieu Blazy as artistic director, Chanel had to accept a different kind of contract from the one it had been using since 2019.

Subscribers only France, United Kingdom 24.04.2025

BNP and Olayan Group redraw the map at Parisian luxury hub

Having obtained planning permission for their mega-project on the corner of Rue François-Ier and Rue Marbeuf, the French bank and the Saudi fund have begun work to accommodate a bevy of luxury brands.

Subscribers only France 24.04.2025

How Zegna regained control of its brands in South Korea

The Ermenegildo Zegna group has spent lavishly to regain control of its Thom Browne and Zegna stores in South Korea, which were previously operated in partnership with Samsung.

Subscribers only Italy, South Korea Houses 24.04.2025

TAG Heuer due to recover millions from bankrupt dealer

In a decision dated 10 April, the Lyon Court of Appeal ruled in favour of watch brand TAG Heuer, now part of LVMH Swiss Manufactures, in a dispute with a former distributor, Logo, based in France.

Subscribers only Switzerland Houses 24.04.2025

Tiffany's caught in crossfire of US-China trade war

The American jeweller now owned by LVMH finds itself on the front line in the trade war between Washington and Beijing.

Free access China, United States Houses 17.04.2025

Lanvin still in the red seven years after Fosun takeover

A dispute between Lanvin, now a subsidiary of China's Fosun group, and its former showroom operator has lifted the veil on the company's finances, which show an accumulation of losses.

Subscribers only China, France Houses 17.04.2025

Gucci makes space for Brioni in its future Paris megastore

The tailor Brioni will move into the former Le Castiglione restaurant in Paris by 2026. The premises are part of a giant complex that will house the Gucci megastore, not far from Place Vendôme.

Subscribers only France Houses 17.04.2025

Front Row
Kate Wylie gives Fondation Chanel a revamp

During the last three years, the former head of sustainability at the Mars confectionery group has totally restructured Chanel's philanthropic arm, which manages $200m worth of assets and distributes some €20m in grants per year.

Subscribers only United Kingdom Houses 17.04.2025

British national Kate Wylie has overhauled Chanel's philanthropic arm.

Reservoir Watch changes hands

Reservoir Watch, the Parisian watchmaker placed in receivership in January, was hoping to find some last-minute financing to avoid a change in ownership. Its efforts were unsuccessful.

Subscribers only France Houses 17.04.2025

Louboutin ordered to pay heavy arrears by Italian tax authorities

Christian Louboutin's production plants in Italy have run into trouble with the Italian taxman over the prices they charge other group subsidiaries for their products. Until now, Louboutin, which is structured around holding companies in Switzerland and Luxembourg, has managed to avoid such pitfalls.

Subscribers only France, Italy Houses 10.04.2025

With new Paris flagship yet to open, Gucci's Rue Royale store is struggling

The results of Gucci's existing flagship on Paris's Rue Royale are well below what is expected for an outlet of its size. A poor performance linked in part to operational problems.

Subscribers only France Houses 10.04.2025

Hermès battle against internal counterfeiters suffers setback

Five years after getting a group of employees convicted for making fakes of the luxury brand's bags, Hermès has suffered a legal setback after a court ruled against it over its sacking of an employee it accused of failing to denounce the counterfeiting network.

Subscribers only France Houses 10.04.2025

Lumps and bumps as Ritz Paris rolls out pâtisserie plans

Riding on the success of its first pastry shop on the hotel's premises, the Ritz is about to open a second outlet in Paris, with an international launch on the horizon. This rapid expansion, part of a broader diversification strategy, is causing a number of problems internally.

Free access France Houses 03.04.2025

Will Chaumet reclaim its freedom from Chalhoub?

Chaumet, which, like many LVMH brands has a foothold in the Middle East through its Emirati distributor Chalhoub Group, holds an option to regain control of its distribution channels in 2036.

Subscribers only France, Middle East Houses 03.04.2025

Bulgari loses legal battle against APM Monaco

The Roman jeweller Bulgari, which has been bought by LVMH, is in court proceedings with APM Monaco, which it accuses of counterfeiting and whose social media accounts it has had suspended. The small Monégasque brand considers Bulgari's methods abusive and unfair.

Subscribers only France, Monaco Houses 03.04.2025

Korloff's long-time Lebanese supplier chases unpaid debts

The Parisian jeweller, controlled by the Mirabaud Patrimoine Vivant fund, is sinking deeper into debt with a range of suppliers. One of its jewellery manufacturers in Lebanon is now seeking more than €1m through the French courts.

Subscribers only France, Lebanon Houses 03.04.2025

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Houses

Short sellers make beeline for Kering

Ecologists seek to send Vuitton's giant Champs-Élysées trunk packing

Short sellers target Kering

No Cannes do: Saint Laurent's red carpet dreams unravel

Matthieu Blazy's contract with Chanel breaks with Virginie Viard era

BNP and Olayan Group redraw the map at Parisian luxury hub

How Zegna regained control of its brands in South Korea

TAG Heuer due to recover millions from bankrupt dealer

Tiffany's caught in crossfire of US-China trade war

Lanvin still in the red seven years after Fosun takeover

Gucci makes space for Brioni in its future Paris megastore

Front Row
Kate Wylie gives Fondation Chanel a revamp

Reservoir Watch changes hands

Louboutin ordered to pay heavy arrears by Italian tax authorities

With new Paris flagship yet to open, Gucci's Rue Royale store is struggling

Hermès battle against internal counterfeiters suffers setback

Lumps and bumps as Ritz Paris rolls out pâtisserie plans

Will Chaumet reclaim its freedom from Chalhoub?

Bulgari loses legal battle against APM Monaco

Korloff's long-time Lebanese supplier chases unpaid debts

About Glitz

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Glitz on social media

Indigo Publications' websites

About Glitz

Subscription

Indigo Publications' websites

Louis Vuitton

Dior

François Pinault

Brigitte Bardot

De Beers

Houses

Short sellers make beeline for Kering

Ecologists seek to send Vuitton's giant Champs-Élysées trunk packing

Short sellers target Kering

No Cannes do: Saint Laurent's red carpet dreams unravel

Matthieu Blazy's contract with Chanel breaks with Virginie Viard era

BNP and Olayan Group redraw the map at Parisian luxury hub

How Zegna regained control of its brands in South Korea

TAG Heuer due to recover millions from bankrupt dealer

Tiffany's caught in crossfire of US-China trade war

Lanvin still in the red seven years after Fosun takeover

Gucci makes space for Brioni in its future Paris megastore

Front Row Kate Wylie gives Fondation Chanel a revamp

Reservoir Watch changes hands

Louboutin ordered to pay heavy arrears by Italian tax authorities

With new Paris flagship yet to open, Gucci's Rue Royale store is struggling

Hermès battle against internal counterfeiters suffers setback

Lumps and bumps as Ritz Paris rolls out pâtisserie plans

Will Chaumet reclaim its freedom from Chalhoub?

Bulgari loses legal battle against APM Monaco

Korloff's long-time Lebanese supplier chases unpaid debts

About Glitz

Subscription

Glitz on social media

Indigo Publications' websites

Front Row
Kate Wylie gives Fondation Chanel a revamp