LVMH clears tenants from its Milan palazzi
The French luxury giant is terminating its tenants' leases early, before carrying out major renovation work on the Milanese palazzi the company acquired last year.
Subscribers only Italy
21.11.2024
Estée Lauder's golden Tom Ford licence
Despite the difficulties Tom Ford has encountered, its operator Ermenegildo Zegna still pays substantial royalties to Estée Lauder, which owns the brand and its intellectual rights. Glitz.paris details the sums involved.
Free access Italy, United States
21.11.2024
Jacques Marie Mage to open flagship store in Paris
Luxury eyewear label Jacques Marie Mage has just one boutique at present, in the Venice district of Los Angeles, but sources tell Glitz.paris that the brand is preparing to open a second store in an exclusive area of the French capital.
Subscribers only France, United States
21.11.2024
French court makes Printemps pay hefty VAT bill for Chinese customer ‘guide'
An audit by French tax authorities uncovered the underhand methods used by Printemps to pay a "guide" responsible for attracting Chinese tourists to the department store. The company had to pay a hefty VAT bill.
Subscribers only China, France
21.11.2024
