Entourage

France, Switzerland
Ex-minister Renaud Dutreil on verge of joining Lazard despite lacklustre performance in luxury with Mirabaud

The former French government minister, who joined the Swiss banking group Mirabaud in 2017, looks set to join Lazard bank as a senior adviser. But his appointment comes against a backdrop of his Mirabaud Patrimoine Vivant fund losing over 20% of its value.

Subscribers only 08.05.2025

Front Row | France
Laure de La Rivière, the woman who sells Paris dream homes to the world's ultra-rich

Laure de La Rivière oversees the sale of dream properties to the mega-rich. © Studio Pachamama

Subscribers only Running story - Karl Lagerfeld's former home 08.05.2025

China, European Union
Counterfeiters register fake brands at EU intellectual property body

On 10 March, EUIPO had to cancel the trademark for a brand called ‘Mike Kemi', a clear imitation of Michael Kors. Counterfeiters are increasingly registering their copied brands with the European institution.

Subscribers only 08.05.2025

Spotlight | Qatar, United Kingdom
Irish hotelier and Qatari royal engage in bitter battle of narratives

Patrick McKillen and HBJ, the two luxury hotel magnates engaged in a bitter court and media battle. © Studio Pachamama

Subscribers only Running story - Luxury hotel hostilities 01.05.2025

France, Switzerland
Airport boutiques targeted by second-hand dealers

To escape the strict checks carried out in the major luxury brand outlets, second-hand dealers have taken to shopping for rare items at airport boutiques. The phenomenon was highlighted by a recent affair involving the Rolex boutique managed by Galeries Lafayette at Paris-Charles de Gaulle Airport.

Subscribers only Running story - The second-hand market 01.05.2025

France
Goshayeshi family eager to buy its way into luxury sector

The AA Investments holding company has been putting in offers for e-commerce websites as well as prêt-à-porter and cosmetics brands on a regular basis.

Subscribers only 01.05.2025

Spotlight | France
Under the bonnet: how Havas hoovered up LVMH's F1 sponsorship spend

Communications giant Havas, a subsidiary of Vincent Bolloré's Vivendi group, is in charge of distributing LVMH's advertising budgets in the press and has control over its sponsorship spending in sport, particularly in Formula 1. This relationship reflects the long-standing proximity between LVMH boss Bernard Arnault and Bolloré, as well as ties between some of the two groups' top executives.

Subscribers only Entourage 24.04.2025

LVMH has delegated almost all of its F1 sponsorship operations to Havas.

United States
US brands struggle to repatriate production to escape Trump tariffs

To avoid exorbitant tariffs gradually being introduced by the Trump administration, US brands are seeking to increase their production on home soil. This is no easy task.

Subscribers only Entourage 24.04.2025

France
Luxury sector dodges cash payment caps at the eleventh hour

At the request of the French finance ministry, an amendment that would have virtually put an end to cash payments by tourists in luxury boutiques in France has been withdrawn from a bill designed to crack down on the laundering of drug money.

Subscribers only Entourage 24.04.2025

Spotlight | France
Hidden back payment returns to haunt Sisley director

Financier and racehorse stable owner Charles-Hubert Le Vaillant de Chaudenay has been a director of the luxury cosmetics group Sisley since 2015. He now finds himself at the centre of a mysterious €2.6m payment unearthed by the tax authorities and implicating several other luxury sector investors.