Estée Lauder
Family power dynamics shift amid attempted Puig merger

As talks with the Catalan company were in progress, Ronald Lauder, one of Estée Lauder's two sons, transferred part of his stake and voting rights in the cosmetics giant to his daughter Aerin.

Courtin family
Clarins owners reinvest dividends in and beyond luxury industry

The heirs of founder Jacques Courtin, who own 100% of the company, have entrusted their earnings from the luxury cosmetics brand to a small handful of fund managers who reinvest on their behalf.

Inditex
Zara luxury strategist Marta Ortega set for big salary boost

Puig
Not-for-sale fashion group cuts costs by letting go of iconic property

High society
Pinaults storm summer social thanks to host Salma Hayek

The celebrated actress and wife of François-Henri Pinault will be guest of honour at the London-based Serpentine Gallery's annual event, much to the chagrin of patrons and guests from other corners of the luxury world.

LVMH
Dior Beauty's luxury travel agency takes off

Having expanded its business by installing spas in major hotels and organising wellness retreats, the brand's cosmetics division is poised to enter the tourism sector. The shift coincides with the appointment of a travel industry professional to the LVMH board.

Accor
Knives out as CEO Bazin bounces back from shareholder revolt

After Accor shareholders approved his earnings by a hair's breadth, the embattled head of the hotel giant is looking for answers, in an atmosphere of extreme paranoia.

Kering
Revealing unknown offence lets Gucci cut European fine in half

LVMH
Fendi mainstay departs after 26 years

Frexit
Off-White calls time on French branch

Luxury hotels
Patrick McKillen continues to disrupt Maybourne's Paris project

Having won both arbitration cases against his former hotel group, the ultra-luxury hospitality magnate continues to harass its new owners, the Qatari royal family. Now, he's mortgaged one of their main ventures in the French capital, just as they are in the process of selling new exclusive properties.

Sponsorship
Beaux-Arts turns again to luxury labels to help pay its bills

To help finance a hefty renovation bill, the Paris art school is increasingly seeking out more partnerships with luxury brands, with the Chinese label Icicle expected to hold a fashion show there in September.

La Vallée Village
Diptyque's new pop-up store reflects mounting cash shortages

Money laundering
Yachts and private jets fly under French finance ministry's radar