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

The family that owns the eponymous Spanish brand has sold its stake in one of the two towers housing its headquarters in Barcelona.

Qatari royal family
The hidden millions spent by Doha dynasty on New York Printemps

Although the opening of the first branch in the US of the Parisian department store at One Wall Street has been a success, the project has required considerable investment from its owners.

Rupert family
Richemont shareholders look forward to bumper dividend year

Rupert Family
Richemont shareholders to reap record dividends

The Barrière-Desseigne family
Fouquet's owners hoard their dividends

Kering
Revealing unknown offence lets Gucci cut European fine in half

Facing legal action in a European Commission price-fixing investigation, the fashion house has negotiated leniency by confessing to a major infraction in antitrust law previously unknown to Brussels.

LVMH
Fendi mainstay departs after 26 years

The exodus of top executives from the Italian luxury fashion house may have slowed, but it hasn't halted altogether. In late March, the Rome-based luxury fashion house dismissed its longstanding head of advertising, without appointing a replacement.

Frexit
Off-White calls time on French branch

Although the brand created by Virgil Abloh, and which was sold by LVMH to Bluestar, has just launched in India, it has quietly wound up its subsidiary in France.

LVMH
Bernard Arnault upgrades chairman's office with a chief of staff

Accor AGM
Contested CEO Bazin gets timely endorsement ahead of pay vote

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

Finding itself with a reduced cash flow as it pursues its multi-year campaign to expand internationally, the perfumer has been turning to temporary outlet stores since 2024.

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

National Assembly
French far-right MPs tire of luxury sector

L'Oréal
French beauty giant lobbies MPs over spa therapy