Rattled by the violent demonstrations in Tehran, the Iranian regime retains a handful of striking real estate assets inside Paris's coveted Golden Triangle. But it can't sell them off or move on while sanctions persist.
Young French designer Simon Porte Jacquemus's success set him up to acquire a rap star's duplex in Paris. Now he has opened a temporary shop on the French capital's Avenue Montaigne.
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Twelve years after the aborted LVMH raid on Hermès, and three years after the expiry of the non-aggression pact negotiated between the luxury giant and the Faubourg St Honoré based leather goods manufacturer, the status of the shares of one of the few members of the three shareholding families to have joined forces with LVMH, Nicolas Puech, remains shrouded in mystery.
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LVMH has been interviewing for a new head of protection for the group in the wake of former magistrate Laurent Marcadier's departure.
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Chanel Ltd, the new British parent company of the brand founded by Coco Chanel, has two quiet but formidable figures from the Swiss luxury world on its board.
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To make good on their countless environmental commitments, luxury giants are furiously seeking out substitute leathers and furs for their bags and coats. Their quest has turned into a pitched battle centred on a handful of subcontractors and specialised start-ups.
When Paris Fashion Week shows drew to a close on 4 October, the fashion houses started counting their coffers. Equatorial Guinea's presidential family has long held a special place among the small group of those wealthy enough to purchase the clothes and accessories featured on the catwalks.
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