The eternal rivalry between luxury giants LVMH and Kering acquired legendary status during their battle to buy Gucci in the 1990s. But that duel is gradually being eclipsed by the tug-of-war between the Bernard Arnault-led group and hotel giant Accor in the high-end hospitality sector.
The latest legal tussle between self-styled heir Rodrigo Basilicati-Cardin and the designer's 21 other nephews and nieces is rife with twists and turns. The prizes at stake are control of the Cardin brand, the iconic Maxim's restaurant, and properties in Venice, Paris and the south of France.
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The highest court in France has made final a tax adjustment of over €30m that the Benmussas, a family of stone and gem merchants, had been trying to shake for more than a decade.
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The Paris modern art museum relies on the private sector for 60% of its funding, much of which comes from luxury goods companies. But questions have been raised over whether the Palais de Tokyo is too close to some of its sponsors and the effect that might have on the artworks displayed.
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French cashmere jumper and accessories manufacturer Eric Bompard is finally set to appoint a new managing director, after a six-month search and a long series of turndowns.
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Luxury brands and art galleries are now omnipresent in Arles. Their arrival is in large part thanks to the Swiss heiress to the Hoffmann-Laroche pharmaceuticals group, who opened an arts and culture centre in the southern French city in 2021.
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The 26-year-old French influencer is a favourite with brands, despite lacklustre impact figures.
European customs authorities have recorded a significant decrease in seizures of counterfeit products. But while the number of seizures has dropped, the value of products seized is steadily increasing, as counterfeiters shift their focus to luxury products.
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EssilorLuxottica - the global eyewear leader that provides frames for Chanel, Bulgari, Giorgio Armani and Prada - put an end to its representation contract with PR firm Catherine Miran in September. The move could spell the end for the agency.
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