Swiss luxury giant Richemont (Cartier, Van Cleef & Arpels, Chloé, etc.) has acquired a string of properties in luxury capitals around the world through two real estate companies registered on the island of Jersey.
Lanvin debuted on the New York Stock Exchange last week after merging with a SPAC that counts the Cheng family - who control the Rosewood luxury hotel group - among its shareholders.
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Paris Society restaurant and events group founder Laurent de Gourcuff recently became one of the upscale French Ile de Ré's principal property owners.
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The two-year-old Chanel Culture Fund - run by Yana Peel, former head of Serpentine Galleries - provides long-term support to a handful of cultural institutions but asks that they commit to strict conditions in exchange.
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Two years after giving out new duty-free operating licences on the island of Hainan, China's government is preparing another revolution in tax-free luxury shopping: duty-free shops in the hearts of cities.
Famed for its VIP clientele, César Paris, located on the French capital's Avenue de Wagram, is set to open two other establishments next year, including one just behind the fashionable Place Vendôme.
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