Caught off-guard by Anglo American's announcement that it is considering selling De Beers, the luxury giants that are the diamond producer's top customers are closely monitoring the transaction.
The leather goods brand is the only luxury giant still seeing double-digit growth, but its three shareholder families received dividends that were half of those reaped by LVMH owner Bernard Arnault's family.
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The Kering founder has made a substantial donation to Paris's Saint-Sulpice Church to help restore the art in its Lady Chapel.
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Since CEO Bastien Daguzan's departure six months ago, Simon Porte Jacquemus has been juggling the brand's creative direction and its operational management, just as the company prepares to open three boutiques abroad amid stagnating growth.
In an effort to stem its colossal debts, the iconic hotel on Paris's Place Vendôme has asked French tax authorities to reimburse part of its tax bill from the 2020 lockdown.
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The difficulty of tracing the provenance of precious stones comes back to haunt jewellers when they get robbed, as was the case just days ago for Harry Winston and back in 2021 for Chaumet.
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The back-and-forth between Michael Burke and Sidney Toledano at the helm of LVMH Fashion Group has left Angeloglou, the former head of L'Oréal France, as the only stable boss in the luxury giant's haute couture holding company.
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The luxury giant is turning the rooftop of its Cheval Blanc hotel into a terrace where a select list of guests on 26 July will have a bird's eye view on the Paris 2024 opening ceremony along the Seine River below.
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US second-hand luxury site The RealReal has presented its shareholders with mixed first-quarter results.
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