Home to Chanel's former artistic director Karl Lagerfeld for over 30 years, the 18th-century mansion on Paris's Rue de l'Université is gradually inviting the world of luxury back inside. Driving this revival has been its owner, the state of Gabon.
True to the compromise family members struck in April, Alexandre Barrière took over as head of their family office, which owns 60% of Groupe Barrière. He has since changed the rights associated with the family shares, allowing for closer alignment between his operational and shareholder powers.
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Under fire from tax authorities over sizeable transfers to Hong Kong, the luxury pen and lighter manufacturer S.T. Dupont fought to avoid sanctions. But to no avail.
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Via ready-to-wear trade shows, European brands are ramping up their efforts to expand stateside.
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Can one model for Ami while remaining a "friend of the house" at Chanel? That's the balancing act that actress Ana Girardot has been trying to pull off.
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Until now, and unlike in Paris, London and Milan, the big names in luxury have not been allowed to display their products on the huge panels that cover scaffolding in New York. But new legislation could be about to change that.
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In search of an alternative to Russian diamonds, whose trade the EU has been trying to sanction for a year, Antwerp, one of the world's three stone-trading centres, is trying to bring back Zimbabwean diamonds, which have long been under sanctions.