Your account has been succesfully created.

EN FR

The Morning Brief
Log in

Password

Keep me logged in

Forgot your password?
Subscribe

Front Row
Running stories

Running stories
The greatest stories are told in chapters. Follow our long-term investigations delving into luxury's deepest secrets.
All Running stories

Hermès heirs at odds
Houses

The geopolitics of fake goods
Houses

Jacquemus, season 2
Houses

Password

Keep me logged in

Forgot your password?
Over 300 articles

France
Cartier in tug-of-war with Qatari royal family

The Qatari royal family's real estate holding company, which owns the Place Vendôme building that houses Cartier's Paris flagship, tried to raise the jeweller's rent massively. [...]

Published on 01/02/2024 at 06:00 GMT Reading time 2 minutes

This article may be accessed by subscribers

In order to ensure high-quality and independent journalism, Glitz.paris relies solely on subscriptions from its readers, with no advertising, no events and no consulting work.

Several offers are available depending on your particular reading needs

Consult our offers

Do you want a free trial before subscribing?

Create your free account

Discover our work by making use of the following possibilities: daily newsletters, a selection of free articles, keyword alerts.

Do you want a free trial before subscribing?

create a free account

Read this article here:

Houses

Set up email notifications for these topics

Cartier
Chadia Clot
Chopard
French Properties Management
Louis Vuitton
LVMH
Lys Vendôme
Maybourne Hotels Group
Printemps
Richemont
Schefeule
Ziyad Clot

Spotlight | France
Kering looks to cut Gucci losses with sale of Vendôme quarter flagship building

Two years after acquiring four buildings for nearly €800m in Paris's Place Vendôme district, Kering still plans to open a giant Gucci store there. But the François-Henri Pinault-led luxury group wants to sell the properties to cut costs and keep only a minority stake.

Subscribers only Houses 14.11.2024

Kering is still planning to set up a Gucci megastore in Paris's Place Vendôme district.

Front Row | France
Benjamin Cymerman, king of the road for Paris luxury fashion

Paris has signed an agreement with a local business group to redevelop the Rue du Faubourg Saint-Honoré, one of the city's most important luxury fashion thoroughfares. Benjamin Cymerman is the man behind the unprecedented partnership.

Subscribers only Entourage 07.03.2024

Benjamin Cymerman heads the Comité du Faubourg Saint-Honoré.

Spotlight | France, United Kingdom
Ritz Paris's future hangs in the balance

While the heirs to the iconic hotel on Paris's Place Vendôme debate its future following the death of owner Mohamed Al Fayed last year, would-be buyers are all ears.

Subscribers only Families 29.02.2024

The Ritz Paris, on the French capital's Place Vendôme.

France
Jeweller Damiani announces China expansion as work continues on Paris boutique

The Italian jeweller Damiani on 15 January announced that it would be opening two new shops in China, in Shanghai and in Sanya, on the tax-free island of Hainan.

Subscribers only Houses 08.02.2024

United States
Kering readies its big brands to do battle on Fifth Avenue

Kering's purchase of a 10,700m² space on NYC's main luxury thoroughfare marks the start of a period of relocation for the group's brands along one of the Big Apple's most exclusive streets.

Free access Houses 25.01.2024

Spotlight | France
La Samaritaine: the iconic Paris department store that became a burden for LVMH

Two years after its much-touted reopening, the veritable institution that LVMH spent €750m renovating in the heart of the French capital is struggling to pull in customers.

Subscribers only Houses 07.09.2023

La Samaritaine, the Paris institution refurbished by Bernard Arnault's LVMH, is struggling to find customers.

Front Row | France, UAE
The Seddiqi family, L'Oréal's new partner in Dubai

In acquiring luxury cosmetics brand Aesop, L'Oréal inherits a partnership with one of Dubai's leading luxury dynasties.

Subscribers only Families 13.07.2023

Spotlight | Saudi Arabia, Switzerland
The secret negotiations paving the way for Richemont's rise in Saudi Arabia

Just as major luxury brands are jostling for a foothold in the coveted Saudi market, Swiss giant Richemont has signed a major agreement in the country. The contract opens the door to the local market, as well as offering an opportunity to tap into the stream of wealthy visitors making Hajj pilgrimages to the kingdom.

Subscribers only Houses 27.04.2023

Swiss group Richemont will open a TimeVallée shop at a strategic location in Saudi Arabia.

Spotlight | Middle East
Qatar mega-mall Place Vendome stakes claim on luxury windfall

Qatar is intent on recouping some of the funds its nationals spend in the boutiques of Paris, London and Geneva. With some of the world's most avid luxury consumers, the emirate is growing its own investment in the sector, sharpening its efforts before football's World Cup kicks off there in November.

Subscribers only Entourage 29.09.2022

Place Vendôme shopping centre, located in the new district of Lusail, 15 km from Doha.

Set up email notifications for these topics

Cartier
Chadia Clot
Chopard
French Properties Management
Louis Vuitton
LVMH
Lys Vendôme
Maybourne Hotels Group
Printemps
Richemont
Schefeule
Ziyad Clot

Once registered, you will be notified by a short message on your computer or mobile phone as soon as a new edition of our publication or an alert is published. Stay informed anytime, anywhere!

France
Cartier in tug-of-war with Qatari royal family

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Set up email notifications for these topics

Spotlight | France
Kering looks to cut Gucci losses with sale of Vendôme quarter flagship building

Front Row | France
Benjamin Cymerman, king of the road for Paris luxury fashion

Spotlight | France, United Kingdom
Ritz Paris's future hangs in the balance

France
Jeweller Damiani announces China expansion as work continues on Paris boutique

United States
Kering readies its big brands to do battle on Fifth Avenue

Spotlight | France
La Samaritaine: the iconic Paris department store that became a burden for LVMH

Front Row | France, UAE
The Seddiqi family, L'Oréal's new partner in Dubai

Spotlight | Saudi Arabia, Switzerland
The secret negotiations paving the way for Richemont's rise in Saudi Arabia

Spotlight | Middle East
Qatar mega-mall Place Vendome stakes claim on luxury windfall

Set up email notifications for these topics

About Glitz.paris

Subscription

Glitz.paris on social media

Indigo Publications' websites

About Glitz.paris

Subscription

Indigo Publications' websites

Hermès heirs at odds

The geopolitics of fake goods

Jacquemus, season 2

France Cartier in tug-of-war with Qatari royal family

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Set up email notifications for these topics

Spotlight | France Kering looks to cut Gucci losses with sale of Vendôme quarter flagship building

Front Row | France Benjamin Cymerman, king of the road for Paris luxury fashion

Spotlight | France, United Kingdom Ritz Paris's future hangs in the balance

France Jeweller Damiani announces China expansion as work continues on Paris boutique

United States Kering readies its big brands to do battle on Fifth Avenue

Spotlight | France La Samaritaine: the iconic Paris department store that became a burden for LVMH

Front Row | France, UAE The Seddiqi family, L'Oréal's new partner in Dubai

Spotlight | Saudi Arabia, Switzerland The secret negotiations paving the way for Richemont's rise in Saudi Arabia

Spotlight | Middle East Qatar mega-mall Place Vendome stakes claim on luxury windfall

Set up email notifications for these topics

About Glitz.paris

Subscription

Glitz.paris on social media

Indigo Publications' websites

France
Cartier in tug-of-war with Qatari royal family

Spotlight | France
Kering looks to cut Gucci losses with sale of Vendôme quarter flagship building

Front Row | France
Benjamin Cymerman, king of the road for Paris luxury fashion

Spotlight | France, United Kingdom
Ritz Paris's future hangs in the balance

France
Jeweller Damiani announces China expansion as work continues on Paris boutique

United States
Kering readies its big brands to do battle on Fifth Avenue

Spotlight | France
La Samaritaine: the iconic Paris department store that became a burden for LVMH

Front Row | France, UAE
The Seddiqi family, L'Oréal's new partner in Dubai

Spotlight | Saudi Arabia, Switzerland
The secret negotiations paving the way for Richemont's rise in Saudi Arabia

Spotlight | Middle East
Qatar mega-mall Place Vendome stakes claim on luxury windfall