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The greatest stories are told in chapters. Follow our long-term investigations delving into luxury's deepest secrets.
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Over 300 articles

France, United Kingdom
De Beers goes head-to-head with Cartier in Paris

Before spinning off its De Beers subsidiary, Anglo American is trying to increase the diamond producer's value by developing its jewellery branch's network. The group has signed a costly lease for a shop on the Rue de la Paix, just opposite a Cartier outlet. [...]

Published on 13/06/2024 at 06:00 GMT Reading time 2 minutes

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Houses

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Anglo American
Cartier
CF Invest
De Beers
De Beers Jewellers
Galeries Lafayette
Harrods
Jacques Chirac
Korloff
Mirabaud
Mirabaud Patrimoine vivant
Redblue
Renaud Dutreil
Richard Mille
Richemont
Saks Fifth Avenue

Read also

France
Brookfield eyes new Champs-Élysées property following LVMH deal

Canadian asset manager Brookfield is eyeing a second address on the iconic Paris avenue through Mimco, the fund that ties it to Saudi Arabia's Olayan family. Mimco was behind the Champs-Élysées mega-transaction that saw Brookfield buy the building at number 150 from Groupama before selling it on to LVMH a year later.

Subscribers only Entourage 31.10.2024

France
Bulgari cuts budget for perfume pop-ups

Like its fellow luxury houses, the LVMH-owned jeweller has been investing heavily in cosmetics. This year, the brand expanded its fragrance division with a flurry of pop-up shops.

Subscribers only Houses 17.10.2024

France
Five firms vie to take over insolvent Le Gramme

The men's jewellery brand, founded by a former member of the Isabel Marant and Maison Margiela ateliers, has been in receivership for a year. Its fate should be decided in the coming weeks.

Subscribers only Houses 03.10.2024

Switzerland
Rupert clan bears hefty diamond loss

Richemont's main shareholders waved goodbye to some €50m invested in two South African mines that turned out to be money pits.

Subscribers only Families 19.09.2024

France
A former Richemont staffer in Marine Le Pen's shadow

The far-right Rassemblement National leader's closest aide worked for the Richemont group for several years.

Subscribers only Entourage 04.07.2024

United Kingdom
Banks already at work on De Beers sale

Several banks have already begun to work on the transaction, which promises to be one of the largest and most complex of the year for the luxury sector.

Subscribers only Houses 20.06.2024

Spotlight | Africa, Europe
Luxury sector frets over De Beers sale

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.

Subscribers only Houses 23.05.2024

Mining giant Anglo American announced on 14 May that it was putting diamond producer De Beers up for sale.

Front Row | France
André Messika, the Place Vendôme diamond dealer

As Glitz.paris revealed, jeweller Messika Paris is on the hunt for a new investor. Overseeing that quest is its founder and main shareholder, André Messika, who supplies diamonds to luxury brands and high-net-worth individuals.

Subscribers only Families 18.04.2024

Diamond dealer André Messika.

China
De Beers leads charm offensive in China

With the price of natural diamonds in free fall since the summer and luxury consumption sluggish in Europe and the United States, market leader De Beers is focusing on China to mitigate losses.

Subscribers only Entourage 23.11.2023

United States
De Beers continues crusade against synthetic diamonds in NYC

The lobbying battle that has been raging for several months between players in the natural diamond industry and manufacturers of laboratory stones will come to a head next week at New York City Jewelry Week.

Subscribers only Entourage 09.11.2023

Document | Russia, United States
De Beers and Russian diamonds: Following up on our revelations

Since Glitz.paris disclosed that De Beers sold Russian stones in the United States in 2022, the diamond giant has fiercely denied it - letting slip some revealing information in the process.

Subscribers only Houses 08.06.2023

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Special offer: Only -1d and 6h to take advantage of it

Consult our offers

This offer is open to all new subscribers and runs until 20/12/2024

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Anglo American
Cartier
CF Invest
De Beers
De Beers Jewellers
Galeries Lafayette
Harrods
Jacques Chirac
Korloff
Mirabaud
Mirabaud Patrimoine vivant
Redblue
Renaud Dutreil
Richard Mille
Richemont
Saks Fifth Avenue

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