How Hermes became Europe’s biggest family fortune after spurning LVMH’s ‘wolf in cashmere’

How Hermes became Europe’s biggest family fortune after spurning LVMH’s ‘wolf in cashmere’

Fifth and sixth-generation Hermes owners stopped the “wolf in cashmere” making their luxury brand another label in LVMH’s stable of about 75 brands that includes Louis Vuitton and Christian Dior.

  • byTara Patel andAngelina Rascouet

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Princess Diana dress fetches more than $1.7 million at auction

Princess Diana dress fetches more than $1.7 million at auction

A dress worn by Diana,Princess of Wales,has become the most expensive item of her clothing to be sold after fetching 11 times the asking price at auction.

  • byVictoria Ward
Louis Vuitton takes hold of the Australian Open’s top prize

Louis Vuitton takes hold of the Australian Open’s top prize

French luxury label Louis Vuitton is the official trophy trunk partner of the 2024 Australian Open.

  • byDamien Woolnough
Hold on to your pants,the year’s hottest accessory comes at a cost

Hold on to your pants,the year’s hottest accessory comes at a cost

The trophy belt is about decoration – not utility.

  • byMelissa Singer
Perth’s Park Avenue:Luxury brand influx transforming the CBD

Perth’s Park Avenue:Luxury brand influx transforming the CBD

The Perth retail landscape will get the biggest shake-up in decades as high-end labels line up along Murray Street.

  • byMark Naglazas
Criminals target luxury goods to wash dirty money on ‘industrial scale’

Criminals target luxury goods to wash dirty money on ‘industrial scale’

Sydney has become a magnet for luxury goods money laundering with items being resold on a booming secondary market.

  • byAndrew Hornery
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The November 5 Edition
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Sunday Life

The November 5 Edition

In our cover story this week,Helena Christensen talks about her love of the outdoors,her passion for photography and why she is obsessed with underwear!

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Helena Christensen:‘It’s more fun modelling at 54 than when I was 20’

Helena Christensen:‘It’s more fun modelling at 54 than when I was 20’

“It was very intense back then,because the fashion world was exploding,” says the half-Peruvian,half-Danish supermodel who shot to fame in the ’90s.

  • byBethan Holt
Why Gucci just can’t keep up with Hermes and Brunello Cucinelli

Why Gucci just can’t keep up with Hermes and Brunello Cucinelli

Kering does have some levers it can pull to reorient the business towards the twin drivers of understated luxury and the super-rich’s enduring purchasing power.

  • byAndrea Felsted
Local heroes:Australian-made fashion labels that deserve your money

Local heroes:Australian-made fashion labels that deserve your money

More homegrown designers are offering affordable ways into their brands,including one that wants to be the next Jacquemus.

  • byMelissa Singer
New York’s $US140m family feud that’s like Succession – but starring women

New York’s $US140m family feud that’s like Succession – but starring women

A once-close Italian clan,a luxury jewellery brand – and a nasty legal battle.

  • byAnne McElvoy