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Alessandro Michele made his couture debut at Valentino and Schiaparelli revived the corset

LVMH’s reported figures don’t yet reflect much of a softening in the American market

Barolo, Barbaresco and other high-end wines made in Langhe region hire undocumented labourers

Chief executives warn that Michel Barnier’s plan will reverse Emmanuel Macron’s business-friendly reforms

Company’s products sold abroad last year totalled €23.5bn, underscoring importance of country’s luxury sector

Called as witness, Bernard Arnault insists he had no knowledge of illegal efforts to infiltrate activists’ group

Weaker than expected profits add to investor concerns about demand in China and industry outlook

Luxury bellwether regains crown as drugmaker slips on concerns it will have to cut weight loss medication prices in US

Profits at world’s largest luxury company also come in below expectations, adding to investor jitters

If luxury spend is set to normalise rather than crash, the shares deserve a second look