Harrods is clearly not suffering from the cloud hanging over many of its sector peers further down the price chain and like luxury rivals Selfridges and Harvey Nichols, luxury and tourist spending has sent profits up.
Troubled jewellery maker Folli Follie said in a bourse filing on Wednesday that its chairman and vice-chairperson resigned after a preliminary audit revealed discrepancies in its 2017 financial statements.
A pink diamond weighing in at almost 19 carats is set to go on tour before being auctioned in Geneva and could fetch a record price of between $30 million (£23 million) and $50 million, Christie’s announced on Tuesday.
There are few more fertile imaginations in European fashion today than Marine Serre. Her clothes are hybrid and experimental; don’t really follow mainstream trends and were shown with zest and novelty Tuesday in Paris.