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@darkluxury.news
What the luxury industry is worried about, and what it should be worried about are not necessarily aligned.

That’s what we leaned at this week’s #FTLuxury summit in Barcelona

open.substack.com/pub/darkluxu...
May 21, 2025 at 5:06 PM
Art dealer and BBC Bargain Hunt expert Oghenochuko Ojiri leaves court after admitting that he failed to report a series of art sales to a man linked to proscribed terror group Hezbollah

He’s one of the subjects of today’s newsletter later today open.substack.com/pub/darkluxury
May 9, 2025 at 10:12 AM
How will Trump's tariffs affect luxury businesses? Let us count the ways
April 4, 2025 at 3:56 PM
As one of the most expensive single items an American consumer can buy, their response gives us a flavour of the potential impact of trade tariffs at the upper end of the luxury market
April 3, 2025 at 12:56 PM
‘There is going to be pain’

Dark Luxury spoke to a dozen Lamborghini dealers in the US about the prospect of Trump's 25% tariffs

Here's what they said they said 🧵
April 3, 2025 at 12:56 PM
Here's a photo taken by Dark Luxury in the shop the next day, showing shelves stocked with what appeared to be counterfeit Marc Jacobs, Valentino and Coach handbags
March 28, 2025 at 5:09 PM
Dark Luxury can exclusively reveal how much of this activity appears to be missing the mark

Here's a photo taken during a police raid on a shop on Camden High Street in February, showing what appears to be dozens of counterfeit handbags which were seized
March 28, 2025 at 5:09 PM
London's raids on fake luxury retailers are missing the target

Luxury brands spend millions to try and prevent the sale of fake luxury goods, and police often raid stores in London to try and stop retailers...
March 28, 2025 at 5:09 PM
All of the security workers we spoke to said that the shop’s policy did allow guards to intervene and detain suspects under certain circumstances.

But they said they felt the image of the store and the experience of shoppers was prioritised over stopping the organised criminal groups
February 23, 2025 at 10:17 AM
A loaded gun in a shoplifter’s bag

Suspected street gang members and drug dealers spending stacks of cash

Pickpockets collaborating with fraudsters

Dark Luxury can exclusively reveal the rampant criminality operating in Selfridges, one of the world’s most luxurious department stores
February 23, 2025 at 10:17 AM
Not such a bargain, after all, it turns out.

Meanwhile, the Hermès 2024 results reconfirmed that it is one of the brightest spots in luxury right now, reporting financial results well above analyst expectations with quarterly sales up 18 per cent.
February 14, 2025 at 5:19 PM
On this morning's sales call, he implied he will use legal action to fight makers of dupes like the Walmart Birkin, nicknamed “the Wirkin.”

Dark Luxury revealed this cheap imitation of the famous Birkin, which can sell for tens of thousands of dollars, sometimes contained dangerous bits of wire.
February 14, 2025 at 5:19 PM
Journalists worry about AI taking over their jobs and copying their articles.

Hermès CEO Axel Dumas implied that dupe makers copying his bags is exactly the same.
February 14, 2025 at 5:19 PM
Billionaire LVMH CEO Bernard Arnault has disparaged what he calls “parallel exports” by his peers in the industry, which feed this market.

Our story reveals that Louis Vuitton, and perhaps other LVMH brands are not immune to this.
January 31, 2025 at 4:22 PM
Chinese gangs are tricking Louis Vuitton staff to get cheaper handbags to service the $100 billion grey market.

@darkluxury.news can exclusively reveal the gangs' latest innovation: cashing in extra profit by fraudulently claiming EU VAT refunds on those purchases.
January 31, 2025 at 4:22 PM
Delphine, 49, is no change

A lot will depend on the handling of the replacements of two vital positions at the Dior brand she runs this year
January 30, 2025 at 9:11 AM
Alexandre, 32, had a bad year, thanks to the massive decline in the group’s revenue from alcohol

“Let’s give them [Alexandre and the CFO] two years there, so we can see what they can do," his dad (and boss) said
January 30, 2025 at 9:11 AM
Frédéric, 29, had a good year, thanks to a new role at Financière Agache, the family holding company
January 30, 2025 at 9:11 AM
Billionaire LVMH CEO Bernard Arnault announced his company's financial results for 2024 this week, and what he didn’t say was perhaps as important as what he did

He dodged a question about US tariffs, instead criticising French taxes

He also not-so-subtly marked his childrens' homework...
January 30, 2025 at 9:11 AM
From the wonderful things Italian textile makers do with cashmere (boiled cashmere!) to the dreadful things that have happened to some of Britain’s most prestigious brands, this is a fascinating read.
January 17, 2025 at 1:49 PM
From Yetis to ostentations (plural word for a flock of peacocks!), I learned so much reading and editing this story by my colleague Alfred.
January 17, 2025 at 1:49 PM
Pitti Uomo is the slightly chaotic, sometimes silly, but ultimately very serious trade show in Florence, Italy for the menswear industry. 🧵
January 17, 2025 at 1:49 PM