David Wertheimer, Chanel's low-key heir | Class action threat over Trump tariff luxury profits | Naomi Campbell's redemption drive

Plus: Hermès, The Independents, Fouquet's

Thursday 9 July Read this issue     Front Row The discreet influence of Chanel heir David Wertheimer   David Wertheimer, Gérard Wertheimer's youngest son, is regarded as more of a dilettante than his cousin Arthur Heilbronn, who manages the Chanel shareholders family office. But he nevertheless exerts discreet influence over the privately controlled luxury giant, and his personal investment funds invest jointly with the fashion house.   Subscribers only | Families     Families     Charity woes Naomi Campbell seeks philanthropic redemption despite charity ban     The British supermodel has been banned from running charities for five years, but she is still being approached by cultural institutions and campaign groups keen for her to become their ambassador or the face of their fundraising.   Subscribers only     Houses     Tariffs Kering, Hermès and Richemont accused of profiting from Trump tariffs     An American law firm is accusing the luxury giants of having inflated their prices to cover US tariffs – and then keeping the money after the Supreme Court struck them down. More than 80 similar class-action lawsuits are already underway.   Subscribers only       Barrière Fouquet's ends up in court while defending its 'palace' status     Earning the "palace" hotel distinction isn't just a regulatory ordeal in France. It can also turn into a labour dispute, as Barrière's Fouquet's found out the hard way.   Subscribers only     Entourage     Welcoming ambassadors Hermès poaches star New Bond Street doorman     The French luxury goods company has pulled off a coup by recruiting one of the London luxury thoroughfare's top "welcoming ambassadors".   Subscribers only       The Independents Parent company of Betak, Pagès and Karla Otto primps up its finances     Luxury PR collective The Independents is angling for a buyout by its existing shareholder or by other potential suitors and to this end has been touting its financial results, even if they come at the price of running up debts amounting to nearly 60% of turnover.   Subscribers only

To unsubscribe, click here