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Fashion legend Saint Laurent brought to life in biopic

Feted as a visionary but tormented genius who reshaped the silhouette of 20th century women, Yves Saint Laurent comes back to life this week in the first biopic of the man known as the "prince of fashion". The film by French actor-turned-director Jalil Lespert focuses on 20 years of the designer's life between 1956 and 1976 that saw him burst onto the fashion scene -- first at Dior then at the head of his own house -- and ascend to fame and fortune.

Swatch wins compensation from Tiffany's in contract row

Swiss watchmaker Swatch Group has won a lawsuit against US jewellery group Tiffany & Co over a failed joint venture to jointly design and market luxury watches. Tiffany was required to pay Swatch 402 million Swiss francs (327 million euros, $449 million) under the ruling by the Netherlands Arbitration Institute, Swatch said in a statement. The case stemmed from a 2007-2011 cooperation deal that Swatch said Tiffany had systematically obstructed.

Tiffany ordered to pay Swatch $449 million in damages, cuts outlook

By Silke Koltrowitz and Ryan Vlastelica ZURICH/NEW YORK (Reuters) - Tiffany & Co <TIF.N> on Sunday said a Dutch arbitration court ruled that it must pay Swatch Group <UHR.VX> 402 million Swiss francs ($448.79 million) in damages over their failed joint venture to produce and market watches, and the New York-based jeweler slashed its profit outlook for the year.

Tiffany & Co ordered to pay $449 million to Swatch over contract dispute

BERLIN - Tiffany The Netherlands Arbitration Institute also required Tiffany to pay more than $9 million for the Swiss watchmaker's legal fees and the cost of arbitration, according to a statement from the New York-based jeweler. "We were shocked and extremely disappointed with the decision of the majority of the arbitral panel," Tiffany chief executive Michael J. Kowalski said in a statement. "We do not believe that the award will impact our ability to realize our existing business plans in the short or long term." He said the company would review its legal options.

Daimler teams up with Aston Martin on engines

German car maker Daimler said on Thursday it will team up with Aston Martin to build new engines for the British luxury brand's next generation of models. "The technical partnership will allow Mercedes-AMG (a wholly owned subsidiary of Daimler) and Aston Martin to develop bespoke V8 engines supporting Aston Martin's launch of a next generation of models," the two car makers said in a joint statement. Under the terms of the deal, Daimler will receive up to five percent of non-voting shares in Aston Martin as the technical partnership deepened and progressed.

Shares in luxury coat maker Montcler jump in Italian IPO

Shares in Italian-owned luxury coat maker Moncler jumped more than 40 percent when the firm listed on the Milan stock exchange on Monday in a hotly-awaited initial public offering for a brand which began in France. The shares were sold at the higher end of the price range at 10.2 euros a share because of high demand and the value was 14.41 euros in morning trading. Shares amounting to 26.7 percent of Moncler are now listed and the total could rise to 30.7 percent. Moncler was founded in France more than 60 years ago and is best known today for its puffa jackets.

Shares in luxury coat maker Moncler jump in Italian IPO

Shares in Italian-owned luxury coat maker Moncler jumped more than 40 percent when the firm listed on the Milan stock exchange on Monday in a hotly-awaited initial public offering for a brand which began in France. The shares were sold at the higher end of the price range at 10.2 euros a share because of high demand and the value was 14.41 euros in morning trading. Shares amounting to 26.7 percent of Moncler are now listed and the total could rise to 30.7 percent. Moncler was founded in France more than 60 years ago and is best known today for its puffa jackets.

Jewels documenting royal romance sell at auction

Jewels belonging to the Duke of Windsor and his American wife Wallis Simpson -- the couple whose relationship scandalised 1930s Britain -- sold for a million dollars at a London auction on Thursday. The top-selling lot at the Sotheby's sale was a sapphire bracelet by Cartier, designed as a series of oval links set with gems, which sold for £230,500 ($377,000). The duchess wore the piece when Queen Elizabeth II visited Paris in 1972, the last time she saw the duke -- her uncle -- before his death.

Armed robbers stage luxury watch heist in Paris

Armed robbers Thursday raided a jewellery store near the posh Place Vendome in Paris, making off with luxury watches worth 800,000 euros ($1 million), a source close to the investigation said. Brandishing hand guns, they threatened the employees of the outlet in the heart of the French capital, the source said. France has witnessed a series of robberies of luxury jewellery stores recently, including a brazen attack by axe- and sledgehammer-wielding men at a Vacheron Constantin store near Place Vendome. They stole watches worth hundreds of thousands of euros.

Style queen: Isabella Blow's wardrobe on show in London

Stylist, muse, mentor or simply an eccentric aristocrat with a penchant for wearing lobsters -- late British fashion editor Isabella Blow was hard to pin down, but most agree she was extraordinary. A new exhibition in London takes a look at Blow's life and wardrobe, including some spectacular early pieces by designer Alexander McQueen and milliner Philip Treacy who she helped nurture from students to global stars. Long before Lady Gaga, Blow was a fashion icon renowned for her irreverent sense of style.
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