Galeries Lafayette heir joins French tycoons in opening art foundation

Guillaume Houzé’s cultural centre will rival that of France’s richest man, Bernard Arnault

Make mine a magnum: the rise of supersize wine bottles in Britain

Waitrose reports sales have doubled as larger bottles move into the mainstream

Welcome to Powder Mountain – a utopian club for the millennial elite

When these young entrepreneurs bought a remote ski resort in Utah, they dreamed of an exclusive, socially conscious community. Is this the future, or Mt Olympus for Generation Me?

Farfetch unveils tie-up with Harvey Nichols before ‘£4bn IPO’

High-end fashion website’s expected valuation nears value put on Marks & Spencer

London property prices fall as much as 15% as Brexit effect deepens

Average price in Wandsworth dips more than £100,000 with falls of up to 15% in capital in 12 months