The new status symbol: it’s not what you spend – it’s how hard you work

The rich used to show how much they could spend on things they didn’t need. Today, a public display of productivity is the new symbol of class power

Now on sale: Jimmy Choo (the whole company)

Shoemaker with market value of more than £700m says surprise decision to sell up followed board review of strategic options

Luxury goods giant LVMH grabs full control of Christian Dior

French group to bring fashion house’s brands from perfume to couture under one roof in complex deal worth €12bn

From animal-print to denim: why hotels are upping their bathrobe game

A comfy bed and a travel kettle is no longer enough – high-end hotels are investing in luxurious, Instagram-friendly bathrobes in an effort to appeal to the selfie generation

On the edge of madness: the terrors and genius of Alberto Giacometti

He drank with Sartre, mocked Picasso and took silent walks with Beckett – but his work was going nowhere until a vision on Boulevard Montparnasse left him trembling. Ahead of a major Tate show, we explore the obsessions of Giacometti

Fears grow for Burberry profits as rising pound starts to dent sales

Luxury brand suffers slowdown in US, Hong Kong and the Middle East – with rally in the pound also likely to hit UK sales