The Guardian

Tate Modern to host ‘once in a lifetime’ Picasso exhibition

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Landmark show will focus on ‘year of wonders’ 1932, at height of painter’s affair with young lover Marie-Thérèse Walter

Hard times for luxury Swiss watches as sales drop 10%

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Swiss watch federation reports huge drop in exports to China as official crackdown on bribery makes it worst year for industry since 2009

Gucci owner gets teeth into snakeskin market with python farm

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Luxury group Kering says snakes will be raised in the ‘best conditions’ before they are turned into shoes, bags and belts

Chanel haute couture show proposes a new catwalk silhouette

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Karl Lagerfeld finds beauty beyond the thin with iconoclastic collection that features ovoid-shaped skirts and padded-out hips

Dior offers pure escapism with fairytale haute couture show

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Designer Maria Grazia Chiuri moved from her debut’s feminist T-shirts into a fantasy world that heralded a bold new attitude