News Louis Vuitton is finding that customers no longer buy handbags for the logo and is changing tack

Sales rebound in fourth quarter after a tough year for French luxury giant

The time of the hourglass

With her circle skirt, cinched waist and cantilevered cleavage, this season's fashion heroine recalls the elegantly silhouetted woman of yesteryear, says Susannah Frankel. Models have rarely looked this curvy

Let them eat manga: How Takashi Murakami introduced Japanese kitsch to the Palace of Versailles

Japanese kitsch in the Palace of Versailles? The French establishment is horrified. But Takashi Murakami, the world's most influential living artist, isn't bothered in the slightest

LVMH boosted by luxury goods rebound

Moet Hennessy Louis Vuitton (LVMH) confirmed the luxury goods industry's stronger-than-expected rebound yesterday as it posted a 14 per cent rise in underlying third-quarter sales, driven by the solid recovery of its fashion, wines and champagne businesses.

Le beau monde: Designers sparkle in Paris

Horses at Hermès, a live orchestra at Chanel – Paris designers pulled out all the stops at the spring/summer shows. And then there were the clothes... Susannah Frankel found power dressing, flat shoes, and some serious sparkle

Harriet Walker: 'Now it's men versus women in the battle of the bulge'

Fashion is preoccupied this season with specific anatomical hugeness. With hourglass shapes at Prada and Louis Vuitton, not to mention Christina Hendricks' busty ubiquity, we are told that boobs are back. They never went away, I hear the blokes cry – maybe not in your realm, but I imagine we read quite different magazines.

Animal prints stalk the catwalk at Louis Vuitton

"The relation between boredom and camp taste cannot be overestimated," read the notes placed on the seats at the Louis Vuitton show in Paris yesterday. "Camp taste is by its nature possible only in affluent societies, in societies or circles capable of experiencing the psychopathology of affluence."

British 'bitterly disappointed' at withdrawal from America's Cup

Britain is pulling out of one of the pinnacle events in world yacht racing, the America's Cup.

Cup format delayed but date on boat to be revealed

The rules governing the next America's Cup will now be published on 13 September, two weeks after the due day today, but will bring forward the announcement of the boats to be used and will name the year.

Special Bond: Retailers spend £100m on stores

MaxMara and Louis Vuitton Moët Hennessy are each buying a store on London's Bond Street, as luxury retailers snap up property on the exclusive shopping street.

The beige revolution

Something shocking has happened on the catwalk. After years of excess, next season's shoes are wearable, skirts are sensible and camel is the hot colour. Susannah Frankel explores the radical return of real clothes

Tempers fray in dramatic day of sailing at Cowes

Passion boiled over, a rare penalty for abuse was the result, but Britain's Jaguar-backed Team Origin whacked the America's Cup holders BMW Oracle to win the 1851 Cup regatta in Cowes.

Business analysis: 'Flexibility and opportunism will be key attributes in the times ahead'

These are strange economic times. On the one hand, the Government and most commentators are full of gloom. On the other, well, people might not be quite so ready to part with their cash as they were in the heady carefree days of a few years ago, but supermarket and some department store groups seem to be surviving the downturn in a lot better shape than most people expected. Even John Lewis, owner of the decidedly upmarket Waitrose, posted a near-10 per cent increase in profits for the most recent period and handed out hefty bonuses to its “partners”.

Dom Joly: Snakes on the pitch and Beckham on the end of Fabio's fury

I couldn't resist hanging on to the app that somebody gave me that allows me to hack into David Beckham's mobile. I don't really do much any more – I don't go out, watch TV, talk to people, I just spend hours listening in to Beck's calls, I'm totally addicted. Here's a good one from last week.

Louis Vuitton: Where the boom never ends

As the world's most famous luggage brand opens a landmark store in London, Patrick-Louis Vuitton tells Susannah Frankel why customers can't get enough LV

Liz Hoggard: Reweaving the morality of fashion

Louis Vuitton is in town. This week, unveiling a new maison du luxe (three floors of unashamed high-end accessories, jewellery and clothing) on London's New Bond Street, the fashion retailer threw the mother of all parties. Cherie Blair mingled with Tracey Emin and Paloma Faith.

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Isis profits from destruction of antiquities by selling relics to dealers - and then blowing up the buildings they come from to conceal the evidence of looting

How Isis profits from destruction of antiquities

Robert Fisk on the terrorist group's manipulation of the market to increase the price of artefacts
Labour leadership: Andy Burnham urges Jeremy Corbyn voters to think again in last-minute plea

'If we lose touch we’ll end up with two decades of the Tories'

In an exclusive interview, Andy Burnham urges Jeremy Corbyn voters to think again in last-minute plea
Tunisia fears its Arab Spring could be reversed as the new regime becomes as intolerant of dissent as its predecessor

The Arab Spring reversed

Tunisian protesters fear that a new law will whitewash corrupt businessmen and officials, but they are finding that the new regime is becoming as intolerant of dissent as its predecessor
King Arthur: Legendary figure was real and lived most of his life in Strathclyde, academic claims

Academic claims King Arthur was real - and reveals where he lived

Dr Andrew Breeze says the legendary figure did exist – but was a general, not a king
Earth has 'lost more than half its trees' since humans first started cutting them down

Axe-wielding Man fells half the world’s trees – leaving us just 422 each

However, the number of trees may be eight times higher than previously thought
Theme parks continue to draw in thrill-seekers despite the risks - so why are we so addicted?

Why are we addicted to theme parks?

Now that Banksy has unveiled his own dystopian version, Christopher Beanland considers the ups and downs of our endless quest for amusement
Tourism in Iran: The country will soon be opening up again after years of isolation

Iran is opening up again to tourists

After years of isolation, Iran is reopening its embassies abroad. Soon, there'll be the chance for the adventurous to holiday there
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Transfer window: Ten things we learnt

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Record-breaking spending shows FFP restraint no longer applies
Migrant crisis: UN official Philippe Douste-Blazy reveals the harrowing sights he encountered among refugees arriving on Lampedusa

‘Can we really just turn away?’

Dead bodies, men drowning, women miscarrying – a senior UN figure on the horrors he has witnessed among migrants arriving on Lampedusa, and urges politicians not to underestimate our caring nature
Nine of Syria and Iraq's 10 world heritage sites are in danger as Isis ravages centuries of history

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Girl on a Plane: An exclusive extract of the novelisation inspired by the 1970 Palestinian fighters hijack

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Why Frederick Forsyth's spying days could spell disaster for today's journalists

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Markus Persson: If being that rich is so bad, why not just give it all away?

That's a bit rich

The billionaire inventor of computer game Minecraft says he is bored, lonely and isolated by his vast wealth. If it’s that bad, says Simon Kelner, why not just give it all away?
Euro 2016: Chris Coleman on course to end half a century of hurt for Wales

Coleman on course to end half a century of hurt for Wales

Wales last qualified for major tournament in 1958 but after several near misses the current crop can book place at Euro 2016 and end all the indifference