Amazon tax probe to go ahead, EU warns

Decision to report sales will have no bearing on inquiry

Burberry

Euro weakness upsets luxury brand pricing

Volatility in currency markets exacerbates price global differentials

Sonia Delaunay’s ‘Prismes electriques’ (1914), and Junya Watanabe SS15
©Pracusa/©CNAP/Catwalking

Pretty as a picture

Designers often cite art as inspiration — but at what point does homage become rip-off?

Blast from the past

How did a wristwatch save the Apollo 13 astronauts from oblivion? Peter Aspden reports from Houston

Tabernacle veil of Kenmare Lace from 1911 at the National Museum

Rich lessons from the Poor Clares

If luxury is identified as technically brilliant and vastly expensive, then Kenmare lace is its very definition

Debt squeeze hits weakest China groups

Surge in real interest rates to a post-crisis high is affecting the weak sectors in economy

Alibaba takes fresh steps to fight fakes

Company partners with Israeli start-up on hard-to-copy QR codes

Kering sues Alibaba over fake goods sales

Luxury brands group accuses Chinese company of ‘racketeering’

‘Swamped’ (1990) by Peter Doig
©Christie’s

Big spenders, Big Apple

New York ‘Auction-tigue’; Frieze looks to the past; Giacometti show for Shanghai

Frédéric Malle at work
©Geordie Wood

On the scent of a deal

Boutique perfume labels are being snapped up by the big brands. But how sweet is the smell of success?

The bigger picture

Elizabeth Paton reports on why fashion houses are casting themselves into the film industry

Blues brothers

Once a surefire smart-casual solution, the pale blue shirt and navy jacket approach is starting to look tired. Ryan Thompson introduces the new hues

Blazer trail

Stripey, silver or scarf-printed: your guide to the best summer jackets for women

Hemlines are plunging

Whether or not skirt length is the harbinger of some ghastly financial meltdown, it’s an interesting trend

SABMiller buys UK craft brewer Meantime

Deal comes amid growing popularity of artisan beers

Hong Kong tech: poor relations

Hong Kong tech stocks are much cheaper than their Chinese peers

Bolland set for first profit rise at M&S

Analysts expect retailer to return cash to shareholders via special dividend or share buy-back

Property boom blesses Church of England

Investment portfolio reaches £6.7bn

MediaTek to launch first 10-core chip set

More processing power for world’s leading smartphone makers

Picasso painting sells for record $179m

Christie’s points to ‘new era’ as art market soars

The key to unlocking smart homes

August co-founder Jason Johnson on taking tech into mainstream

Louis Vuitton in Palm Springs — cruise 2015/16

The French luxury brand takes its show on the road to the sleepy desert oasis beloved of the Brat Pack

The Om factor: spiritual jewellery

A new breed of jewellers has got designs on your mind, body and spirit, writes Carol Woolton

Frida Kahlo’s clothes

New portraits of the Mexican artist’s belongings paint an intimate portrait of her life

New York’s Fire Island: hope after Sandy

Property recovery continues, as second-home buyers begin to surpass pre-storm levels

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