Late fashion icon Lagerfeld's villa sold for 4.7 mn euros
Bought in 2010 by Lagerfeld, who died in 2019, the villa in Louveciennes west of Paris fetched just above the asking price of 4.6 million euros ($5.4 million).
Abandoned after his death, the house was purchased in 2023 by a real estate company.
Held in a style the late designer himself may have approved of, the sale took place according to the traditional notary auction method, as a so-called "candle auction".
In a candle auction, which is still commonplace in France, the sale time is defined by the burning of two small candles, each lasting about fifteen seconds.
The villa is in a two-hectare (five acre) park with three separate houses, a swimming pool and a tennis court. The house is surrounded by trees or walls ensuring "discretion and anonymity", said Jerome Cauro, of Arias, the firm handling the sale.
The designer's studio occupied a large part of the first floor of the main house.
"He put everything into this last house; he really loved it. He called it 'the true version of himself'," his muse and associate, Amanda Harlech, told Vogue in 2021.
The former Chanel creative director even had his childhood bedroom recreated in a small room with leopard-print walls.
According to Arias, the fashion legend carried out "colossal works" on the property, which belonged to the 19th century poet Leconte de Lisle and members of the Rothschild family in the first half of the 19th century.
"We don't have the bill, but we estimate that the cost of the work is close to the asking price," said Arno Felber, also a notary at Arias. Legend has it that Lagerfeld only slept there one night
The mansion was above all "a property for peace, rest and study", where Lagerfeld liked to entertain guests, said Felber.
In March 2024, Lagerfeld's futuristic three-room Paris apartment was sold for 10 million euros by firm Althemis, twice its asking price.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India.com
9 minutes ago
- India.com
Trump and Putin to meet next week? White House hints at renewed US efforts to end Russia-Ukraine war amid new tariff pressure
Putin makes big statement on Ukraine after call with Donald Trump, says... The White House on Wednesday said that Russia had asked for a meeting between President Vladimir Putin and U.S. President Donald Trump. Trump is open to the idea, according to officials. This news follows reports that Trump may meet both Putin and Ukrainian President Volodymyr Zelensky soon, possibly next week, in an effort to help stop the war between Russia and Ukraine. White House Press Secretary Karoline Leavitt told reporters, 'The Russians want to meet with President Trump, and he is willing to meet both President Putin and President Zelensky.' According to AFP, a top Ukrainian official said that Trump and Zelensky recently spoke on the phone. NATO Secretary General Mark Rutte, along with leaders from the UK, Germany, and Finland, were also part of that call. Earlier the same day, U.S. representative Steve Witkoff was in Moscow and held talks with President Putin. Trump may meet Putin and Zelensky next week to push for peace Donald Trump could meet Putin as early as next week, according to media reports. The New York Times stated that Trump plans to first meet with Putin, followed by a joint meeting that would include Ukrainian President Volodymyr Zelensky. However, officials from NATO and Ukraine have not yet confirmed whether the meetings will actually take place. If Trump meets Putin, it would be their first meeting since he returned to office in 2025 after winning the presidential polls in 2024. Trump, who appeared before reporters later at the White House, didn't answer questions about a potential location for a meeting, but when asked about a summit with Putin and Zelenskyy, said, 'There's a very good prospect that they will' meet. The president declined to predict how close he was to reaching a deal to end the fighting, saying, 'I've been disappointed before with this one.' Earlier on Wednesday, Trump praised a recent meeting between his representative, Steve Witkoff, and President Putin, calling it 'highly productive.' Despite this, U.S. officials said that new sanctions would still be enforced by Friday on countries doing business with Russia — including India. On the same day, Trump announced a 25 per cent increase in tariffs on Indian goods due to India's continued purchase of Russian oil. This brings the total U.S. import tariff on Indian goods to 50 per cent. Trump, who has claimed he could end the Russia-Ukraine war within 24 hours of becoming president again, has given Russia until Friday to show progress toward peace or face more penalties.
&w=3840&q=100)
First Post
an hour ago
- First Post
Trump announces 100% tariff on computer chips and semiconductors, exempts firms 'building in US'
Trump has announced a 100 per cent tariff on imported computer chips and semiconductors, aiming to push companies to manufacture them within the country. The move which exempts US-based producers. read more Trump has taken an extraordinary bet on the importance of American market in global economy and believes that he has a leverage so unique that he can do almost anything. Image: AFP US President Donald Trump on Wednesday (August 6, local time) announced plans to impose a 100 per cent tariff on computer chips and semiconductors, while exempting companies that manufacture them within the United States. The move is expected to drive up the cost of a wide range of electronics, cars, appliances, and other essential tech-driven products. 'We'll be putting a tariff on of approximately 100 per cent on chips and semiconductors,' Trump said while speaking at the Oval Office. 'But if you're building in the United States of America, there's no charge.' STORY CONTINUES BELOW THIS AD The announcement follows Trump's decision to impose an additional 25 per cent tariff on Indian goods over its continued oil trade with Russia, effectively doubling the overall tariff rate to 50 per cent. The new tariffs are scheduled to take effect in 21 days, allowing time for India and Russia to negotiate with the US administration over the proposed import duties. The global chip shortage during the Covid-19 pandemic had already led to rising car prices and contributed to broader inflation. Since then, demand for semiconductors has continued to surge, with global sales rising 19.6 per cent in the 12 months ending June, according to the World Semiconductor Trade Statistics organization. Trump's latest tariff move marks a sharp departure from current strategies aimed at boosting domestic chip production through subsidies and incentives. Instead, he's opting for a more aggressive approach, using tariffs as leverage to push companies to manufacture within the US. By making imported chips more expensive, Trump is betting that firms will be compelled to shift production domestically, even if it risks squeezing profits and raising consumer prices on products like smartphones, televisions, and appliances.
Hindustan Times
3 hours ago
- Hindustan Times
Mercedes-Benz shares new product offensive, 30 models coming up in 2026-27
Mercedes-Benz is planning a slew of new offerings globally as the brand plans to bring as many as 30 models to the market by 2027. In a document prepared for investors, the German luxury automaker revealed its product offensive strategy, calling it 'the biggest product launch program in the history of Mercedes-Benz." Mercedes-Benz Planning A Product Onslaught In 2026-27 The Mercedes-Benz CLA has already been revealed as part of this future roadmap, while the company has also revealed the CLA Shooting Brake, which will arrive in both ICE and electric drivetrain options. In its presentation, the carmaker revealed it plans to introduce two new entry models. These are likely the new-generation GLA and GLB, which will share their underpinnings with the new CLA. Also Read : Is Mercedes-Benz CLA EQ coming to India soon? Listed on India website The presentation by Mercedes-Benz for its investors revealed the future product roadmap The brand will also roll out mid-cycle facelifts for the C-Class and GLC, as part of the 'Core" class, while there will be electric alternatives, including the new GLC Electric set for its global debut in September. The bigger lineup of offerings will be in the top-end segment, with the automaker planning four petrol/diesel cars in 2026 and five in 2027, along with five models in 2026 and 2027, respectively. The updates lined up are likely to include major facelifts for the Mercedes-Benz S-Class and EQS. The automaker had previously revealed that the S-Class facelift will see a comprehensive change, going beyond the usual framework of a mid-lifecycle update. The rest of the models remain under wraps for now. That said, we know the carmaker has several new and existing models lined up, including the highly anticipated 'Baby G-Class". The Mercedes-AMG GT XX Concept is expected to spawn a super sedan and SUV in the brand's lineup There will also be AMG-powered models, including a new electric super sedan that was previewed as the GT XX Concept earlier this year. A super SUV sharing the same underpinnings is also likely to arrive at a later date. The brand is also said to be working on a new V8 engine, which should be good for the latest emission norms, as well as more power. All in all, Mercedes has its hands full for the next couple of years, and you can surely expect most, if not all, of these cars to make their way to the Indian market, starting with the new-generation CLA. Check out Upcoming Cars in India 2025, Best SUVs in India. First Published Date:
