The luxury 56-metre (185-foot) yacht was struck by a pre-dawn storm on August 19 as it was anchored off Porticello, near Palermo, and sank within minutes, killing Lynch, his 18-year-old daughter ...

French group Hermes overtook LVMH as the world's most valuable luxury company on Tuesday after shares in the Louis Vuitton maker tumbled following weaker-than-expected quarterly sales. The market ...