The recent banking drama, starting with Silicon Valley Bank earlier in the month and spreading to Credit Suisse Group AG last week, has roiled markets, sparking fears of further contagion.

His redefinition of contemporary portraiture is just one facet of the young photographer’s stunning body of work, writes Tim Blanks.

Traditional auction houses like Christie’s, Sotheby’s and Philips — known for selling Warhols, Picassos and antiques — are using Birkins and Jordans to cultivate their next generation of collectors.

With the UK no longer offering tax breaks to international shoppers, customers are instead flocking to Paris and Milan.