Interview: François Arpels on bringing a celebrated jewellery legacy to Korloff

François Arpels was born into one of jewellery’s most celebrated families. Now, as chief executive and co-owner of Korloff, he is drawing on that inheritance to reposition the independent French Maison for a new generation of clients.

I met François Arpels aboard the 54.5-metre sailing yacht Meira during the Monaco Yacht Show, where Korloff had partnered with Ocean Independence to present its collections and one-of-a-kind pieces through a series of private appointments.

The collaboration brought together two worlds with a natural overlap in clientele, while the yacht itself reflected the identity Arpels is building around Korloff: strong but elegant, distinctive without being ostentatious.

“To me, a sailing yacht is bold and strong, but it also glides effortlessly across the water in a very elegant way,” he told Monaco Life. “That is very much Korloff. It is the attitude we like and the sports-elegant style that is becoming part of the Maison’s identity.”

From Van Cleef & Arpels to Korloff

Arpels is a third-generation member of the family behind Van Cleef & Arpels. He grew up learning about gemstones, craftsmanship and the commercial realities of running a luxury house before formally joining the company in 1988.

“I suppose you could say it is in my genes,” he said. “I was born into the family that created what is now considered one of the finest jewellery houses in the world. From a young age, I completed internships, learnt about diamonds and understood how jewellery was made. It was deeply embedded in me, and it remains my passion.”

He worked first in the United States and later at the company’s French headquarters, remaining with Van Cleef & Arpels until its acquisition by Richemont in 2000.

François Arpels presenting the Korloff jewellery collection aboard Meira during the Monaco Yacht Show

Over the following two decades, Arpels helped develop other French and Italian family-owned brands, living and working in the United States, India and Turin. By 2022, he was ready to take responsibility for a Maison of his own and began looking at independent jewellery houses in France and Italy.

Korloff stood out. Arpels was drawn to its history, its independence and the 88-carat black diamond at the centre of the brand’s identity. He joined as chief executive at the end of 2023 and acquired the company with a Singapore family office in September 2025, giving him control over both its creative and commercial direction.

Korloff’s infamous 88-carat black diamond

A new chapter without abandoning the past

Korloff was founded by Daniel Paillasseur in 1978 and takes its name from the Korloff Noir, an 88-carat black diamond whose history, according to the Maison, traces back to the Russian aristocratic Korloff-Sapojnikoff family, who carried it to Europe when they fled the 1917 revolution. The stone inspired Paillasseur to establish the jewellery house, which became its owner in 1988, and remains central to its identity today. For Arpels, the task is not to discard that inheritance, but to give the Maison a clearer and more contemporary identity.

“When I arrived, one of my first responsibilities was to look back at the history, understand what had worked and examine what had been created by the founder,” he said. “My role is to preserve that story while taking Korloff to the next level in quality, craftsmanship and modernity.”

That role brings together two sides of Arpels’ experience. He is equally interested in gemstones, aesthetics and design as he is in strategy, branding and building businesses. At Korloff, those disciplines are being used to make the collections more consistent and the Maison more immediately recognisable.

His creative vision centres on contrast: black and white diamonds, strength and delicacy, bold forms and fine craftsmanship. The aim is to produce jewellery with a clear personality while preserving the standards expected of a French fine jewellery house.

The Korlove collection (right) makes a bold, contemporary statement, with pieces designed to be layered and worn together.

The bestselling Korlove collection embodies that approach. Its three-dimensional heart motif combines romance with a more rebellious, rock-influenced character – an intentional departure from conventional representations of the symbol.

The Lance collection brings the same thinking to men’s jewellery through arrow-inspired forms and cable bracelets designed for ease of wear. Its pieces respond to what Arpels describes as a less formal approach to luxury, in which clients expect fine jewellery to fit naturally into everyday life.

“We live differently today,” he said. “We wear sneakers and prefer clothing that is comfortable and easy while still wanting to remain elegant. I wanted to create jewellery with the same attitude: refined, contemporary and effortless to wear.”

Guests aboard Meira during the Monaco Yacht Show, viewing Korloff’s jewellery collections.

Responding to a more individual client

Arpels is repositioning Korloff for customers who increasingly want recognisable jewellery without wearing the same pieces as everyone else.

“Clients are looking for jewellery that is different – pieces in which they can recognise themselves, rather than simply wearing what everybody else has,” he said.

That shift is influencing how the collections are designed. Korloff is developing jewellery intended to be stacked, layered and built upon over time, allowing clients to create their own combinations rather than following one prescribed way of wearing a piece.

The approach serves two distinct but increasingly connected audiences. Established collectors may already own pieces from Cartier, Bulgari or Van Cleef & Arpels and be searching for something less ubiquitous. Younger clients are often attracted to bolder designs, personalisation and a more playful relationship with fine jewellery.

Arpels sees no need to choose between them. Korloff’s strategy is to retain the craftsmanship and materials valued by established collectors while giving its designs enough versatility and individuality to speak to a new generation.

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Main photo of François Arpels by Cassandra Tanti/Monaco Life, all other photos courtesy of Korloff

Vacherot reaches Japan Open semifinals after three-set Fils victory

Valentin Vacherot maintained his impressive run at the Japan Open on Sunday with a victory over world No. 9 Arthur Fils in a three-set battle, securing his place in the semifinals.

Monaco’s tennis player found himself facing challenging positions throughout this quarterfinal, ultimately overcoming Fils 7-5, 4-6, 6-4 in Tokyo.

Fils took control of the match early, breaking Vacherot and earning opportunities to seal the opening set at 5-3. However, Vacherot refused to let the set fall out of reach as he saved both set points before shifting the momentum in his favour. Vacherot broke as Fils served for the set, winning four consecutive games and turning the set around to finish 7-5.

The top-10 player responded in the second set, finding the break before serving for the set at 5-4. Although Vacherot continued applying pressure, Fils held onto his lead to end the set 6-4 and force a decisive third set.

The final set found Vacherot chasing the match once again as Fils took a 4-2 lead, leaving little room for error. Vacherot responded by recovering the break, then taking control towards the match’s end, winning four consecutive games for the second time in the quarterfinal. With Fils serving to stay alive in the competition at 4-5, Vacherot earned match point and completed the victory to secure his position in the final four.

This was the second career match between Vacherot and Fils, marking Vacherot’s first win over the top-10 player. This victory marks a significant milestone for Vacherot as he has now reached his first ATP 500 semifinal, having previously reached the semifinals at the Shanghai Masters in 2025 and the Monte-Carlo Masters this year.

Vacherot will now face Czech world No. 23 Jiri Lehecka for a place in the Japan Open final on Monday. The two met in 2025, when Vacherot won 6-1, 6-3 in Paris. A win would send Vacherot into his first ATP 500 final ahead of his return to Shanghai to defend his title.

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Photo credit: Groupe Michel Pastor

Inside Italian President Mattarella’s historic state visit to Monaco

Prince Albert II and Princess Charlene received Italian President Sergio Mattarella at the Prince’s Palace on Friday 2nd October for the first state visit ever made by an Italian head of state to Monaco – a first that the Prince said was long overdue between two neighbours whose shared history reaches back more than seven centuries to the Genoese roots of the Grimaldi dynasty.

The President was accompanied by his daughter, Laura Mattarella, who has fulfilled the role of Italy’s first lady since the death of her mother, Marisa, in 2012. Over a single day, the visit moved from military ceremony on the Rock to an evening of Italian opera and a state dinner in the Palace’s Throne Room, where both heads of state used their toasts to reflect on centuries of common history and on the turbulent world beyond the Mediterranean.

A gap finally filled

Addressing his guests in the Throne Room, Prince Albert acknowledged that the two men had until now always met on Italian soil.

“It is indeed the first time that we have had the pleasure of receiving a President of the Italian Republic for a state visit to the Principality. This first therefore makes up for something that was missing, and I am happy to be able to do so with you,” said the Prince.

“For we meet regularly, and if until now it has always been in Italy or at international meetings, I must confess to having found a certain advantage in that, so friendly and warm has your welcome always been,” he added.

President Mattarella recalled that his visit came almost seven decades after Prince Rainier III and Princess Grace were received in Rome. “It is a true privilege for all of us to take part in the first Italian state visit to the Principality of Monaco. A state visit that I am honoured to make almost seventy years after that of Their Serene Highnesses Prince Rainier III and Princess Grace to Rome,” said the President.

Photo credit: Stephane Danna

A fifth of the population

The Prince paid tribute to the Italian community, which he said now accounts for one in five of Monaco’s residents. “Some even choose to live in Monaco, and the Italian community today represents a fifth of our population,” said Prince Albert, before switching into Italian to honour “all the Italians who, over the centuries, have contributed to the development of Monaco”.

“The role they have played in our history has been fundamental. And the many ties they have created continue to enrich us today, on both sides of the border,” he said.

According to figures published in the Palace’s press dossier, 7,559 Italians were among Monaco’s 38,857 residents in the 2025 census, while 8,962 Italians worked in the Principality’s private sector at the end of last year, around 15% of the workforce. Some 2,500 companies linked to Italian nationals operate in Monaco, chiefly in luxury, fashion, shipping and business services.

Photo credit: Michaël Alesi / Frédéric Nebinger / Palais princier

The night of 8th January 1297

President Mattarella reached back to the episode that founded the Grimaldi dynasty on the Rock. “Above all, there is an indissoluble bond created on the night of 8th January 1297. The daring and shrewdness of the Genoese Francesco Grimaldi marked not only the origin of the long and prosperous life of the Principality, but also the intertwining of Monegasque and Ligurian history,” he said.

He also praised the Prince’s work as president of the Association of Grimaldi Historic Sites, which brings together towns in France and Italy linked to the family. In recent years the Prince Albert II has retraced his ancestors’ footsteps through former Grimaldi strongholds in Liguria, Piedmont, Basilicata, Puglia, Sicily and Calabria. The Palace itself bears the mark of that heritage: in the 16th century the medieval fortress was reshaped into an Italian Renaissance palace, and frescoes by painters of the Genoese school, hidden for centuries beneath later layers of paint, have been uncovered since 2013 and are still being restored.

Photo credit: Stephane Danna

Sovereignty and peace in a changing world

The Italian President’s toast took on a sharper tone as he turned to international affairs, describing the Principality as a model at a time of renewed geopolitical tension.

“In a constantly changing global landscape, marked by severe crises and by the re-emergence of dynamics of domination that we believed belonged to the past, the Principality and its international relations represent a virtuous example. For seven hundred years now, your country has managed to reconcile the will to maintain its own sovereignty with the pursuit of peaceful coexistence,” said President Mattarella.

He congratulated Monaco on its presidency of the Committee of Ministers of the Council of Europe, the first in the Principality’s history, which it has held since May. Prince Albert, for his part, said the two countries shared “a vision founded on dialogue, law and multilateralism”.

Photo credit: Michaël Alesi / Frédéric Nebinger / Palais princier

Fifty years of RAMOGE

The environment ran through both speeches. Prince Albert noted that the RAMOGE agreement between Italy, France and Monaco on protecting the marine environment had been signed half a century ago in the very room where they were dining.

“This anniversary reminds us how much we are capable of achieving together, but also how much still remains to be done, in particular to preserve the Mediterranean that we share,” said the Prince, who also saluted Italy’s decision during Mattarella’s presidency to enshrine environmental protection in its Constitution.

The President described the Mediterranean as “that Mare Nostrum, shaken today by conflicts, violence and migration crises, and which we aspire, despite too many headwinds, to make once again a source of civilisation, a sea of peace and of cooperation between peoples.”

Photo credit: Michaël Alesi / Palais princier

Bartoli and an Italian evening at the opera

Earlier in the evening, the Princely Couple had welcomed the President and his daughter to the Opéra de Monte-Carlo for a concert by Roman mezzo-soprano Cecilia Bartoli with Les Musiciens du Prince and the Opera chorus. The programme opened with the Italian anthem, Il Canto degli Italiani, and the Monegasque anthem, before moving through Handel, Gluck, Rossini and Bizet to Verdi’s ‘Va, pensiero’ from Nabucco and the Brindisi from La traviata, with ‘Caruso’ and ‘Santa Lucia luntana’ listed among the encores.

President Mattarella thanked his hosts for the performance and singled out Bartoli, who became director of the Opéra de Monte-Carlo in 2023, for particular praise, describing her leadership as that of the “first woman in the history of the institution” and “a source of pride for us”.

He also expressed Italy’s gratitude for the loan of the painting ‘Hannibal crossing the Alps on an elephant’ to the ‘Barocco globale’ exhibition in Rome, which Prince Albert visited in April 2025.

Photo credit: Stephane Danna

Honours in the Salon des Glaces

The day had begun in the Cour d’Honneur, where the Princely Family greeted the Italian guests in the presence of both official delegations. Military honours were rendered under the command of Colonel Tony Varo, and the Italian and Monegasque anthems were played before the two heads of state reviewed the detachments.

After a private audience between the Prince and the President in the Salon de Famille, and a meeting between Princess Charlene and Laura Mattarella in the Salle des Gardes, the two delegations moved to the Salon des Glaces for an exchange of decorations. Prince Albert raised President Mattarella to the dignity of Grand Cross of the Order of Saint-Charles, the Principality’s highest distinction, and made Laura Mattarella a Grand Cross of the Order of Grimaldi. In return, the President raised Princess Charlene to the dignity of Grand Cross of the Order of Merit of the Italian Republic.

Photo credit: Michaël Alesi / Palais princier

A sonnet for peace

President Mattarella chose to close his toast with lines by Louis Notari, the author of ‘The Legend of Saint Devota’, which in 1927 became the first work written in the Monegasque language. “If only, once and for all, every flag in the whole world would speak as you do, you who are the oldest: may peace reign everywhere!” said the President, quoting Notari’s sonnet addressed to Monaco’s flag.

Prince Albert ended his own toast by describing his guest as “a man I hold in particularly high esteem, an admirable head of state, and the representative of a friendly country”, before raising a glass to the friendship between Monaco and Italy.

The visit is due to conclude on Saturday 3rd October with a meeting with Monaco’s Italian community and a tour of the Oceanographic Museum alongside Prince Albert II, Minister of State Christophe Mirmand and Robert Calcagno, Director General of the Oceanographic Institute.

See more in the gallery below. Photos credit: Michaël Alesi / Frédéric Nebinger / Palais princier…

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Main photo credit: Michaël Alesi / Palais princier

Monaco businesses urged to harness EU trade agreements amid shifting global markets

Around fifty import-export stakeholders gathered at the Novotel Monte-Carlo on Tuesday, 29th September, for a briefing hosted by the Monaco Economic Board (MEB), the Economic Action Unit of the Nice Customs Office, and the Monaco Customs Office to examine practical growth opportunities within the European Union’s expanding network of trade agreements.

Under the 1963 Franco-Monegasque Convention, France and Monaco operate within a customs union, meaning French regulations apply directly across the Principality. This framework positions Monegasque enterprises to leverage the EU’s extensive trade network, which spans 48 agreements with 79 partner countries and accounts for nearly half of all European trade. 

Étienne Pollet, Business Adviser within the Nice Economic Action Unit, speaking at the conference. Photo Credit: Sébastien Darrasse / MEB

Navigating new markets and tariffs

During the briefing, Étienne Pollet, Business Adviser within the Nice Economic Action Unit, highlighted recent trade treaties enacted with New Zealand, Kenya, and Chile, alongside upcoming prospects scheduled for 2026 and 2027. Advanced negotiations are currently underway with major economic blocs and nations, including MERCOSUR, Indonesia, Australia, and India. The primary objective of these pacts is to reduce or eliminate customs duties in heavily protected markets.

Despite these advantages, tariff preferences frequently remain underutilised by commercial operators due to complexity and a lack of familiarity, leading to billions of euros in missed savings across Europe. Experts emphasised that unlocking these benefits requires mastering the strict criteria governing the ‘origin of goods’—distinct from basic provenance—which relies on precise goods classification and sufficient transformation criteria.

Safeguarding operations and compliance

To help businesses legally secure operations and forecast international costs, customs authorities offer complimentary EU-wide support mechanisms. Participants were introduced to Binding Tariff Information (BTI) and Binding Origin Information (BOI). Furthermore, officials recommended utilising Access2Markets, the European Commission’s digital platform designed to verify trading conditions for specific countries.

The session highlighted the ongoing collaboration between Monaco Customs and the International Formalities service of the Monaco Chamber of Commerce, providing local companies with essential support for secure international expansion.

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Photo Credit: Sébastien Darrasse / MEB

Aston Martin reveals DBX GT with the same power and a softer edge

Aston Martin has just revealed the DBX GT, a new interpretation of its SUV that keeps the 727PS twin-turbo V8 and 310km/h top speed of the performance-focused DBX S but re-tunes almost everything else for comfort and refinement — a deliberate turn towards quiet luxury over outright aggression.

Revealed on 1st October and reaching its first customers in the final quarter of 2026, the DBX GT splits Aston Martin’s SUV range into two distinct characters. Where the DBX S wears its performance assertively, the GT is aimed at buyers who want the same capability delivered with greater restraint and craftsmanship.

“DBX GT is aimed at customers who prefer assured elegance over sporting aggression and demand a higher degree of luxury,” said Aston Martin chief executive Adrian Hallmark. “By refining the visual drama and elevating the interior with new elements of craftsmanship, the DBX GT delivers a true ultra-luxury experience; one which comes with no sacrifice in performance.”

A more discreet character

The changes to the exterior are deliberately understated. The DBX GT introduces a new double-vaned grille and a two-piece metal side strake whose contrasting polished-and-satin finish is drawn from traditional watchmaking, while the lower bumpers, sills and rear diffuser are painted in body colour rather than the assertive black of the DBX S. New 22-inch forged wheels on all-season tyres come as standard, chosen to smooth the ride and reduce road noise, with 23-inch wheels available for those wanting a sportier stance.

“With DBX GT we have taken a more discreet approach,” said chief creative officer Marek Reichman. “One which downplays its outright performance and instead exudes a quiet charisma. Elegantly understated, yet safe in the knowledge it possesses the same performance and class-leading dynamics expected of a DBX.”

The same super-SUV heart

Beneath the restraint, nothing has been softened. The GT retains the bespoke 4.0-litre twin-turbo V8 introduced on the DBX S, producing 727PS (717bhp) and 900Nm of torque, with turbocharger technology shared with Aston Martin’s Valhalla supercar. It accelerates from 0 to 100km/h in 3.3 seconds and reaches 310km/h — figures that, Aston Martin says, make it and the DBX S the world’s most powerful pure-combustion SUVs. The carbon-ceramic brakes and quicker steering rack carry over unchanged.

What has been reworked is the way the car rides. Revised dampers with a new internal valve system, new transmission and subframe mountings and extensive sound insulation are all directed at a calmer cabin; the company claims a 13% improvement in the industry measure of how easily occupants can hold a conversation on the move. A dedicated exhaust tune keeps the GT muted in its standard setting, reserving the full Aston Martin soundtrack for its Sport modes.

Craftsmanship in the cabin

It is inside that the DBX GT makes its clearest case. Its front and rear seats have been redesigned around a thicker layer of memory foam, and a new individual rear-seat layout gives back-seat passengers the same sculpted comfort as those in front, while retaining five seats. A panoramic glass roof is now standard, alongside semi-aniline leather and metal controls finished to what Aston Martin describes as jewellery quality. Each front seat alone, the marque notes, is built using 691 metres of thread and more than four and a half hours of hand-finishing.

Built at Aston Martin’s plant in St Athan, Wales, the DBX GT begins deliveries in the fourth quarter of 2026. Pricing has yet to be announced.

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Photo provided

Monaco’s Museum of Stamps and Coins launches interactive experience for kids

Monaco’s Museum of Stamps and Coins has launched an interactive experience, inviting children to discover the stories hidden within the museum’s collections.

Offered since 30th September, this new activity allows young visitors to become explorers, using a booklet filled with puzzles, games, and challenges to guide them through the museum. Rather than simply observing, children are encouraged to search and investigate collections as they discover the history of stamps and coins, how they’re made, figures who have shaped Monaco’s history, and some treasures that have been preserved by the museum.

The experience was created for children aged eight to fifteen to complete independently, while visitors aged six and over can participate alongside an adult. At the end of the experience, a surprise awaits young explorers.

The activity costs €5, and to mark its launch, the museum is offering one free adult admission with each children’s booklet purchased until 2 November. Adult admission otherwise costs €3. The Museum of Stamps and Coins is open daily from 9:30am to 5pm, giving families the opportunity to discover the museum’s collections through a new, interactive experience.

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Photo by Monaco Life