Why Did Matthieu Blazy Leave Bottega Veneta? Matthieu Blazy's departure from Bottega Veneta was primarily driven by the opportunity to helm Chanel as its new creative director. During his tenure at Bottega Veneta, Blazy was instrumental in enhancing the brand's prominence, with sales rising 4% to €1.23 billion in the first nine months of 2024 […]
The Best of Paris Haute Couture Week S/S 2025: Glamour, Drama, and Unforgettable Fashion Moments Paris Haute Couture Week S/S 2025 is officially underway, and the fashion world is in full celebration mode. From the ever-stylish Chanel to the daring Icarus-inspired creations from Schiaparelli, the week is brimming with high drama, jaw-dropping designs, and all […]
Celebrities Shine at Paris Haute Couture Fashion Week 2025 Paris Haute Couture Fashion Week 2025 has officially begun, with A-listers turning up in full force to showcase their style, making the event as glamorous as ever. Among the crowd of renowned stars are Kylie Jenner, Lily-Rose Depp, Megan Thee Stallion, and more, all bringing their […]
Matthieu Blazy: A New Era for Chanel Chanel has announced Matthieu Blazy as its new artistic director, marking a pivotal chapter in the legacy of one of the world’s most iconic luxury fashion houses. At 40 years old, the Franco-Belgian designer is set to begin his tenure in 2025, succeeding Virginie Viard, who stepped down […]
In 2021, luxury French fashion house Chanel recorded $15.6 billion in sales, according to figures it shared with Business of Fashion. The figure marks a 50% increase over its 2020 sales, and a 23% increase over its 2019 sales. The fashion house achieved these impressive results despite the Covid-19 pandemic, rising inflation, and spending $1.8 […]
Hermes and Cartier were the first brands to announce such moves, shortly followed by Chanel, Kering, and LVMH. Via a LinkedIn post, French fashion house Chanel said, "Given our increasing concerns about the current situation, the growing uncertainty and the complexity to operate, Chanel decided to temporarily pause its business in Russia.” Meanwhile, luxury goods […]
Luxury is arguably the industry that has undergone the most disruptive changes over the years. To operate successfully in the luxury universe calls for a new and nuanced understanding of how luxury is changing and how companies create economic value and cultural value out of that change. Dr Federica Carlotto, lead faculty of a new […]
In a statement, Chanel said that French billionaire Alain Wertheimer, who owns Chanel with his brother Gerard Wertheimer, would take on the role of global executive chairman. Nair, 52, has 30 years of experience at Unilever. She has served as the global consumer goods company’s first female, first Asian, and youngest ever Chief Human Resources […]
And although luxury brands have an advantage over fast-fashion retailers because their products are items that you’d keep in your collection for years to come, they shouldn’t ignore the growing trend towards sustainable and conscious products. Millennials and Gen Z consumers, who are currently driving 85% of global luxury sales growth, are actively making changes […]
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