By Reuters Published May 20, 2025 French luxury group Chanel will continue to invest heavily this year, drawing on its deep pockets as other sector players pull back, with plans for new stores in China and the United States, despite volatility in both markets, it said on Tuesday. Chanel pushes growth with 48 new stores…
Translated by Nicola Mira Published May 6, 2025 The 2025 edition of the Kantar BrandZ ranking of the 50 most valuable French brands has confirmed the luxury sector’s predominance, with Louis Vuitton, Hermès and Chanel leading the pack. The luxury trio once again monopolised the ranking’s podium. In two years, the aggregate brand value of France’s…
A key element in Chanel’s long-term strategy is building a network of suppliers, some of which it invests in. The latest is Mantero, one of Italy’s greatest silk manufacturers and printers. Silk screen printing of a Chanel design at Mantero’s atelier. – Copyright Chanel Located in Como, the nerve center of the Italian silk-making industry,…
When shopping in Paris, you could follow the tourists to Avenue Montaigne and Rue du Faubourg Saint-Honoré, where off-the-catwalk designs are displayed like venerated artwork. Or, have an adventure and save euros hunting down “gently used” designer clothing at the city’s neighborhood dépôt-ventes, where Frenchwomen of exacting taste consign their castoffs. Unlike your average thrift…
Translated by Nazia BIBI KEENOO Published April 4, 2025 In a matter of months, the world’s three largest fashion houses have either undergone or are preparing for major creative leadership changes. With Matthieu Blazy expected to take over at Chanel, Demna stepping in at Gucci, and Jonathan Anderson reportedly heading to Christian Dior, luxury’s executive…
New figures from the analysts at GlobalData show that both Shein and Adidas grew strongly last year, ending as the big winners among the mega-names of global mass fashion and sports. Bloomberg GlobalData said that a “challenging economy made consumers more selective over where they shopped for apparel in 2024”. Overall, the top 10 players…