Chanel sees executive changes amid weak luxury demand | Retail News France

[ad_1] Chanel has seen several executives leave the luxury fashion house in recent months amid a slowdown in demand for the sector’s pricey goods. Two years into Leena Nair’s tenure…

Chanel Heir Becomes Switzerland’s Richest Resident, Bilanz Says

[ad_1] Chanel heir Gerard Wertheimer became the richest Swiss resident after the post-pandemic boom in luxury goods boosted his wealth to as much as 42 billion Swiss francs ($47.6 billion)…

Chanel heir with a $48 billion fortune is the richest person in Switzerland thanks to a post-pandemic luxury goods boom

[ad_1] The co-owner of Chanel—who is also an investor in racehorses and wineries—saw his wealth surge so much last year that he is now the richest person in Switzerland, according…

Chanel show reportedly a week away – as Mancs call for catwalk to stay

[ad_1] This is how the ‘fashion event’ space is taking shape on Thomas Street in the Northern Quarter — but who is behind still hasn’t been officially announced. That’s despite…

Chanel Makes Strong Statement for Watches and Fine Jewelry in Milan

[ad_1] MILAN — Chanel is making a statement in Milan’s Via Montenapoleone with its new fashion, watches and fine jewelry boutique, the brand’s first twin store in Italy. It covers…

Chanel heir is Switzerland’s richest resident, Bilanz says

[ad_1] Chanel heir Gerard Wertheimer became the richest Swiss resident after the post-pandemic boom in luxury goods boosted his wealth to as much as 42 billion Swiss francs ($47.6 billion)…

What Chanel’s Shenzhen show reveals about its strategy in China

[ad_1] This article is part of our Vogue Business Membership package. To enjoy unlimited access to Member-only reporting and insights, our NFT Tracker, Beauty Trend Tracker and TikTok Trend Tracker,…

Chanel Leases New Space in Hong Kong’s Causeway Bay

[ad_1] Chanel rented a two-floor shop in Hong Kong’s prime shopping area Causeway Bay, signing one of the biggest leases since the pandemic. The luxury brand committed to a three-year…

Marketing strategies to close luxury deals – ET BrandEquity

[ad_1] Representative Image For obvious reasons, we all know those brands that are considered as luxury brands when we see them. Think about Ferrari and BMW, Gucci and Chanel, and…

Chanel boss seeks to put IPO rumours ‘to rest’

[ad_1] Chanel has ruled out an initial public offering, insisting that it can hold on to its privately owned status and remain the world’s second-biggest luxury brand. “We’re going to…