Chanel buys a building on the exclusive Avenue Montaigne in Paris
By Bloomberg Published September 18, 2024 Chanel has bought a building on Avenue Montaigne, a prominent shopping destination in Paris,…
Kering
Valentino redefines its catwalk calendar
Published September 12, 2024 With the arrival of Alessandro Michele at the helm of style, Valentino is changing its catwalk…
Chinese grey market dominates online sales of luxury brands
By Bloomberg Published September 3, 2024 China's grey market, where new and authentic goods are sold at deep discounts, is…
Chinese designers trick thrifty shoppers into turning them away from brands
By Bloomberg Published August 30, 2024 Nearly identical copies of some of the world's most popular fashion items, from Lululemon…
LVMH shows that the luxury sector is suffering
By Bloomberg Published July 24, 2024 We’re all drinking less Champagne as the world becomes a scarier place. That was…
Japan, with the yen at historic lows, delights luxury brands
Translated by Roberta Herrera Published July 8, 2024 Luxury houses are experiencing unprecedented success in Japan. For several months now,…
What impact on the luxury industry?
Translated by Nicola Mira Published July 4, 2024 After competing for the biggest and most sumptuous stores, the luxury industry…
China's rich abandon flashy luxury as global sales stagnate, Bain says
By Reuters Published June 18, 2024 The richest Chinese are avoiding flaunting their wealth in favor of more discreet fashion,…
Struggling demand amid rising prices in luxury sector
By Reuters Translated by Roberta Herrera Published June 10, 2024 The departure of Chanel's creative director has deeply shaken the…
Luxury prices in the spotlight as Chanel enters a new chapter
By Reuters Published June 8, 2024 The departure of Chanel's top designer early Thursday sent reverberations through the $1.62 trillion…