Chanel Financial News

Subscribe to enjoy similar stories. Celebrities and clients arrived Tuesday afternoon to an empty Manhattan subway station in black SUVs, dodging puddles that threatened to destroy their Chanel slingback heels. The gritty Lower East Side underground location was a surprising choice for Chanel’s first New York fashion show in seven years, even if the Bowery station’s out-of-service platform is often used as a film set and doesn’t have a pizza rat in sight.

Subscribe to enjoy similar stories. One of the highlights of 2025 has been the entry of more niche fashion and luxury brands into India. Whether it’s crystal maker Baccarat or elevated ready-to-wear COS, shopping options for the Indian consumer have grown widely this year.

Subscribe to enjoy similar stories. Chanel went months without a creative director before announcing Matthieu Blazy as Virginie Viard’s successor. In fashion, creative directors are royalty.

Subscribe to enjoy similar stories. There will be fewer designer handbags and high heels under Christmas trees this year. Spending on personal luxury goods is set to fall by 2% in 2024, according to Bain, a consultancy.

cinema has been started by Chanel's Culture Fund. This project, which focuses on film restoration, experimental initiatives, and cultural interaction throughout Hong Kong and Thailand, bridges the gap between tradition and innovation with the help of well-known individuals Tilda Swinton and Apichatpong Weerasethakul.

Matthieu Blazy, the French-Belgian national, since 2021 has served as Bottega Veneta's creative director. In 2025, he will join the legendary French house. Chanel announced on Thursday, after months of intense speculation, that Matthieu Blazy has been appointed as its artistic director of the house's fashion activities. Blazy will oversee all haute couture, ready-to-wear, and accessory collections. The president of Chanel Fashion and Chanel SA, Bruno Pavlovsky, will receive his reports. In a joint statement, Chanel's global CEO Leena Nair and global executive chairman Alain Wertheimer referred to the designer as one of the most gifted designers of his generation. His talent and vision will strengthen the brand's energy and our position as a luxury leader.

One of the most prestigious roles in global fashion has just been filled, as Chanel announced Matthieu Blazy as its new artistic director

Mint for the first three to four years, she wasn’t making much. By 2016, however, things started to improve, and her income rose to about ₹2 lakh per month. “Back then, there were no stories or reels; there were only static pictures, and I was paid to post pictures and blog." The pandemic accelerated an already booming influencer marketing industry, with the internet becoming a primary source of entertainment.

They may be known for selling millions of dollars worth of Picassos and Warhols, but prestige auction houses are also some of the last places you can reliably buy a luxury bag in impeccable condition for four figures instead of five. Auction houses like Christie’s and Sotheby’s have grown their handbag businesses in the past decade, as demand for name brands like the Hermès Birkin and Chanel’s flap bag has increased. Thanks to social media, young people are more interested in and knowledgeable about the accessories market than ever before, especially the ins and outs of collecting.

A northern Virginia county has announced arrests in multiple thefts targeting high-end retail stores in the county

Tesla annual shareholder meeting with Elon Musk, the man at the centre literally stood out as much in his black t-shirt and four-pocket tan grey safari jacket as much for the bigger battle of perception he had just won. Musk Black has always been his favoured colour. It accentuates his Roaring Twenties ‘Armani black suit-iridium white shirt’ power chic, as well as casual t-shirt and sheepskin aviator flying jacket look. The two blacknesses are complementary, lying outside the frivolous binary of formal-informal other 21st businessmen seem to insist on flaunting. ‘Women think of all colours except the absence of colour. I have said that black has it all. White too. Their beauty is absolute. It is the perfect harmony,’ is how Coco Chanel saw the ying and yang of couture colours. To think that Musk, Texan and as un-Coco as Coca-Cola can get, is blind to such aesthetics is to make a cardinal error in both business chic and powerplay of taste.

Virginie Viard, the creative director of Chanel who replaced Karl Lagerfeld after his death, is leaving the fashion house

Rolls-Royce. Epitomizing the lifestyle of "champagne wishes and caviar dreams," these royals embodied Coco Chanel's notion of luxury—where true extravagance begins after necessity ends. Take, for instance, Maharaja Bhupinder Singh of Patiala in the 1920s, who commissioned Cartier to create a lavish necklace featuring the seventh-largest polished diamond in the world, a rare 234.65 carat yellow cushion-cut De Beers diamond, weighing around 1,000 carats in total.

Travis Kelce never stops impressing his girlfriend Taylor Swift with his unwavering support and appreciation. This time, according to The Sun report, Kelce has showered his love on the The Tortured Poets Department album singer by gifting her a $11.7k Chanel bag along with bespoke leather jackets and her favorite flowers.

Lounge spoke to four women across the country to find out which bags work well for them. What’s your definition of a perfect work bag?It must be functional and stylish. As I travel a lot, the weight of the bag should not weigh me down.

Becoming Karl Lagerfeld,' a French TV series exploring the early years of the iconic fashion designer Karl Lagerfeld. Starring Daniel Brühl, the show is set to premiere on June 7, 2024, offering a glimpse into Lagerfeld's journey to fashion stardom.

Karl Lagerfeld was a mega-collector. Of high-collared white shirts (1,000). Of books (300,000). Of period décor (art deco, Memphis Group, 18th-century European). And of homes — at least 20, in Europe and in New York. «He loved buying, redesigning and decorating houses,» said Sébastien Jondeau, the longtime assistant and bodyguard of the fashion designer, who died in 2019 at age 85. «It was a true passion.» One of those homes, the Bond-villain-like lair on the Quai Voltaire in Paris that was Lagerfeld's last residence — sold at auction at the Chamber of Commerce and Industry of Paris on Tuesday for 10 million euros ($10.8 million). More than 50 attendees gathered for the sale of the 2,800-square-foot apartment, which Lagerfeld shared with Choupette, his beloved blue-eyed Birman cat. Bidding began shortly after 10 a.m. at 5.3 million euros, and quickly turned into a standoff between two parties: one who was off-site and communicating through an auction official in the room via a landline telephone, the other who was represented by a French lawyer seated in the second row and taking instruction on his cellphone.

ET Awards has always been ‘Work Hard, Play Hard, At the Same Time.’ That was on full display after the award ceremony at the Taj Mahal Palace in Mumbai when some 40 special guests joined host Samir Jain and foreign minister S Jaishankar, also ET Reformer of the Year, in some serious power chitchat over haute cuisine and ‘hauteur’ company.

catwalk is getting her own exhibition. The Victoria and Albert Museum in London is launching «NAOMI: In Fashion», a celebration of Naomi Campbell's enduring career. The exhibition, which opens in June, will showcase memorable designer outfits worn by Campbell, one of the most recognisable models and Black women in the world. «I'm honoured to be asked by the V&A to share my life in clothes with the world,» Campbell, 53, said in a statement. Sonnet Stanfill, a fashion curator at the museum, called Campbell «one of the most prolific and influential figures in contemporary culture.»

here to register now. Here is the full list of winners. Reformer of the Year: S Jaishankar, Minister of External Affairs External affairs minister S Jaishankar has led from the front in steering India’s trade and economic diplomacy through the year amid multiple geopolitical uncertainties.

Leena Nair. Reflecting on her journey, she said, «Over the past decade, residing in London, I've been increasingly exposed to luxury brands. My first exquisite Chanel bag remains one of my most cherished possessions. Now, my life has transformed, attending numerous fashion shows across the world.»