Few luxury brands have been as quietly busy as Chanel, which has strategically bought stakes in three new businesses and, just this week, unveiled the structure of its new center for artisanal excellence, called 19M.
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Few luxury brands have been as quietly busy as Chanel, which has strategically bought stakes in three new businesses and, just this week, unveiled the structure of its new center for artisanal excellence, called 19M.
After nearly defaulting in 2016, the second-hand apparel and accessories website has become a key player in Europe, with France its stalwart, and is now focused on extending its product range to become profitable.
Luxury conglomerate LVMH has acquired a stake in Madhappy, the American direct-to-consumer casualwear brand, via LVMH Luxury Ventures, an investment vehicle with the group that previously bought into Gabriela Hearst.
Coinciding with the launch of a new collaboration with Red, the nonprofit organisation, FashionNetwork.com talks about luxury, strategy and branching out with Nicolas Baretzki, CEO of Montblanc.
FashionNetwork.com visited the European offices of the US sportswear giant to find out about its plans for Europe, where, hit by the ‘yellow vest’ protests in France, it is concentrating on London and Milan.
Chanel has unveiled the structure of its new 19M building in the northeast corner of Paris, designed to group all Métiers d’Art businesses in a unique constellation of French savoir-faire.
For the past few years, cool active sport brands worldwide have been obsessed with one role model – Moncler. One other brand carving out new territory on the apparel map is Rossignol, the nec plus ultra of Alpine skis.
Chanel is working on a new operation in the leather sector, and is about to finalise the acquisition of the Degermann tannery, a calfskin specialist, as Degermann itself confirmed to FashionNetwork.com.
The company set up from scratch in 2014 by luxury group Kering, the industry’s first to internalise its eyewear business, is about to top the €500 million revenue mark, and says it isn’t interested in Safilo.
FashionNetwork.com, the world’s leading multi-lingual fashion news source, and FashionJobs.com, the industry’s leading employment website, are pleased to announce a new reader-friendly site redesign as of Oct. 7, 2019.