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Stories on fashion and luxury you won't read elsewhere
Miss Tweed:
Stories on fashion and luxury you won't read elsewhere
Stories on fashion and luxury you won't read elsewhere
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Astrid Wendlandt
17 November 2024
Matthieu Blazy, the French-Belgian talent behind the surge in popularity of Bottega Veneta, has beaten out all rivals to clinch the top job in fashion: designer of Chanel and heir to Karl Lagerfeld. That’s what senior industry sources told Miss Tweed this week.
If confirmed as Chanel’s new creative director, which is expected to happen shortly, Blazy will infuse new life into the French powerhouse and help it recoup some of the relevance and fashion edge it has lost in recent years under the aegis of Lagerfeld’s former right hand, Virginie Viard, who stepped into the role after the maestro died in 2019, on the cusp of the pandemic.
If confirmed as Chanel’s new creative director, which is expected to happen shortly, Blazy will infuse new life into the French powerhouse and help it recoup some of the relevance and fashion edge it has lost in recent years under the aegis of Lagerfeld’s former right hand, Virginie Viard, who stepped into the role after the maestro died in 2019, on the cusp of the pandemic.
Weekly Highlights
Heads continue to roll at LVMH. Stéphane Rinderknech, head of LVMH’s beauty and hospitality unit, is the next in line to lose his job, sources close to the group say. The former L’Oréal executive, who has faced several harassment cases at the French beauty group, is under investigation for poor treatment of staff at LVMH, as Miss Tweed reported last week. Rinderknech is expected to be replaced by Laurent Boillot, who was CEO of Hennessy and previously led Guerlain, one of France’s oldest perfume brands.
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Astrid Wendlandt
15 November 2024
French-Belgian designer Matthieu Blazy has emerged as a frontrunner to take the most coveted job in fashion : creative director of Chanel. His appointment, if confirmed, is expected be announced mid-December, several industry sources said.
Astrid Wendlandt
10 November 2024
LVMH is going through a tough transition phase. Not only is the French luxury giant facing the worst downturn in decades, it’s parted ways with roughly half of its executive committee since the beginning of the year.
Astrid Wendlandt
7 November 2024
Chantal Gaemperle, the powerful head of human resources at LVMH, has been dismissed, several industry sources said. If confirmed, it would mean that the children of LVMH CEO and controlling shareholder Bernard Arnault won the battle they’ve been waging for months to oust her, the sources added.
Astrid Wendlandt
3 November 2024
There is growing industry chatter that high-end puffer jacket maker Moncler could be considering making a bid for London-listed Burberry to create an outdoor specialist giant. Several industry sources say Bernard Arnault, CEO and controlling shareholder of industry leader LVMH which recently invested in Moncler, is keen to see such a deal happen.
Fabio Becheri
1 November 2024
Burberry’s outerwear campaign, “It’s Always Burberry Weather,” launched last month, marks a clear change in direction. The British brand known for its trademark check went straight back to its heritage and eliminated references to its catwalk collections. The focus now is on outerwear and no longer on fashion.
Astrid Wendlandt
27 October 2024
Business may be tough for the leading luxury brands but players in the second-hand market feel optimistic about the future. Vestiaire Collective and eBay are top players in the field. The French online luxury market has just received an extra cash injection from its main private equity backer. The U.S. firm, a veteran of the “we sell anything” style of e-commerce, is enjoying solid trading.
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Miss Tweed's Boutique
A Year in the News 2022-2023 is a compilation of Miss Tweed's stories published online during its third year. It is a way to immortalize on paper the media's digital content. Like our previous yearbooks, A Year in the News 2022-2023 is a limited edition and a collector's item. It celebrates the work of Claire Laude. Each one of her illustrations runs next to the first two paragraphs of the corresponding exclusive news or analysis.
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Author and journalist Astrid Wendlandt conducted a four-year investigation into the secretive world of fashion and luxury involving hundreds of interviews with top executives and designers. How Luxury Conquered the World explains how this industry has become one of the pillars of the global economy, putting it on a par with Google, Amazon, Facebook and Apple combined in terms of job creation and economic might.
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