Stories on fashion and luxury you won't read elsewhere

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Stories on fashion and luxury you won't read elsewhere
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Astrid Wendlandt
09/06/24
Virginie Viard and Chanel parted ways this week. Her exit is the result of several factors that brought an end to the 30-year collaboration between the French luxury powerhouse and Karl Lagerfeld’s former right-hand designer.
Astrid Wendlandt
02/06/24
In the common conscience, for the past twenty years China represented an untapped reservoir of demand for Western beauty, fashion and luxury brands. That image may have to disappear from people’s minds.
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Weekly highlights
Week from 2024-06-03 to 2024-06-07
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Gucci owner Kering has a performance problem. Most of its brands, including its cash cow Gucci, are in decline. That has, of course, created an image problem as well. It will take time for Kering to improve its performance, particularly that of Gucci. It may be quicker to try to sort out its image. That is why it was important to appoint a new person to take on this responsibility after the departure of Valérie Duport, chief communications and image officer, three months ago.
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The generational handover at LVMH continues apace. The long-standing Chief Financial Officer, Jean-Jacques Guiony, 62, is planning to move on in 18 months’ time. He will be replaced by Cécile Cabanis, 52, who has been appointed LVMH’s new deputy finance director. She spent 17 years at the French yoghurt maker Danone.

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