Chanel

Luxury Firms Compete for Buildings on Fifth Avenue
Luxury Firms Compete for Buildings on Fifth Avenue
April 08, 2024  |  Retail

Luxury firms Chanel and LVMH are reportedly competing to become the new owner of a building on Manhattan’s Fifth Avenue. Both companies have been in talks to buy the...

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Trouble Ahead for Department Stores as Luxury Brands Move Direct-to-Consumer
Trouble Ahead for Department Stores as Luxury Brands Move Direct-to-Consumer
February 12, 2024  |  Retail

As luxury brands increasingly find ways to create direct relationships with their customers, high-end department store chains are facing new challenges. Ralph Lauren, for its...

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Chanel’s Diner: Where Customers Don’t Go for the Food
Chanel’s Diner: Where Customers Don’t Go for the Food
September 02, 2023  |  Retail

Chanel is opening a diner in Williamsburg, Brooklyn — but don’t expect the typical diner-esqe grubs — burgers and french fries, as it wouldn’t be...

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Citi Ventures’ Zec: ReCommerce Helps Luxury Brands See Second-Life Revenues
Citi Ventures’ Zec: ReCommerce Helps Luxury Brands See Second-Life Revenues
August 18, 2023  |  Merchant Innovation

Etsy, eBay and Craigslist marked the “first generation” of ReCommerce sites — where anybody could sell just about anything to anyone.  Etsy, Poshmark and Depop...

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Louis Vuitton Channels Hermes by Creating Neverfull Bag Waiting List  
Louis Vuitton Channels Hermes by Creating Neverfull Bag Waiting List  
June 13, 2023  |  Retail

Is Louis Vuitton luxury? Depends who you ask and what products you’re looking at. With that even a question among luxury consumers, Louis Vuitton is...

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Chanel Signs Largest Retail Lease Agreement Since the Pandemic in Hong Kong 
Chanel Signs Largest Retail Lease Agreement Since the Pandemic in Hong Kong 
June 05, 2023  |  Retail

Chanel has signed one of the largest lease agreements since the onset of the pandemic — a prominent retail space in the bustling shopping district...

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Report: Chanel Sees Slowdown in Luxury Sector Sales in US
Report: Chanel Sees Slowdown in Luxury Sector Sales in US
May 25, 2023  |  Retail

Chanel has reportedly seen a slowdown in the United States. The privately-held luxury brand’s sales growth in the U.S. has dipped from about 10% in 2022 to “in...

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Sofia Richie’s Wedding Gowns Lead to a 300% Surge in Online Searches for Chanel
Sofia Richie’s Wedding Gowns Lead to a 300% Surge in Online Searches for Chanel
May 05, 2023  |  Retail

In May 2022, luxury fashion label Chanel launched stores purely dedicated to top-paying clients. This move has since been made popular as even other luxury...

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Third-Party, White-Label Solutions Boost Luxury Recommerce Growth
Third-Party, White-Label Solutions Boost Luxury Recommerce Growth
November 15, 2022  |  Retail

Researchers at Spain’s Universitat Politècnica de Catalunya recently published a study showing that reusing 1kg of clothing could save 25 kg of carbon dioxide emissions....

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