chanel

The challenge is particularly acute at Gucci, which missed out on the post-pandemic boom and has struggled since the departure of designer Alessandro Michele in 2024.

High stakes for high fashion: brands bet on luxury revival on the catwalk

A new generation of designers is taking command at three of fashion’s biggest global brands, Chanel, Dior and Gucci

Arthur Heilbronn has taken on management positions overseeing his and his relatives’ real estate, banking and media investments in the six years since joining Mousse Partners.

Chanel owners lean on 38 year-old heir to protect their billions

[PARIS] Arthur Heilbronn has all the traits of being groomed to wield power over one of the world’s biggest multi-generational fortunes.

Couples now have a great selection of treasured pieces with which to mark their wedding day.
JEWELLERY

A time of celebration: Wedding jewellery for keeps

Contemporary options give brides – and grooms – another reason to rejoice

The industry’s outlook has grown even gloomier after US President Donald Trump unveiled global tariffs last month.

Chanel profit tumbles as luxury industry downturn hits sales

Luxury industry majors such as LVMH, Hermes International and Cartier-owner Richemont have recently increased prices on their goods in the US

A Birkin handbag on display at a Hermes boutique. Hermes reported 14.7 per cent global sales growth, though its Asia-Pacific growth slowed to 7 per cent from 19 per cent a year earlier.

Luxury brands cut price of exclusivity as Chinese spending drops

Premium-goods consumers – typically professionals in urban centres or younger generations in rising cities – are tightening their belts

The Diamonds Astroclock is a one-off creation, with a S$2.7 million price tag.
BTLUXE EXCLUSIVE

Chanel rewrites the rules of luxury watchmaking

The iconic J12 line gets a bold new shade, but the star of the show has to be the Diamonds Astroclock, an ethereal one-off creation

Marketplace has emerged as a growth driver for Walmart, allowing the retailer to sell brands it historically has not sold.

Chanel, Prada added to Walmart inventories as part of Rebag partnership

Walmart’s e-commerce sales have been growing rapidly in recent quarters

LVMH is already facing pressure due to slowing sales.

Luxury labels bulk up on lower-priced goods to appeal to middle-class shoppers

Confronting a broad decline in demand for their usual fare, including US$3,000-and-up handbags and US$4,000-and-up cashmere jackets, major marketers of designer and luxury merchandise are broadening t...