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This Week: Chanel Under the Microscope

The French couture and beauty giant will stage a major show in Hangzhou on Dec. 3, amid a severe slowdown in luxury demand and signals that a new designer will soon be announced.
Chanel has been a hot topic in industry circles lately — and not just because the French couture and beauty giant is expected to announce a new designer before the Christmas holidays.
Chanel has been a hot topic in industry circles lately — and not just because the French couture and beauty giant is expected to announce a new designer before the Christmas holidays. (Getty Images)

Chanel has been a hot topic in industry circles lately — and not just because the French couture and beauty giant is expected to announce a new designer before the Christmas holidays.

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Further Reading

Are Luxury Brands Still Worth It?

Luxury’s results ‘superweek’ underscored just how far consumer demand has fallen. Macroeconomic gloom is part of the problem, but there may be deeper issues with big luxury’s value proposition.

Inside Luxury’s Slowdown

Economic headwinds, higher prices and a lack of novel design are all weighing on what was previously fashion’s most dynamic segment. LVMH’s quarterly results Tuesday will offer hotly-watched insights on the severity of the slowdown and how long it will last.

About the author
Vikram Alexei Kansara
Vikram Alexei Kansara

Vikram Alexei Kansara is Editorial Director at The Business of Fashion. He is based in London and oversees BoF’s luxury, fashion week, art, sustainability, global markets and opinion verticals.

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