Chanel

Chanel Launches Necklace-Watch That Connects to Smartphone
Chanel Launches Necklace-Watch That Connects to Smartphone
August 26, 2024  |  Wearables

Chanel has reportedly launched a watch that is worn as a necklace and includes integrated wired headphones, a microphone and remote control. When connected to the...

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Luxury Brands and Retailers Rethink Strategy Amid Economic Challenges
Luxury Brands and Retailers Rethink Strategy Amid Economic Challenges
July 10, 2024  |  Retail

With the high cost of maintaining a luxury brand, key players are making major decisions, changing the way they operate to navigate the current challenging...

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Wealthier Buyers Rethink Luxury as Brands Raise Prices
Wealthier Buyers Rethink Luxury as Brands Raise Prices
July 04, 2024  |  Retail

Are the world’s wealthy falling out of love with luxury goods? An opinion piece published Thursday (July 4) in the Financial Times argues that the rich —...

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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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