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Last month, Chanel reported its financials for the first time in its 108-year history, lifting the company’s traditional veil of secrecy, in part, to quash speculation that it could be acquired. The disclosure revealed that the French luxury giant generated…
Luxury brand Chanel has bought high-end menswear label Orlebar Brown, with plans to expand the label in Asia and North America. The British brand, which specialises in men’s swimwear and board shorts, was bought from founder Adam Brown, the Piper investment…
Younger consumers, those between ages 18 and 24, are one of the driving forces behind the beauty market’s growth, according to Fashionbi’s new “Beauty Market Trend” report. Celebrity brands, natural beauty, personalization and gender-bending products are also…
South Korea’s Customs service has released an intellectual property infringement report detailing the most-seized counterfeit goods over the past four years. According to the report, South Korean officials seized more fake Louis Vuitton products than any…
International fashion brand Chanel has acquired a 20 per cent stake in the parent company of luxury Swiss watch brand F P Journe. The investment, the value of which has not been disclosed, follows the purchase of holdings in Romain Gauthier several years ago…
Chanel Korea has come under fire for allegedly selling a used handbag to a customer. South Korean media outlet News One has reported a customer paid 7 million won (US$6280) for a Chanel 2.55 flap bag at a department store in April. She claims she later found…
Diving into the swelling men’s grooming trend, Chanel is launching its first makeup line for guys, a three-product range, starting in South Korea on September 1. The collection includes a tinted fluid, coming in four colors, a matte moisturizing lip balm, and…
It’s freezing at Prince’s Building with Chanel’s COCO Neige Pop-up store. Chanel has just launched its very first collection of sportswear dedicated to winter sports featured in its new pop-up store at Prince’s building. Australian actress Margot Robbie, new…
Luxury conglomerate LVMH said it plans numerous product launches before the end of the year as it races to stay ahead of fast-growing competitors like Kering SA’s Gucci and closely held Chanel. Second-quarter sales rose 11 percent, the Paris-based owner of…
Givenchy Beauty will open its first South Korean store this month. The cosmetics and skin-care line of the French luxury fashion house Givenchy has taken space in the Hyundai Department Store in the trendy southern Seoul district of Apgujeong. The first store…
French luxury label Chanel has opened a pop-up store in Kuala Lumpur this month, as its KL flagship location undergoes renovations for relaunch in late 2018. Located in Suria KLCC, the 400 square-metre temporary store stocks Chanel’s range of product,…
Luxury fashion house Chanel has released trading figures for the first time in its 108-year history. Total sales for last year were US$9.62 billion, up 11 per cent from the previous year on a constant-currency basis. Asia-Pacific and Chanel’s home market,…
Retro games such as Pacman and Pong take on a new twist at the Coco Game Center in Pacific House until June 18. After last year’s hit Coco Cafe, Chanel Beauty has followed up with another fun beauty concept. With previous stops in Seoul, Tokyo, Shanghai and…
In an effort to become more digitalized, Chanel has tapped e-commerce firm Farfetch, consolidating the partnership with a minority stake purchase in the UK retailer. The French couture house looks to develop digital communication such as chats to connect…
Asia’s pre-owned luxury fashion market is continuing to grow, with shoes and t-shirts gaining ground, according to multichannel retailer Reebonz. Although bags continued to dominate, with an average of 77 per cent of total transactions in 2016 and 2017, both…
Guests who visited Chanel’s Mademoiselle Privé at PMQ in Hong Kong got more than they bargained for. The luxury maison took its exhibition to the next level, blending augmented reality (AR) with physical experience. With the help of a virtual tour app on the…
