Chanel Recalls Le Corbusier in Glittering, Snow-White and Red Collection

Chanel Haute Couture A/W 2015 | Source: Reuters

PARIS, France — Fashion designers and architects are very different animals, but their eye for form and sculpture is the same, which may be why Karl Lagerfeld drew influence from the pioneering architect Le Corbusier for Chanel's Fall/Winter 2014-2015 collection presented on Tuesday.

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Female Fashion Addicts Change China’s $19 Billion Market

Louis Vuitton in Shanghai | Source: Flickr

BEIJING, China — Lisa Yan is the new face of the Chinese luxury consumer: female and fashion-forward. The 26-year-old finance saleswoman checks social media daily to see what celebrities or friends are wearing. She wears Burberry coats, alternates between a light blue Valentino bag and a black Dolce & Gabbana one for work, and reads magazines such as Vogue.

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Luxury in China Loses Lustre as Wealthy Flee

Dior store in Beijing | Source: Shutterstock

HONG KONG, China — Wealthy Chinese are likely to buy fewer luxury goods again this year after the steepest cut-back on spending in at least five years, changing the game for high-end retailers like Louis Vuitton which have staked their growth on China.

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Market Pulse | Cashing In

Savigny Luxury Index December 2013 | Source: Savigny Partners

Uncertain expectations over Christmas trading amidst mixed retail signals led many institutional investors to take their profit before closing their books at year-end. Meanwhile, the travel retail channel continues to surge and M&A activity remains buoyant, reports Pierre Mallevays of Savigny Partners.

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