The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
Pavlovsky, president at Chanel, will succeed Puig’s Ralph Toledano, who has served as president of the fédération since 2014. Pavlovsky was elected for four years.
At the fédération general assembly meeting on July 1, Pascal Morand was confirmed to continue serving as executive president. The executive committee also includes Saint Laurent’s Francesca Bellettini, Isabel Marant’s Anouck Duranteau-Loeper, Elsa Lanzo of Rick Owens, Hermes’ Guillaume de Seynes and Givenchy’s Sidney Toledano.
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Why Chanel Doesn’t Want to Change the Fashion System
The French luxury titan is doubling down on six shows per year and the Cruise extravaganzas pioneered by Karl Lagerfeld. Chanel’s Bruno Pavlovsky lays out the logic to Tim Blanks.
The privately-held fashion and beauty giant’s sales rose 17 percent to $17 billion in 2022. Private salons for top-spending clients, emerging technologies and a new London headquarters are on new CEO Leena Nair’s agenda.
How a unique approach to supply chain, design, communications and retail has powered blockbuster demand for iconic bags like the Birkin and Kelly, enabling the French leather goods house to face down rivals and become a global megabrand with a market capitalisation greater than Nike’s.
The production company, which was caught up in Balenciaga’s recent controversy, has won acclaim for its work on luxury campaigns over the last two decades. Now, it joins a growing portfolio of PR and creative agencies including Purple and King & Partners.
A blistering rally in luxury goods stocks this year powered by international demand, particularly from China, has taken a hit, wiping out more than $30 billion from the sector on Tuesday.