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.
CANNES, France — Chanel has tapped Johnny Depp's 16-year-old daughter, Lily-Rose, to represent a new perfume.
Lily-Rose Depp announced the news on Instagram alongside a picture of her kissing a bottle of Chanel No. 5 L'Eau. Chanel also made an announcement with a picture of Depp on its official Instagram. The campaign comes on the heels of Depp's stint modeling eyewear for the French luxury line last year.
Depp's mother is model Vanessa Paradis.
The teen plays pioneering American dancer Isadora Duncan in "The Dancer," which screened last week at the Cannes Film Festival in France.
The designer has always been an arch perfectionist, a quality that has been central to his success but which clashes with the demands on creative directors today, writes Imran Amed.
This week, Prada and Miu Miu reported strong sales as LVMH slowed and Kering retreated sharply. In fashion’s so-called “quiet luxury” moment, consumers may care less about whether products have logos and more about what those logos stand for.
The luxury goods maker is seeking pricing harmonisation across the globe, and adjusts prices in different markets to ensure that the company is”fair to all [its] clients everywhere,” CEO Leena Nair said.
Hermes saw Chinese buyers snap up its luxury products as the Kelly bag maker showed its resilience amid a broader slowdown in demand for the sector.