default-output-block.skip-main
BoF Logo

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.

Chanel CEO Maureen Chiquet to Step Down

Chanel said on Wednesday that chief executive Maureen Chiquet will leave the company by the end of January.
Maureen Chiquet | Photo: Kevin Trageser for BoF
By
  • Reuters

PARIS, France — French luxury goods maker Chanel said on Wednesday that Chief Executive Maureen Chiquet will leave the company by the end of January.

Chiquet, who has been CEO since 2007, is leaving "due to differences of opinion about the strategic direction of the company," the New York Times quoted Chanel as saying.

Chairman Alain Wertheimer will take over operational responsibilities as the company seeks a new leader, the Times reported.

The news of Chiquet's departure came just a day after Chanel exhibited its latest haute couture collection in Paris.

Chanel could not immediately be reached for comment outside regular business hours.

By Ankush Sharma.

© 2024 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions

More from Workplace & Talent
Analysis and advice on the future of work, careers and management.

Discover the most exciting career opportunities now available on BoF Careers — including jobs from Gucci, Bloomingdale’s and Nanushka.





view more

Subscribe to the BoF Daily Digest

The essential daily round-up of fashion news, analysis, and breaking news alerts.

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.
CONNECT WITH US ON
BoF Professional Summit - New Frontiers: AI, Digital Culture and Virtual Worlds - March 22, 2024
© 2024 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions, Privacy Policy, Cookie Policy and Accessibility Statement.
BoF Professional Summit - New Frontiers: AI, Digital Culture and Virtual Worlds - March 22, 2024