The News in Brief

In a sign of the French luxury sector’s booming fortunes, Chanel will on Thursday inaugurate a huge complex of ateliers where artisans from around a dozen accessory suppliers create shoes, embroidery and other handmade crafts.

The e-tailer, which is part of Richemont-owned Yoox Net-a-Porter Group (YNAP), is expanding its operating model to incorporate a marketplace platform to sit alongside its existing wholesale business.

British clothing retailer Primark will not raise prices for its Spring/Summer range despite inflationary cost pressures, the finance chief of its owner Associated British Foods said on Thursday.

view more