Fashion News - Chanel Reports Revenue Dip Amid Luxury Market Challenges, Sets Sights on Global Expansion

 

Paris — Chanel, the iconic French luxury house known for haute couture and timeless fragrances, reported a 4.3% drop in annual revenue to $18.7 billion in 2024, marking its first decline since 2020. The downturn comes amid global economic headwinds, including inflation and shifting consumer demand across key markets.

Operating Profit Down, But Long-Term Strategy Intact

Chanel’s operating profit fell by 30% to $4.5 billion, a figure the company still considers robust. “It remains a very healthy level,” noted CFO Philippe Blondiaux. Despite the decline, Chanel continues to focus on long-term growth, with major investments supporting its transformation under new artistic director Matthieu Blazy.

“This follows a period of extraordinary growth where our revenues nearly doubled over the last three years,” said CEO Leena Nair. “We’re navigating global uncertainty, but our focus remains on what makes Chanel unique.”

IPSEITY Pop Up Store - Portobello Road

Jane Marle is the Founder of IPSEITY, a unique Fashion Platform, which brings together innovative fashion designers from all around the globe, to create an exclusive fashion capsule, bringing unique pieces to truly individual individuals.

Jane Marle grew up in France and moved to London in her teens, where her passion for fashion grew rapidly. She studied fashion styling, art direction and advertising and started her career as a fashion stylist.

HUSH London Pop Up Shop

During this Autumn Winter Season, Hush has created a unique space in London's Belgravia, where you can browse their latest collection up close. You can try on the styles, place your order in store, and Hush will deliver it to your door beautifully wrapped and ready to wear.

'Amazon Fashion Hosts' Fashion Event

Amazon Fashion opened its first pop-up shop in Europe on London's Baker street this week! For five exclusive days between 23 and 27 October 2018, Londoners  were able to purchase a revolving edit of women’s and menswear pieces.

Autumn/Winter 2018 trends were the priority for the first two days, followed by fitness gear on the third, and street and party-wear on the final two days. Events included a Beauty Trends panel discussion hosted by Vogue magazine Beauty and Lifestyle director Jessica Diner, a yoga session with Deliciously Ella founder Ella Mills, and Pepe Jeans denim customisation were also peppered throughout the schedule, along with DJ and acoustic music sets.

Fashion Designer Emilia Wickstead Launches First Activewear Collection

A designer best known for evening dresses and bridalwear, Emilia Wickstead is casting off her feminine virtues in favour of athletic garb. This year, the London Fashion Week favourite has collaborated with Bodyism – a high-end health and fitness brand – to create a 13-piece range of activewear that includes leggings, sports bras, jackets, hoodies, jumpers, jumpsuits and even a yoga mat. 

And while Bodyism founder James Duigan tackled the technical side of things, the style is where Wickstead’s name as a designer really comes into play. Aside from being functional, the collection gives sporty pieces a feminine edge, with her trademark florals and a colour scheme of dusty pink and royal blue.

New Store Opening - 'Nasty Gal' in Carnaby

Girls, get excited. Nasty Gal’s first ever pop-up shop outside the US has hit UK shores, taking residency at 3 Carnaby Street. For the whole month of November, shop stellar clothing, shoes & accessories alongside a line-up of seriously cool talks, DJ-sets, and activities.

Founded by Sophia Amoruso 10 years ago in a tiny San Francisco apartment stacked with killer vintage, a single laptop and an eBay account, Nasty Gal today is a brand for girls who’ve got the confidence to just be themselves. 

Event - Guitarwrist comes to the Newburgh Quarter

What do you get for the person who has everything for Christmas? A brand new store offering exactly what you need has opened in the Newburgh Quarter. Discover guitarwrist, 2 Newburgh Street, a non-for-profit jewellery collection created by used guitar strings from internaitonal artists, open until the New Year. Soon you could be wearing a unique piece from the guitar strings of Stereophonics, Duran Duran or Pendulum.

The jewellery collection of bracelets, rings and necklaces are designed by Emma and Kitty Hedley and are dedicated to raising funds for charity from the sales. 

Garbstore Opens 'Garbstore.Ten' on Earlham Street

Garbstore.ten, has just opened at London’s 9 Earlham Street, to celebrate a decade of Garbstore’s eponymous British menswear label and the inspirational brands and designers they have worked with. 

The store will be open until the end of January 2018, and the space will host a number of exclusive collaborations, events and rotating exhibitions kicking off with ‘Reebok The Next Step: Running Heritage’.

Head in store to discover AW17 collections from sought after brands including Kapital, Engineered Garments, Needles and Brain Dead alongside a carefully sourced selection of home accessories, stationery and textiles.

New Store Opening - RIXO London

RIXO London, the brand on everyone’s lips and a favourite among the fashion elite, has just opened its new store in London's Seven Dials shopping district.

Stop by to discover this season's collection of chic vintage-style dresses and separates in bold, hand-painted prints, plus in-store exclusives which are so popular, that will not be around for long. 

Five New and Exclusive Shoulder Bags

FENDI Kani I Special metallic leather shoulder bag

Founded in 1925, Fendi is coveted for its creative designs and luxury Italian craftsmanship. A stand-out variation of the 2017 favourite, this Kan I shoulder bag is fashioned from metallic leather and accented with tone-on-tone pyramid studs, dainty flowers and signature 'Bag Bug' eyes. 

The FENDI Kani I Special metallic leather shoulder bag

Five Amazing Looks from the forthcoming White Stuff AW17 Womenswear Collection - Preview

In an exclusive Press Day in London, White Stuff unveiled its Autumn Winter 17 (AW17) Womenswear Collection. Ranging from skinny jeans and jumpers, to clutch bags and earrings, this extra cool collection is a must have for the coming season. 

CandyRocks Fashion Show by L.E.D. Fashion Platform

After another successful L.E.D Awards, L.E.D Fashion Platform is back and shaking things up with a Red Carpet Fashion Show and Networking Event like no other!

Taking place at St James Church, Clerkenwell close, in East London, on Saturday 17 June 2017 from 6-10pm, the CandyRocks Fashion Show promises to be an unforgettable fashion experience, where guests will enjoy two exclusive Catwalk Shows by a number of emerging London designers. 

Hello Kitty x Lazy Oaf Collection

Lazy Oaf has teamed up with Hello Kitty to bring the cutest looks for SS17. From skirts to pinafores, the two brands have joined forces to release a 16-piece exclusive collection, all featuring Hello Kitty’s adorable face.

Lazy Oaf founder, Gemma Shiel, is a huge fan of Hello Kitty, so the collaboration was a no brainer for the brand, which is hugely inspired by the Japanese popular culture.

Fashion Exclusive - The Pin Up Pop Up Shop

Opening on Thursday 8 June and for four days only until Sunday 11 June, the 'Pin Up Pop Up Shop' (#PinUpPopUpShop) is coming back to London for the second successive year, featuring Brands Silly Old Sea Dog, Love Ur Look London, For Luna Swimwear and Zoe Vine Ltd.

Shop and Party Time

On Thursday, DJ Lydia and her collection of retro tunes will be taking over the shop between 6-9pm, along with drinks, nibbles, goodie bags, dancing and an exclusive 10% discount across all purchases made on the night. 

Five new amazing flats from Kurt Geiger

Kurt Geiger London has stepped up the mule trend with confident elegance: Nala is an almost-flat structure in deep red, embellished with folds of pink satin at the toe strap and a detailed embellishment for further appeal.

New Restaurant and Bar - The Roof Deck

Selfridges is celebrating summer in style with its exciting new concept restaurant, The Roof Deck Restaurant and Bar at Selfridges Oxford Street, London.

This Californian-style dining space is the perfect spot to relish the London summer and dine al fresco below a (hopefully) sunny sky. Get stuck in and try something tasty from the menu, from flavorsome grills to the best guacamole in town. So head up to the rooftop at Selfridges London and sip a delicious seasonal cocktail (or two, or three) before delving into the delicious menu.

Fashion Designer - MOTO GUO

Moto Guo is an eponymous label, founded by Moto Guo, backed by his business partner, Jay and accompanied by his alter ego, Kinder in 2015. Initially a menswear label, Moto Guo is the brainchild of Guo's endless yet detailed mindmap that pieces both his and Kinder's bits and bobs. Guo's particularity and sensitivity towards core functionality clashes Kinder's sentimental notions and visions in the oddest way.

Big Data Predicted Fashion Trends Spoils E-Commerce Giant Globalegrow's Customers

SHENZHEN, China -- Globalegrow, the leading cross-border e-commerce enterprise, unveiled a capsule collection of stripes this month, which achieved a sales growth of more than 35%. They believed that the popularity of stripe elements must continue to grow in the spring/summer season 2017.

The collection of strips is featured with a complete line of items, including tops, dresses and bodysuits. After the New York Fashion Week opened on early February, the data analysts from Globalegrow noticed a sharp increase by 40% of the search volume of the keyword 'stripes' compared with January. While professional stylists also reported that the striped items would be a thing in the coming season.

Iconic Designer Manfred Thierry Mugler Teams Up With Architect Editor Jean-Paul Cassia To Expand His Creative Influence!

Jean-Paul Cassia has announced his partnership with one of 21st Century’s most influential design creators: Manfred Thierry Mugler.

Founded in 1958, and now led by award-winning architect editor and developer Jean-Paul Cassia, +Cassia welcomes to its stellar team "the prophet of futurism" as he has been referred to, and an instinctive designer who believes that the "intellect is the servant of the spirit". 

Jean-Paul Cassia and Manfred Thierry Mugler have decided to create a real estate design signature partnership with the intent of crafting projects and destinations that combine the power of Manfred’s creative genius with Jean-Paul’s ability to conceive and orchestrate projects that become “stage sets for the great adventures of life”.

London Fashion Week honours Richard Nicoll with Nicoll Blue

In a special tribute to Richard Nicoll, London Fashion Week February 2017 salutes his talent with a colour dedicated to him, Nicoll Blue, chosen by a group of his close friends and developed by the Pantone Color Institute. The Arundel St and main entrance to The Store Studios, 180 Strand; the central hub of LFW, have been painted in Nicoll Blue to honour the designer after his sudden passing in October, 2016.

Born in London and brought up in Australia, Richard Nicoll graduated from Central Saint Martins MA in 2002. He emerged as a member of the new wave of London talent, whose original take on modern sportswear fused with relaxed tailoring won him NEWGEN sponsorship in 2006 and three Association Nationale pour le Développement des Arts de la Mode (ANDAM) awards. His experience beyond his eponymous label included freelance design for Marc Jacobs at Louis Vuitton, the creative direction of Cerruti 1881, Fred Perry and later of youth label Jack Wills. In June 2012 he launched his debut menswear line at London Collections Men (now London Fashion Week Men’s).