Chanel heir David Wertheimer hires new investment chief, unveils $110M portfolio

By Bloomberg Published April 17, 2025 David Wertheimer, son of Chanel co-owner Gérard Wertheimer, is expanding his private equity firm, 1686 Partners, by naming a new investment lead and revealing a growing portfolio of high-end brands. David Wertheimer – Credit: Dave Benett/Getty Images According to the executive’s LinkedIn profile, the 38-year-old entrepreneur has appointed David […]

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Chanel names Ananya Panday as first Indian brand ambassador

French luxury fashion brand has named Bollywood celebrity and actor Ananya Panday as its first brand ambassador for the Indian market as the business increases its focus on the country.  Ananya Panday (left) wearing a Chanel bag in a photo to accompany her announcement of becoming a Chanel ambassador – Ananya Panday- Facebook “Beyond grateful […]

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Luna launches premium beauty location in Mumbai

Luna, a new beauty and wellness clinic, has launched in DN Nagar, Upper Juhu, Andheri West. Founded by medical professional Dr Hina Mukadam, the clinic offers science-backed skincare, slimming, and trichology services aimed at Mumbai’s premium shoppers. Inside Luna’s Mumbai location – Luna “With over a decade in the medical field, I’ve always believed in […]

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Vestiaire Collective launches inaugural Resale Buying Guide, highlights include demand for vintage

In the past, investment dressing broadly referred to pieces that would live in one’s wardrobe for years, even decades, due to their classic and versatile nature. Today, investment dressing refers to how well your purchase will retain and regain its initial cost when resold. Popular vintage bag models, according to Vestiaire Collective – Courtesy Vestiaire […]

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Chanel wins case against luxury vintage reseller What Goes Around Comes Around

Chanel has flexed its brand-protective muscle and came out on top. In a landmark trial that lasted nearly a month, a jury has ruled in favor of the French luxury behemoth for its claim that New York-based indie vintage reseller What Goes Around Comes Around far exceeded first sale doctrine practices and sold fake Chanel […]

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Chanel names new Asia leaders as senior departures pick up

By Bloomberg Published Feb 2, 2024 Chanel named two executives to replace Vincent Shaw, its Asia Pacific president, when he steps down later this year, as turnover picks up among members of the fashion house’s old guard. Renaud Bailly, Chanel China and Angelica Cheung, Vogue China – Vogue Shaw will retire at the end of […]

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Gen Z Is splurging on luxury goods to soothe their economic despair

By Bloomberg Published Jan 31, 2024 What really matters anyway? That’s what Nia Holland, 24, thought after spending $2,500 on a vintage Chanel bag, draining her savings. Earning little money with campus research jobs during graduate school, she knew her money could be better spent, saved or invested. Chanel But at the same time, she said it […]

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Véronique Gautier steps down as global president

Translated by Nicola Mira Published Jan 31, 2024 Véronique Gautier, global president of Armani Beauty since 2010, has announced she is stepping down from the role and leaving the L’Oréal Group, which has held the Italian label’s beauty products’ licence since 1988. The Acqua di Gio Absolu perfume – DR “Time has come to say […]

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A promising line-up for February Fashion Week with the return of Vetements

Translated by Cassidy STEPHENS Published Jan 30, 2024 The Chambre Syndicale de la Mode Féminine is unveiling the line-up of its next Fashion Week. The Fashion Week, dedicated to women’s ready-to-wear collections for autumn/winter 2024/25, will be held from February 26 to March 5, with 71 shows and 38 presentations and a total of 109 […]

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Première Vision Paris to host 1,200 exhibitors showcasing Spring/Summer 2025 collections

Translated by Nicola Mira Published Jan 30, 2024 The Première Vision Paris trade show will be held on February 6-8 at the Villepinte exhibition centre. The event, focusing on the Spring/Summer 2025 collections, will welcome 73 new exhibitors and will notably expand the section dedicated to leather producers, with the presence of several new tanneries. […]

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