that represents luxury and marks Chanel as an alpha. “It’s true that the economic climate is very tough, even in China,” he says. “But we have no problem with our Chinese VICs [very ...

Luxury fashion is experiencing a downturn, prompting top brands like Gucci, Chanel, and Dior to rearrange creative directors.

The house of Chanel is still in limbo. It’s been without a creative director since the summer, and all talk in fashion right now is about who will take the role. While the guessing game has been ...

French luxury group Kering closed two Gucci stores in Shanghai last month. Those closures followed at least eight in the ...

A slump in luxury fashion is prompting designer reshuffles at top houses Gucci, Chanel and Dior to reignite heat around their brands — while avoiding ...

In Beijing, the squeezing of the upper middle class shows just how far into Chinese society the economic slowdown is reaching.

At Chanel’s Paris Fashion Week show on Tuesday, South African singer Tyla arrived at the Grand Palais in a hot pink tweed ...

Store closures are also hurting mall owners and undermining projections for an end to the multi-year property market slump.