Chanel has placed its trust in Virginie Viard after the French luxury house once again achieved record revenues in 2023, but not in couture. Despite a slowdown in global luxury spending and mixed reactions online to the latest price hikes and ready-to-wear, everyone knows the growth is growing internally with their dramatic rise in accessories prices.

Revenue was $19.7 billion last year, up 16% like-for-like, with double-digit growth in all categories, like pricing, interesting right!

With its Chanel show in Marseille, which was aimed at a younger demographic, with a show held on the roof of the Cité Radieuse, one of architect Le Corbusier’s landmark mid-century housing projects. Chanel for the thug from Marseille, probably a new Jacquemus concept.

But it is worth noting high employee satisfaction rates, despite a series of high-profile manager departures last year, it is well known that employees leave because they feel good in the company. Welcome to the wonderful world of fashion.