BUSINESS | Chanel Warns Virus Impact Will Linger On Luxury Sector

The luxury industry will feel the fallout from the coronavirus crisis for the next two years if not longer, Chanel’s chief financial officer said on Thursday, warning the French fashion label’s 2020 revenues and profit would be significantly hit.

Privately-owned Chanel – known for its tweet suits, quailed handbags and No.5 perfume is one of the biggest luxury brands in the world alongside LVMH’s Louis Vuitton.

It did not give details of the slide in sales so far this year but the next 12 to 18 months would be particularly tough, finance chief Philippe Blondiaux told Reuters, adding that a strong recovery in countries where the group’s shops have reopened could not make up for the lack of international travel.


Diptyque’s New Fragrance Traces the Path Of An Iconic Arab Explorer

Celebrating the French fragrance maison‘s 60th anniversary, Diptique’s new launch – Eau Rihla – has a special connection to the Middle East. Named after the Arabic word Rihla, meaning journey, the new frageance was inspired by the 14 century globe – trotting merchant, Ibn Battuta and his travels throughout the known world. Perfumer Fabrice Pellegrin drew his inspiration directly from … More Diptyque’s New Fragrance Traces the Path Of An Iconic Arab Explorer

Part – Moroccan Model Malika El – Maslouhi Is The Star Of The Dundas Fall 2021 Collection

Norwegian designer Peter Dundas presented  the Dundas Fall 2021 collection this week with a little help from Malika El  – Maslouhi. The fashion heavyweight tapped the Moroccan – Italian rising model to showcase the glamorous new offering, which was digitally presented in a look book format. The 22-year-old, who was born in Milan to an … More Part – Moroccan Model Malika El – Maslouhi Is The Star Of The Dundas Fall 2021 Collection

Saudi Arabia Taps Ex-Parson Dean Burak Cakmak To Lead Kingdom’s Fashion Commission

Saudi Arabia has announced the announced the appointment of Burak Cakmak, the former dean for the College of Fashion at Parsons School of Design at The News School, to lead the Kingdom’s Fashion Commission, according to an announcement by the Ministry of Culture. Cakmak will officially led the Fashion Commission as CEO, with the task … More Saudi Arabia Taps Ex-Parson Dean Burak Cakmak To Lead Kingdom’s Fashion Commission

TIME PIECES | Harry Winston Celebrates Chinese New Year With A Dazzling Premier Ox Automatic 36 MM

Each year, some of the finest watch brands come out with commemorative timepieces celebrating Chinese Zodiac, just in time for the Lunar New Year. This time, Harry Winston celebrates the Year of the Ox with a dramatic, gold timepiece to add to its Premier Collection. The Year of Ox symbolises diligence and dependability in Chinese culture, which are qualities certainly reflected in the … More TIME PIECES | Harry Winston Celebrates Chinese New Year With A Dazzling Premier Ox Automatic 36 MM

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