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Page 9 - Bruno Pavlovsky News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Top 10: Turbulent Times for Luxury – WWD

High interest rates, geopolitical tensions, and cautious Chinese consumers have created a slowdown in demand that continues to spook luxury groups.

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LVMH, Chanel Link on Sustainability – WWD

The cooperation was revealed during an all-day LVMH event that also revealed a partnership support program with suppliers.

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The Clock Is Ticking at Farfetch

Industry sources say that if troubled Farfetch does not secure rescue financing in the coming days, it will have to call in administrators in the U.K.

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Chanel Opens Boutique in Zhengzhou, a City in Central China – WWD

The 9,050-square-foot store, designed by Peter Marino, is located at David Plaza, a high-end luxury mall in the provincial capital of Henan.

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LVMH Joins Forces With Chanel on Supporting Suppliers – WWD

LVMH and Chanel will work together on simplifying audits, among other cooperative steps, to support suppliers and reduce Scope 3 impact.

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