Luxury Good

Chinese New Year spending - Chanel a favourite with shoppers

Chinese New Year spending - Chanel a favourite with shoppers

By Michelle Yeomans

As the holiday approaches fast (Feb 19), various luxury brands are investing in increasing their visibility to fight off the competition. Something, perhaps Chanel isn't too worried about, due to its' popularity with Chinese consumers.

Chanel skin science investment driving its portfolio

Chanel skin science investment driving its portfolio

By Michelle Yeomans

Despite Chanel’s vast portfolio of luxury goods, it’s the brand’s investment in the cosmetics sector that is coming up trumps, currently accounting for 55% of its annual revenue.

Youcef Nabi has resigned from the luxury brand (image: L'Oréal)

L’Oréal confirms departure of Lancome president

By Andrew MCDOUGALL

The L’Oréal Group has announced that its Lancome brand president Youcef Nabi has resigned and whilst reports speculate over the reasons, there is no official statement from the cosmetics maker.

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