Chanel saw significant growth in 2021 as it surpasses pre-pandemic sales. Image credit: Chanel
Luxury Daily’s live news for May 24:
Chanel revenue up nearly 50pc year-over-year
French fashion house Chanel has reported annual revenue of $15.6 billion for 2021, reaching record levels across all product categories.
Valentino celebrates ambassador Zendaya’s Time100 honor
Italian fashion house Valentino is proudly congratulating actress and brand ambassador Zendaya Coleman for being named one of Time magazine's most influential people of 2022.
Saks launches second annual designer accelerator program
U.S. retailer Saks is inaugurating the second edition of its emerging designer accelerator program, The New Wave.
Christie’s estimates Givenchy collection at more than $50M
Auction house Christie’s has released details of the 1,229-lot Hubert de Givenchy Collectionneur auction, which the house announced earlier this year.
Four Seasons Maui launches partnership with Project Reef
Hospitality group Four Seasons Hotels and Resorts’ Maui at Wailea property has announced a collaboration with Maui-based sustainable suncare brand Project Reef.