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Next issue: 25 August 2026

France, United Kingdom
Wertheimers hit the jackpot with record dividends

LogoSubscribers only By Philippe Vasset
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Chanel is no exception to the crisis gripping the luxury goods industry: the fashion house ended 2024 with a 4.3% contraction in revenues and a 28.2% fall in profits. Yet this slowdown did not affect the Wertheimer family, who received record dividends.

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Headlines

The luxury sector is muscling in on the heart of Paris.
Spotlight Luxury sector prays for Notre-Dame shopfront Spotlight | Chanel Charvet takeover comes with property super-bonus
Charvet is Chanel's new prize asset on Place Vendôme.
Spotlight | Versace Prada family rebuilds the top of the house that Gianni built
Lorenzo Bertelli, Miuccia Prada’s son and head of Versace, is ringing in the changes at the Italian label.
Spotlight Bernard Arnault's summer plans to turn Courchevel into LVMH winter wonderland
With his various property developments, the French billionaire Bernard Arnault is recreating the French ski resort in his own image.
In Focus | Hermès Top hotels struggle to secure Hermès ‘quota bag' appointments for their elite clientèle
Though social media is perpetuating the myth, top hotels can no longer guarantee their VIP guests an exclusive Hermès appointment.
Welcoming ambassadors Hermès poaches star New Bond Street doorman
Every top luxury address needs an upmarket doorman.
Christian Louboutin Paltry dividends for red-soled cobbler
Louboutin’s results are heading towards the red
Counterfeiters Luxury giants take on NYC mayor Mamdani over Canal Street fakes
Despite protests by the luxury giants, New York Mayor Zohran Mamdani has failed to take action against the counterfeit market on Canal Street.
Counterfeiters ‘Blake', the fake Chanel maker who's also mastered luxury marketing
'Blake' is making fake Chanels but selling an authentic luxury experience out of Guangzhou.

Related topics to this article

Headlines

The luxury sector is muscling in on the heart of Paris.
Spotlight Luxury sector prays for Notre-Dame shopfront Spotlight | Chanel Charvet takeover comes with property super-bonus
Charvet is Chanel's new prize asset on Place Vendôme.
Spotlight | Versace Prada family rebuilds the top of the house that Gianni built
Lorenzo Bertelli, Miuccia Prada’s son and head of Versace, is ringing in the changes at the Italian label.
Spotlight Bernard Arnault's summer plans to turn Courchevel into LVMH winter wonderland
With his various property developments, the French billionaire Bernard Arnault is recreating the French ski resort in his own image.
In Focus | Hermès Top hotels struggle to secure Hermès ‘quota bag' appointments for their elite clientèle
Though social media is perpetuating the myth, top hotels can no longer guarantee their VIP guests an exclusive Hermès appointment.
Welcoming ambassadors Hermès poaches star New Bond Street doorman
Every top luxury address needs an upmarket doorman.
Christian Louboutin Paltry dividends for red-soled cobbler
Louboutin’s results are heading towards the red
Counterfeiters Luxury giants take on NYC mayor Mamdani over Canal Street fakes
Despite protests by the luxury giants, New York Mayor Zohran Mamdani has failed to take action against the counterfeit market on Canal Street.
Counterfeiters ‘Blake', the fake Chanel maker who's also mastered luxury marketing
'Blake' is making fake Chanels but selling an authentic luxury experience out of Guangzhou.

Related topics to this article

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