Chanel has raised prices yet again, marking its third price increase since the start of the pandemic. The French fashion house hiked up the price tags for
Chanel is more than doubling its London headquarters, boosting a shaky UK economy and signaling confidence in the luxury industry’s prospects as rivals’ shares have wobbled.
Chanel to Expand London HQ in Boost to UK Amid Post-Brexit Economy Concerns - Bloomberg
Chanel increased prices of its high-end products in China in September, amid a slowdown in demand for luxury goods worldwide after the post-pandemic boom years.
Chanel Increases Prices in China as Concerns About Luxury Demand Mount
Luxury Gets More Unaffordable As Prices Hike During Crisis, Inflation, And Looming Recession
Although global luxury markets are growing steadily, luxury providers must adapt to new levels of market complexity—from changing purchasing behaviors to evolving digital technology.
Shock of the New Chic: Dealing with New Complexity in the Business of Luxury
Voices in the fashion industry reflect on Virgil Abloh’s legacy on streetwear, luxury and inclusivity.
From Hype to High-End: Understanding Virgil Abloh's Legacy – Sourcing Journal
With Chinese consumers cutting back on luxury purchases, Chanel is responding interestingly by raising the prices of its premium products.
Chanel Responds to Decreased Demand With Increased Prices in China - Retail Bum
The Resale Market Is Booming. Why Isn't Luxury Taking Note?
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Banks' strategic choices will be tested as the banking and capital markets industry faces multiple challenges in 2024.. Val Srinivas is the banking and capital markets research leader at the Deloitte Center for Financial Services. He leads the development of our thought leadership initiatives in the industry, coordinating our various research efforts and helping to differentiate Deloitte in the marketplace. He has more than 20 years of experience in research and marketing strategy.
2024 banking industry outlook