Bruno Pavlovsky, head of fashion management of the French company Chanel, said in an interview with the newspaper that the situation in the fashion world will become even more complicated due to the global economic downturn. Finance Times.
“I don’t have a crystal ball, but the situation will be tougher than what we saw in 2023,” he thinks.
Record inflation in the United States and Europe and rising unemployment among Chinese youth are negatively affecting sales of luxury goods, according to a representative of the luxury brand.
Pavlovsky predicted that in 2024 the cost of Chanel products will continue to increase, taking into account inflation rates.
“We don’t want to disrupt anyone’s connection with the brand,” he concluded.
French fashion house Chanel in June presented new Tweed de Chanel jewelry collection. The centerpiece of the collection was the Tweed Royal necklace, made of yellow and white gold and studded with numerous diamonds and rubies.
Previously fashion historian Vasiliev saidWhy women still dream of wearing Chanel clothes.
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