Chanel Extends Revamp as Fashion Head Pavlovsky Exits Board
The move follows CFO Philippe Blondiaux’s decision to retire at the end of this year after more than 15 years at Chanel.

Kering Eyewear has signed a partnership to develop, manufacture and distribute eyewear for Cartier, its first external deal at a time of radical change in the sector.

Brands like France’s Izipizi, South Korea’s Gentle Monster and America’s Warby Parker are shaking up the eyewear market with direct-to-consumer models.

Last week’s LVMH-Marcolin deal follows a string of changes in the competitive luxury eyewear sector as companies reassess their business models to adapt to growing demand.

The LVMH agreement could also involve investing in Marcolin’s Italian manufacturing operations, as well as the creation of a new company.

The merger of Luxottica and Essilor is good for both sides — especially Luxottica and its 81-year-old founder Leonardo Del Vecchio.

The deal brings together Luxottica, the world's top spectacles maker with brands such as Oakley and Ray Ban, with Essilor, the world's leading manufacturer of ophthalmic lenses.

The Italian company is debuting a set of Internet-connected spectacles next month at the Consumer Electronics Show in Las Vegas.

Luxottica has a strong business and high strategic potential, yet the market disdains the company, raising the possibility of a delisting, says Luca Solca.

Bringing Gucci eyewear in-house, Kering is leading a wider trend for 'intrapreneurial' ventures.

Christian Dior is leading the luxury eyewear race, thanks to investment in innovative product, an integrated communications strategy and ‘hyper-selective’ distribution.

BoF’s Entrepreneurship Week kicks off with a report on South Korean eyewear brand Gentle Monster, which dodged the Warby Parker-clone trap with a design-led approach.

Luxottica, the maker of Ray-Ban sunglasses, has accuses BCBG Max Azria of knowingly infringing its famous Wayfarer trademark.
The move follows CFO Philippe Blondiaux’s decision to retire at the end of this year after more than 15 years at Chanel.
Pontegadea Inversiones SL acquired the 51-story One North Wacker in the city’s business district in one of the biggest US office deals this year.
The programme, now in its fifth year, reflect the US beauty giant’s commitment to the Indian market.
Jean-Marc Bellaiche will succeed outgoing Sander van der Laan as chief executive of the German beauty retailer.
The changes at the leggings maker come after a customer backlash over quality issues.
The UK e-commerce platform, which owns Dermstore and Lookfantastic, forecast 2026 adjusted core profit above market expectations, driven by strong demand for its sports nutrition and supplements brand and favourable whey protein prices.
Ongoing talks between the nation’s government and Global Diamond Consortium are likely to see Botswana boost its stake in De Beers by 10 percent.
The goods delivered last November by a business delegation seeking relief from Trump’s onerous tariffs became a matter of national controversy in Switzerland.