– Chanel has acquired a 20% stake in Leo France, a company specializing in the production of costume jewelry and metal accessories. This acquisition is expected to enhance Chanel’s accessory offerings ¹.
– French Luxury Brands Shine: Hermès has been reported as the sole shining star in the luxury sky, while Kering faces a deep crisis due to a 24% fall in Gucci sales ².
– EssilorLuxottica Sees Sales Boost: EssilorLuxottica has reported higher sales, driven by the popularity of smart glasses ².
– Kiabi Expands in New Markets: Kiabi is seeking growth in new markets, including Belgium, where it has reached critical mass ².
Chanel Acquires Stake in Leo France:
