Chanel is betting its new artistic director can fill Karl Lagerfeld's shoes — not everyone is convinced

Tech Insider : Business, Economy
Matthieu Blazy walks the runway during the Bottega Veneta Ready to Wear Spring/Summer 2023 fashion show as part of the Milan Fashion Week on September 24, 2022, in Milan.
Matthieu Blazy, Chanel's new creative designer, previously held the top job at Bottega Veneta.

Victor VIRGILE/Gamma-Rapho via Getty Images

I bought a vintage Chanel handbag for $2,050 in 2015 and sold it for $2,000 in 2024. The girl math speaks for itself.

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Koyaana Redstar, the head of luxury buying at Luxe Du Jour, an online luxury boutique for vintage designer handbags.
Koyaana Redstar is the head of luxury buying at Luxe Du Jour, an online luxury boutique for vintage designer handbags.

Koyaana Redstar

There's more to China's luxury spending slump than its struggling economy

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A Chinese flag curtain closes on luxury bags
Demand for luxury goods in China is slowing.

Hermes; Louis Vuitton; Getty Images; Chelsea Jia Feng/BI

Dior and Gucci owners suffer $14 billion wealth crash as luxury stocks slide

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bernard arnault
LVMH CEO Bernard Arnault took a hit to his fortune as luxury stocks tanked on Tuesday.

Reuters

5 titans of French luxury grew $50 billion richer in a week — and are now worth more than Costco

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Bernard Arnault
Bernard Arnault is the CEO of LVMH and the world's third-richest person.

Chesnot/Getty Images

Bethenny Frankel is calling out a Chanel boutique that seemingly only allowed her to shop when she wore designer clothes

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Bethenny Frankel attends the 2023 Glamour Women of the Year event.
Bethenny Frankel.

Dimitrios Kambouris/Getty Images

I visited Chanel's watches and fine jewelry boutique in NYC and saw why the brand is betting on in-person shopping

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A woman takes a selfie in front of a store with
Chanel opened a watches and fine jewelry store in Manhattan.

Samantha Grindell/Business Insider

Luxury brands from Gucci to Chanel are placing billion-dollar bets on in-store shopping

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Gucci
The Gucci storefront in Moscow.

ALEXANDER NEMENOV/AFP via Getty Images

I buy and resell Hermès bags. These 13 indicators will tell you if you've got a fake.

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Magnifying glass hovering over a Hermès Birkin 25 Vert Emerald Lisse Crocodile Porosus GHW
Birkin bags can sell for hundreds of thousands of dollars.

Hermès; Alyssa Powell/BI

Elite investor John Paulson claims in a new lawsuit that his ex-business partner duped him out of millions to fund Louis Vuitton shopping sprees and Las Vegas parties

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FILE - John Paulson attends a meeting of the Economic Club of New York in New York, on Nov. 12, 2019. Ten years after receiving it, New York University publicized a $100 million gift from the hedge fund leader Paulson. (AP Photo/Seth Wenig, File)
Billionaire hedge fund manager John Paulson.

Seth Wenig/AP Photo

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