Does Chanel’s Stance on E-Commerce Make Sense? | This Week in Fashion, BoF Professional

The pandemic hit fashion’s biggest luxury players hard. But it hit Chanel worst of all, according to figures released by the French luxury giant this week.

The company’s sales sagged 18 percent last year, slightly under-performing LVMH and Kering and significantly lagging accessories powerhouse Hermès. It’s the first time the privately held Chanel has failed to record double-digit growth since it started publishing financial results four years ago. Operating profit plummeted 41 percent.

Like its luxury rivals, the company suffered as stores closed in key markets and normally high-spending international tourists were grounded. Chanel was particularly vulnerable because a comparatively large proportion of its business is driven by sales of cosmetics and perfume that were hard hit by the decline in travel retail.

But the company faced another handicap: unlike brands such as Dior, Louis Vuitton and Gucci, Chanel doesn’t sell its core fashion and accessories products online, so when

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Here’s what went down at Copenhagen Fashion Week

It’s a city known for its colourful, creative approach to clothes, and this week Copenhagen’s biannual fashion week delivered fun, free-spirited fashion in full force.

While thanks to the online-only format sightings of the Danish capital’s famously snappily dressed street style set have been notably lacking, the designers themselves rose to the challenge of presenting their autumn/ winter 21 collections digitally, with a schedule of beautiful fashion films and audience-free runway shows. 

Joining the lineup for the first time on Tuesday was high street heavyweight H&M, with the fashion week debut of its premium Studio collection. Designed at the retailer’s Stockholm atelier, the limited edition spring/ summer 21 offering, which will hit stores February 18, was inspired by adventure and treasure-seeking explorers, with octopus-like tasselled skirts, over-the-knee leather boots and pirate hats providing Jack Sparrow references aplenty.    



a person walking down a street: Gestuz AW21Imaxtree


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Gestuz AW21Imaxtree

Elsewhere, practicality and colour were overarching

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How the Most Extreme Street Style Star Is Dressing for Digital Fashion Week

Men’s fashion month has become almost completely digital. And while we’ve enjoyed watching the likes of Prada, Louis Vuitton, and Dior on our screens (and playing Balenciaga’s freaky fantasy video game) there’s no denying that we are missing the in-person component, seeing the street style and being seen ourselves. But the show must go on. And even though there is a lack of street style slideshows, some fashion show guests are still dressing up. Yu Masui, a LVMH scout and one of the most outré dressers of Fashion Week, has been outfitting himself each day in anticipation for the shows.

Masui has long been known for wearing young designers, mixing and matching their pieces with larger brands to create a radical, colorful mélange. “[Watching digital shows] is kind of a mixed feeling. Excited and sad,” writes Masui from Japan, where he lives. “Digital content has definitely improved compared with

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Demi Moore, 58, walks Paris Fashion Week runway in revealing tuxedo-style look

Demi Moore can officially add runway model to her resume after appearing on the Fendi catwalk.

The 58-year-old was just seen joining the flock of celebrities and supermodels who made their way to France for Paris Fashion Week on Tuesday, alongside her daughter Scout Willis. Still, nobody could have anticipated that Moore would be the show opener for Kim Jones’ debut collection for the Italian brand.



Demi Moore standing in front of a building: Demi Moore opens for Fendi's Spring-Summer 2021 during Paris Haute Couture Fashion Week. (Photo: Getty Images)


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Demi Moore opens for Fendi’s Spring-Summer 2021 during Paris Haute Couture Fashion Week. (Photo: Getty Images)

Moore — an actress, producer and mother-of-three — stole the show in a revealing tuxedo-style top paired with loose-fitting trousers. She also wore a pair of statement earrings that hung well past her shoulders. Although her presence on the runway was a surprise, it wasn’t the first time that Moore has strutted her stuff. In fact, she recently made a cameo in Rihanna’s

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