On July 22, Plaza 66 in Shanghai unveiled its second Chanel & Moi – Les Ateliers in mainland China and seventh globally. Spanning nearly 600 square meters, the space creates a spatial synergy with the existing Chanel boutique within Plaza 66. It is also the third Les Ateliers worldwide to feature dedicated service areas for both watches and fine jewellery.
Chanel unveiled its second Chanel & Moi – Les Ateliers at Plaza 66 in Shanghai, mainland China – Chanel
The first Chanel & Moi – Les Ateliers was inaugurated in Osaka, Japan, in 2021, followed by openings in Hong Kong, Tokyo, London, Seoul, and Beijing. “Les Ateliers,” meaning “workshops” in French, stands distinctly apart from Chanel’s conventional retail formats such as its integrated flagship stores, boutiques, and Salon Privé. Designed as a dedicated space with a specialised service team, it caters exclusively to clients’ after-sales service needs for all fashion product categories, including care and repair for fashion pieces, alteration services for ready-to-wear, and personalised maintenance services for watches and high jewellery, such as engraving, resizing, and battery replacement.
Chanel & Moi – Les Ateliers epitomises the house’s commitment to take care of your piece; now and forever. Since its founding in 1910, Chanel has embodied exquisite French craftsmanship and a persistent artisan spirit. Over more than a century, it has continuously committed to maintaining and preserving its creations with expert skill, revitalising and safeguarding their unique charm. Chanel’s understanding of luxury centres on extending the lifespan of each creation through professional expertise, allowing its precious memories to be preserved and continued, accompanying clients as they embark on new stories, rather than encouraging frequent replacement.
The location is the third Les Ateliers worldwide to feature dedicated service areas for both watches and fine jewellery – Chanel
Bruno Pavlovsky, president of fashion at Chanel SAS, recently articulated his thinking to FashionNetwork.com during the brand’s show at Lake Como, revealing the strategic thinking behind this move: “All of Chanel’s products possess exceptional quality. Their exquisite craftsmanship and profound history are the cornerstones of creating top-tier luxury goods. Without decades of accumulated expertise like this, Chanel could not embody luxury as it does today.”
The head of the Les ateliers elucidated: “The service model of Chanel & Moi – Les Ateliers differs from that of a boutique due to its ‘All-in-One’ approach. Firstly, while watch, jewellery, leather goods, and apparel services were often separate in the past, here they can all be resolved in one stop. Secondly, the atelier offers more comprehensive basic services, allowing many categories of maintenance to be delivered within a short timeframe. Thirdly, clients can receive professional after-sales and artisan advice here, promptly obtaining exclusive adjustment solutions.”
Furthermore, the Chanel & Moi – Les Ateliers does not allow arbitrary maintenance for each item. Instead, it has established a specialised training system to cultivate an expert team and set rigorous standards to respect the original creative intent of each piece and ensure the integrity of every Chanel creation.
Chanel & Moi – Les Ateliers is taking the lead in transforming sustainability into tangible, ethical practice – Chanel
Among Chanel’s seven global Les Ateliers, six are densely located in East Asia including Tokyo, Osaka, Seoul, Hong Kong, Beijing, and Shanghai with only one location outside the continent, situated in London. This strategic placement is by no means coincidental; it indirectly reflects the current divergence in the luxury industry’s approach under the intertwined strategies of globalisation and localisation.
Chanel’s second Les Ateliers in China and first in Shanghai is not merely a strategic move to heavily bolster its presence in China, but also a transformative step to expand its multi-dimensional business formats and deepen its emotional connection with Asian consumers.
Amid global economic fluctuations, luxury consumption has reached an inflection point, shifting from “chasing new products” to “cherishing old items.” Furthermore, multiple reports indicate that China’s second-hand luxury market is subtly surging, with annual growth rates exceeding double digits. The maintenance and refurbishment of old items will successfully open up new offline consumption scenarios and customer retention channels for Chanel, solidifying a closed loop from purchase to service.
Due to the unique nature of consumption culture in the East Asian Confucian cultural sphere, luxury consumers have a natural affinity for “cultural heritage.” From Japan’s “mono no aware aesthetics” and “Chuko style” (vintage/pre-owned goods) to China’s concept of “generational inheritance,” these trends have created a rigid demand for professional luxury maintenance. The emergence of Chanel & Moi – Les Ateliers is a keen response to this cultural phenomenon. As a renowned “museum of craftsmanship,” Coco Chanel’s century-long accumulation of artisanal skills is not only a rich brand asset but also a crucial link that deeply resonates with Eastern consumer culture. While extending the product lifecycle, it also deepens the emotional value attribute of the brand.
Last but not least, according to the “2024 China Sustainable Consumption Report,” over 87% of respondents in China are already participating in low-carbon consumption in various forms in their daily lives. When competitors are still confined to conceptual ESG marketing, Chanel & Moi – Les Ateliers is taking the lead in transforming sustainability into tangible, ethical practice. For the younger Gen Z demographic, revitalising old items is undoubtedly the most fundamental form of “sustainable fashion,” positioning the brand on an unassailable cultural and value-based ground.
The demerger of Unilever‘s ice cream division, to be named ‘The Magnum Ice Cream Company,’ which had been delayed in recent months by the US government shutdown, will finally go ahead on Saturday, the British group announced.
Reuters
Unilever said in a statement on Friday that the admission of the new entity’s shares to listing and trading in Amsterdam, London, and New York, as well as the commencement of trading… is expected to take place on Monday, December 8.
The longest federal government shutdown in US history, from October 1 to November 12, fully or partially affected many parts of the federal government, including the securities regulator, after weeks without an agreement between Donald Trump‘s Republicans and the Democratic opposition.
Unilever, which had previously aimed to complete the demerger by mid-November, warned in October that the US securities regulator (SEC) was “not in a position to declare effective” the registration of the new company’s shares. However, the group said it was “determined to implement in 2025” the separation of a division that also includes the Ben & Jerry’s and Cornetto brands, and which will have its primary listing in Amsterdam.
“The registration statement” for the shares in the US “became effective on Thursday, December 4,” Unilever said in its statement. Known for Dove soaps, Axe deodorants and Knorr soups, the group reported a slight decline in third-quarter sales at the end of October, but beat market expectations.
Under pressure from investors, including the activist fund Trian of US billionaire Nelson Peltz, to improve performance, the group last year unveiled a strategic plan to focus on 30 power brands. It then announced the demerger of its ice cream division and, to boost margins, launched a cost-saving plan involving 7,500 job cuts, nearly 6% of the workforce. Unilever’s shares on the London Stock Exchange were steady on Friday shortly after the market opened, at 4,429 pence.
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Burberry has named a new chief operating and supply chain officer as well as a new chief customer officer. They’re both key roles at the recovering luxury giant and both are being promoted from within.
Matteo Calonaci becomes chief operating and supply chain officer, moving from his role as senior vice-president of strategy and transformation at the firm.
In his new role, he’ll be oversee supply chain and planning, strategy and transformation, and data and analytics. He succeeds Klaus Bierbrauer, who’s currently Burberry supply chain and industrial officer. Bierbrauer will be leaving the company following its winter show and a transition period.
Matteo Calonaci – Burberry
Meanwhile, Johnattan Leon steps up as chief customer officer. He’s currently currently Burberry’s senior vice-president of commercial and chief of staff. In his new role he’ll be leading Burberry’s customer, client engagement, customer service and retail excellence teams, while also overseeing its digital, outlet and commercial operations.
Both Calonaci and Leon will join the executive committee, reporting to Company CEO Joshua Schulman.
JohnattanLeon – Burberry
Schulman said of the two execs that the appointments “reflect the exceptional talent and leadership we have at Burberry. Both Matteo and Johnattan have been instrumental in strengthening our focus on executional excellence and elevating our customer experience. Their deep understanding of our business, our people, and our customers gives me full confidence that their leadership will help drive [our strategy] Burberry Forward”.
Traditional and occasion wear designer Puneet Gupta has stepped into the world of fine jewellery with the launch of ‘Deco Luméaura,’ a collection designed to blend heritage and contemporary aesthetics while taking inspiration from the dramatic landscapes of Ladakh.
Hints of Ladakh’s heritage can be seen in this sculptural evening bag – Puneet Gupta
“For me, Deco Luméaura is an exploration of transformation- of material, of story, of self,” said Puneet Gupta in a press release. “True luxury isn’t perfect; it is intentional. Every piece is crafted to be lived with and passed on.”
The jewellery collection features cocktail rings, bangles, chokers, necklaces, and statement evening bags made in recycled brass and finished with 24 carat gold. The stones used have been kept natural to highlight their imperfect and unique forms and each piece in the collection has been hammered, polished, and engraved by hand.
An eclectic mix of jewels from the collection – Puneet Gupta
Designed to function as wearable art pieces, the colourful jewellery echoes the geometry of Art Deco while incorporating distinctly South Asian imagery such as camels, butterflies, and tassels. Gupta divides his time between his stores in Hyderabad and Delhi and aims to bring Indian artistry to a global audience while crafting a dialogue between designer and artisan.