Matthieu Blazy to Step Out as Coco's Heir in Chanel Debut

Models at the Chanel Haute-Couture show in Paris in January. JULIEN DE ROSA / AFP
Models at the Chanel Haute-Couture show in Paris in January. JULIEN DE ROSA / AFP
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Matthieu Blazy to Step Out as Coco's Heir in Chanel Debut

Models at the Chanel Haute-Couture show in Paris in January. JULIEN DE ROSA / AFP
Models at the Chanel Haute-Couture show in Paris in January. JULIEN DE ROSA / AFP

Franco-Belgian designer Matthieu Blazy is set to make his debut in one of the most coveted jobs in the fashion industry on Monday when he sends out models for Chanel for the first time.

The 41-year-old, who was appointed last December, will unveil his Spring/Summer 2026 collection at Paris Fashion Week in the clear highlight of the season, if not the year.

Tasked with moving Chanel on from the era of its legendary late supremo Karl Lagerfeld, Blazy is seen as needing to tread a delicate path between modernizing Chanel while respecting its heritage.

"If there's one house where the traditions are more important than anywhere else, it's Chanel," Elvire von Bardeleben, a fashion journalist at France's Le Monde newspaper told AFP.

"What's expected of Matthieu Blazy is to bring back style, elegance, a twist to traditions that have been overexploited recently," she continued.

Fashion lovers have had to wait for the penultimate day of what has been a historic Paris Fashion Week to glimpse the latest creations from the former Bottega Veneta and Calvin Klein designer.

A flurry of new appointments has led to a sense of generational renewal at the top of the industry, with around 10 different brands unveiling collections from debut chief designers over the last week in Paris.

Northern Irish star Jonathan Anderson began his work impressively at Dior women, Jack McCollough and Lazaro Hernandez started at Loewe, while Dutch designer Duran Lantink stepped into the limelight on Sunday for his star as chief creative at Jean Paul Gaultier.

Italy's Pierpaolo Piccioli also set a new tone at Balenciaga on Saturday having moved to the Paris-based Spanish heritage label to replace Georgian maverick Demna, who has been tasked with reviving Gucci.

The luxury industry is hoping the shake up will help boost flagging sales caused by a slowdown in China, US tariffs and a widespread sense of economic uncertainty.

Chanel, the world's second biggest luxury brand by sales, reported a 30 percent drop in operating profit in 2024 to $4.48 billion, compared to the year before, as revenue fell 4.3 percent over the same period.

Totems

Monday's show will take place at 1800 GMT under the domed glass ceiling of the spectacular Grand Palais exhibition space near the Champs-Elysees, a favorite spot for the brand.

Blazy has given almost nothing away, except for a few outfits revealed on the red carpets of recent film and TV events.

The invitation, featuring a Chanel house-shaped pendant, was very classic, while a black-and-white photo posted on Instagram about the collection featured a short-bobbed brunette reminiscent of the brand's founder Coco Chanel.

"At Chanel, there are totems you don't touch," Pierre Groppo, fashion editor-in-chief of Vanity Fair magazine in France, told AFP. "But you can reinvent them."

Blazy is only the fourth creative director in Chanel's history after Coco, Lagerfeld and his immediate predecessor, Virginie Viard.

Blazy won widespread praise for his work as chief creative at Bottega Veneta for three years, helping modernize the look of the classic Italian leather-goods house, making it more playful and daring.

He also oversaw the launch of its first fragrances and high-end jewelry, and updated the brand's classic "intrecciato" woven patterns with hit bags such as Kalimero, Andiamo and Sardine.

One question he is likely to face at some point is whether he would support a Chanel menswear range for the first time.

For now, all eyes will be on the outfits on Monday and the privileged few -- a constellation of VIPs is a certainty -- who secured the hottest seats in the French capital.



H&M's Q1 Profit Grows More Than Expected, Sees March Sales Up 1%

FILE PHOTO: A Swedish flag hangs outside a business on a street of the old city of Stockholm, Sweden, February 24, 2024. REUTERS/Tom Little/File Photo
FILE PHOTO: A Swedish flag hangs outside a business on a street of the old city of Stockholm, Sweden, February 24, 2024. REUTERS/Tom Little/File Photo
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H&M's Q1 Profit Grows More Than Expected, Sees March Sales Up 1%

FILE PHOTO: A Swedish flag hangs outside a business on a street of the old city of Stockholm, Sweden, February 24, 2024. REUTERS/Tom Little/File Photo
FILE PHOTO: A Swedish flag hangs outside a business on a street of the old city of Stockholm, Sweden, February 24, 2024. REUTERS/Tom Little/File Photo

Swedish fashion retailer H&M reported on Thursday a slightly bigger rise than expected in December-February operating profit, and predicted March sales would be up 1% in local currencies.

"Towards the end of the quarter our well-received spring collections contributed to a positive sales trend, which also continued into March," CEO Daniel Erver said in a statement.

Operating profit in H&M's fiscal first quarter, ⁠which includes the key ⁠Christmas shopping period, rose for a third consecutive quarter to 1.51 billion crowns ($162 million) from a year-earlier 1.20 billion and a mean forecast in an LSEG poll of analysts of 1.39 billion, on an organic sales decrease of 1%.

The rival ⁠to Inditex in January flagged that local-currency sales in the first two months of the quarter were down 2%.

According to Reuters, H&M said it is closely monitoring developments in the Middle East and the implications for global trade.

"With good flexibility in the supply chain and a low proportion of air freight, there are opportunities to adapt the flow of goods to changed conditions," it said. "Middle Eastern markets account for a ⁠small portion ⁠of the company’s total sales and the markets are operated through franchise partners."

On February 28, the United States and Israel launched coordinated strikes against Iran. Iran has in response launched strikes against Israel, US bases and Gulf states.

It has attacked vessels and infrastructure throughout the Gulf region and effectively closed the Strait of Hormuz, hitting global supply chains and causing soaring energy costs, raising concern over war-driven inflation and potential impact on consumer demand.


Next Says UK Sales Have Held Up Since Iran War Started

Women tour a popular outdoor shopping mall in Beijing, China, Sunday, March 8, 2026. (AP Photo/Andy Wong)
Women tour a popular outdoor shopping mall in Beijing, China, Sunday, March 8, 2026. (AP Photo/Andy Wong)
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Next Says UK Sales Have Held Up Since Iran War Started

Women tour a popular outdoor shopping mall in Beijing, China, Sunday, March 8, 2026. (AP Photo/Andy Wong)
Women tour a popular outdoor shopping mall in Beijing, China, Sunday, March 8, 2026. (AP Photo/Andy Wong)

British clothing retailer Next has not seen a noticeable drop off in UK sales since the US-Israeli war on Iran started at the end of February, its boss said on Thursday.

"Eight weeks, ⁠including the war ⁠weeks, have been good in the UK," CEO Simon Wolfson told Reuters after Next published full-year ⁠results.

He said sales in the Middle East, which account for about 6% of the group's annual turnover, fell "dramatically" in the first few days of the war and demand remains "suppressed.”

Wolfson said if ⁠Next ⁠did have to raise prices around June or July to make up for higher costs caused by the war, the increases would only be 1% to 2%.


Primark to Open First Dubai Store

A woman speaks on her mobile phone as she browses a shop for new clothes ahead of the start of the Eid al-Fitr festival in Dubai on March 16, 2026. (Photo by AFP)
A woman speaks on her mobile phone as she browses a shop for new clothes ahead of the start of the Eid al-Fitr festival in Dubai on March 16, 2026. (Photo by AFP)
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Primark to Open First Dubai Store

A woman speaks on her mobile phone as she browses a shop for new clothes ahead of the start of the Eid al-Fitr festival in Dubai on March 16, 2026. (Photo by AFP)
A woman speaks on her mobile phone as she browses a shop for new clothes ahead of the start of the Eid al-Fitr festival in Dubai on March 16, 2026. (Photo by AFP)

Budget fashion retailer Primark has confirmed it will press ahead with opening its first Dubai store on Thursday despite the ongoing US-Israeli war with Iran, during which the emirate has been hit by Iranian missiles and drones.

Primark, owned by London-listed Associated British Foods, and its ⁠franchise partner Alshaya ⁠Group will open the store in Dubai Mall.

Primark and Alshaya plan to open two more stores in Dubai - at City Centre ⁠Mirdif in April and Mall of the Emirates in May.

Dubai's malls have seen a sharp fall in visitors since the Iran war began, reflecting a collapse in tourism.

Primark and Alshaya plan to open stores in Bahrain and Qatar by ⁠the ⁠end of the year.

Primark entered the Middle East with a store in Kuwait in October last year.

As of the end of January, Primark traded from about 475 stores in 18 countries across the UK, Europe, the Middle East and the US.