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.



Nicole Kidman and Dua Lipa Watch Chanel’s Creative Revival at Paris Fashion Week

Models present creations for Chanel Women's Spring/Summer 2027 collection fashion show as part of the Paris Fashion Week, in Paris on October 5, 2026. (Photo by JULIEN DE ROSA / AFP)
Models present creations for Chanel Women's Spring/Summer 2027 collection fashion show as part of the Paris Fashion Week, in Paris on October 5, 2026. (Photo by JULIEN DE ROSA / AFP)
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Nicole Kidman and Dua Lipa Watch Chanel’s Creative Revival at Paris Fashion Week

Models present creations for Chanel Women's Spring/Summer 2027 collection fashion show as part of the Paris Fashion Week, in Paris on October 5, 2026. (Photo by JULIEN DE ROSA / AFP)
Models present creations for Chanel Women's Spring/Summer 2027 collection fashion show as part of the Paris Fashion Week, in Paris on October 5, 2026. (Photo by JULIEN DE ROSA / AFP)

Chanel’s artistic director Matthieu Blazy sent the fashion house's suits stretching towards sportswear and evening dresses drifting through clouds, with Nicole Kidman, Dua Lipa and Pedro Pascal in the audience as he unveiled his spring-summer 2027 collection.

The Monday night show underscored that a year into his creative revival, Blazy has made the house feel newly unpredictable.

The former Bottega Veneta designer succeeded Virginie Viard, who took over after Karl Lagerfeld ’s death in 2019. Viard’s tenure brought record sales but Blazy’s contribution has been to restore a sense that Chanel’s familiar ingredients can produce something unexpected.

That renewal is visible in his treatment of the house’s symbols: tweed can stretch; formal jackets sit against bare skin; quilted bags turn slouchy.

The appeal lies in giving established clients something recognizable, and newer ones something to reinterpret.

Beneath illuminated birds at the Grand Palais, Blazy's collection traced Gabrielle “Coco” Chanel’s passage from Edwardian constraint towards the freedom she sought in dress.

“It’s about the women within a woman,” Blazy wrote in his notes.

Across 83 looks, that meant expanding the possibilities of a Chanel wardrobe: knits that skimmed the body, masculine tailoring, airy eveningwear and sharply abbreviated skirts.

Raw-edged waistcoats and narrow skirt suits reworked men’s formal clothes. A pearl-embroidered corset top paired with black trousers brought the tension between restriction and ease into focus.

Older fashions lingered in ruffled collars, peplums and traces of corset boning.

The strongest development was Chanel’s new “smocked tweed,” designed to stretch and move with something of athleticwear’s ease. It was a useful proposition for an expensive, familiar garment: preserve its character while improving its possibilities.

Competing patterns and frothy tutus sometimes tipped towards costume. Dres

ses made from layered, printed silk were more persuasive, turning cloud formations and changing light into shifting color, The Associated Press reported.

Model Dyanira Hurbuscher opened and closed the collection — carrying Gabrielle Chanel’s own 2.55 handbag, borrowed from the famed archives.

That element neatly framed the collection’s ambition: continuity with room for change — a balance Blazy’s revitalization of Chanel rests on.

He has made Chanel's heritage feel available for play, backed by serious work in the ateliers.

Lipa wore a sleeveless skirt suit with pink heels. Kidman attended with her daughter Faith Margaret.


Chanel Unveils Tiger-Print Tweed and Sheer Skirt Suits in Spring/Summer Paris Show

Models present creations from the Spring/Summer 2027 collection of Chanel during Paris Fashion Week, in Paris, France, 05 October 2026. (EPA)
Models present creations from the Spring/Summer 2027 collection of Chanel during Paris Fashion Week, in Paris, France, 05 October 2026. (EPA)
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Chanel Unveils Tiger-Print Tweed and Sheer Skirt Suits in Spring/Summer Paris Show

Models present creations from the Spring/Summer 2027 collection of Chanel during Paris Fashion Week, in Paris, France, 05 October 2026. (EPA)
Models present creations from the Spring/Summer 2027 collection of Chanel during Paris Fashion Week, in Paris, France, 05 October 2026. (EPA)

Chanel showed see-through skirts and tiger-print tweed in creative director Matthieu Blazy's spring/summer 2027 collection on Monday as the Parisian fashion house rides a wave of enthusiasm that has helped drive sales even as other luxury brands struggle.

Since his first collection a year ago, Blazy's designs — injecting youthful glitter and loud color combinations into the Parisian label's traditional tweed suits — have attracted new customers to the brand and kept Chanel stores ‌buzzing with activity.

Front-row ‌guests including Dua Lipa, Nicole Kidman, ‌and Pedro ⁠Pascal arrived to throngs ⁠of cameras in the vast expanse of the Grand Palais. The glass dome roof was hung with a giant moon and a flock of luminescent seagulls, while the floor was laid in a Martian orange-and-green pattern in reflective resin.

Models emerged wearing skirt suits in sheer cream ⁠or black fabric embroidered with flowers and beads, ‌and in tweed loosened into a ‌wide windowpane print with mesh panels, or reworked in ‌an eye-catching red-and-white tiger print.

“Chanel felt as alive as ever,” ‌said Angélique Liautaud, womenswear buying and merchandising director at French department store Printemps. “The masculine wardrobe, the fluid dresses, the lingerie, the liberated body, brought a new sensuality to the house.”

Some skirts were sliced ‌into swinging panels, others were shortened into pleated mini-skirts paired with cropped jackets showing the ⁠midriff. Hems ⁠were frayed or finished with metallic beading.

Models sported new versions of the brand's two-tone pumps — in leopard print or tiger print with a cream toe, or baby blue and silver, while sandals were chunky with a large interlocking C logo in gold across the front. Quilted handbags came in black, burgundy, and white with a couple of wild variations in zebra print layered with clashing primary colors.

Blazy, known for soundtracking his shows to anthems from the 2000s, ran out to greet the crowd after the finale to the heavy synths of "Gimme More" by Britney Spears.


Nike Plans More Job Cuts to Boost Sputtering Turnaround, Forecasts Steep Revenue Drop

People walk past a Nike store in New York City, US, April 2, 2025. (Reuters)
People walk past a Nike store in New York City, US, April 2, 2025. (Reuters)
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Nike Plans More Job Cuts to Boost Sputtering Turnaround, Forecasts Steep Revenue Drop

People walk past a Nike store in New York City, US, April 2, 2025. (Reuters)
People walk past a Nike store in New York City, US, April 2, 2025. (Reuters)

Nike is deepening its restructuring under CEO Elliott Hill as its woes in China intensify, announcing a plan to cut more jobs and shake up its global business divisions after the sportswear giant projected a surprisingly steep drop in full-year revenue.

The tepid forecast on Thursday underscored that Nike's challenges will likely persist for at least several more quarters — especially in China, where sales tumbled 26% on a constant-currency basis in the first quarter — adding to investor unease about the pace of Hill's turnaround. Its shares fell 8.5% in extended trading.

The company has been working to revive growth during the first two years of Hill's tenure by refocusing on key sports such as running and by rebuilding relationships with wholesale retailers. But analysts say its worries have in large part stemmed from a failure to release enough new, compelling products, leading to an uptick in promotions and discounts.

"Our Nike performance business is not yet large enough to offset the pressure we're seeing in Nike sportswear, Jordan brand, and Greater ‌China," Hill said on ‌a post-earnings call. Reviving those weak areas of Nike's business "will take time," he said, pointing to a ‌deliberate ⁠reduction in the ⁠volume of Jordan retro launches.

The company, which also missed analysts' expectations for first-quarter revenue, unveiled changes to its operating model, including job cuts and a move to three geographic regions — Americas, Asia Pacific and Greater China, and EMEA — instead of four. It plans to open a new campus in India "with strong capabilities and access to talent."

Nike said the company does not yet know the number of roles that will be cut under the restructuring. It will begin notifying employees in 2027.

The program, building on previous rounds of layoffs, including one announced earlier this year, is expected to deliver about $2.5 billion in savings through fiscal 2031, with the majority set to be realized in fiscal years 2029 and 2030.

Nike expects its revenue to decline in the ⁠high single digit in fiscal 2027. Analysts, on average, estimate full-year revenue to drop about 2%, according ‌to data compiled by LSEG.

"There is nothing inherently wrong with the (restructuring) plans, but they do ‌suggest that Nike's current model is not really fit for purpose, which in turn raises the question of why these changes were not made sooner," ‌said Neil Saunders, managing director of GlobalData.

CHINA SALES PLUMMET, AGAIN

China, historically a profit-driver for Nike, has shown particular weakness in recent quarters ‌as international rivals and domestic sportswear groups gain traction. Investors remain focused on any signs of improvement, which analysts say will hinge in large part on local product innovation.

Sales in China have fallen for nine consecutive quarters, with the slowdown accelerating in the reported period. The region accounts for about 15% of Nike's annual revenue and is its third-largest market after North America and Europe, the Middle East and Africa.

The company recently said that starting in January, it will pull ‌online sales rights from some of its biggest retail partners in China — a high-stakes bet that tighter control over pricing and distribution can revive its fortunes.

But the digital cleanup will take "multiple seasons," ⁠Hill warned on Thursday, adding that near-term ⁠revenue and profitability in China will take a hit.

Analysts have also questioned whether the abrupt measures, though likely to help Nike address rampant discounting, will convince Chinese consumers that they want what Nike is selling.

"Nike does not have a channel problem in China, but rather a product problem," BNP Paribas senior analyst Laurent Vasilescu has said in a research note, adding that he was surprised by the company's short timeframe to shut down online wholesale in China.

Sales in North America, Nike's biggest region, rose 2% on a constant-currency basis, in one sign of relative strength in the first quarter. Nike's performance business, specifically, contributed to the growth, benefiting from the World Cup, Hill said.

Adding to the company's challenges, French soccer star Kylian Mbappe ended a two-decade-long partnership with Nike in September and joined Swiss-based rival On.

Nike's quarterly sales fell about 4% to $11.21 billion in the first quarter, compared with analysts' average estimate of $11.32 billion.

Its gross margin, however, rose 60 basis points to 42.8% in the quarter ended August 31, helped by lower warehousing and logistics costs.

Hill said Nike would update its targets through the fiscal year, beginning in November, as it works through the restructuring plan.

The company had withdrawn annual forecasts in October 2024 to provide then new-CEO Hill with some flexibility to assess its business.

S&P Dow Jones Indices removed Nike from the S&P 100 in September as part of a quarterly rebalancing after 18 years in the index of blue-chip companies.