The duel announcements that Chanel would be joining the e-commerce fray in 2016 and debuting a fine jewellery collection on Net-A-Porter starting this week may not seem like much at first blush but in luxury industry terms, it amounts to a minor earthquake.
You'll be happy to know that according to Euromonitor International, a market research company, "luxury toilet paper" sales reached $1.4 billion USD last year outselling regular toilet paper for the first time in 10 years. It has been hailed as a sign of a strengthening economy.
Roy Lichtenstein's "The Ring (Engagement)" (1962).
It has been a rather frothy two weeks in the world of fashion what with all the talk of mergers and acquisitions relating to Net-A-Porter. As my regular readers will attest, I'm a huge fan and loyal customer of the pioneering luxury fashion site so I've been following these stories very closely.
The Luxe Chronicles is a collection of interviews, profiles and musings on various aspects of the luxury industry and occasionally, a rant on our celebrity obsessed culture and the dumbing down of our collective sense of style and esthetic.