Articles by Diane Vanderschelden
Diane Vanderschelden is a Business Editor for FashionUnited France and UK. She covers the latest economic, financial, and regulatory news shaping the fashion industry. With a keen interest in international dynamics, she focuses on the economic, social, and cultural factors influencing different regions, particularly Asia and Europe, where she has lived for several years.
Chanel trial in Hong Kong: theft of 700 unsold bags reignites debate on destroying unsold stock
Four former Chanel employees, convicted of attempting to steal over 700 bags and wallets destined for destruction, have brought a practice back into the spotlight that the luxury sector is now keen to forget. In fashion, as in most industries, managing unsold stock, returns, and faulty products has become both a strategic and an environmental...
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LVMH turns the page on Patou: why Bernard Arnault is selling the house he relaunched
Following Marc Jacobs, the group is continuing to refocus its portfolio. Behind the sale of Patou to Dilesh Mehta, a new doctrine seems to be emerging: houses that do not quickly reach the break-even point now have less time to prove themselves. Sometimes, transactions that occur in the middle of summer go almost unnoticed, even though they...
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Amazon surpasses 3 trillion dollars: has Wall Street just answered AI sceptics?
For almost two years, the same question has persistently resurfaced in the financial markets. American multinationals are spending billions of dollars to develop artificial intelligence, but when will these investments actually generate profits? The results published by Amazon last week may offer an initial answer. Wall Street has been quick to...
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Kering: how Luca de Meo's financial overhaul is giving the luxury group breathing room and time
3.3 billion euros. In a word, as in a number, is Kering's financial trajectory finally changing? By reducing its debt by 4.7 billion euros in just six months, the world's number two luxury group has secured what it needed most: time and capital to complete its turnaround. Presented on July 28, 2026, the half-year results show revenue of 7.22...
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Aldi enters fashion market with 'Aldi Studio' collection in France
Paris - For decades, retailers built their reputation on price. Tomorrow, they may well build it on their image. As food margins shrink and consumers become more selective with their spending, retailers are looking for new ways to differentiate themselves. One of the most unexpected is through clothing. What was once a simple communication stunt...
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Damien Pommeret discusses international Woolmark Prize eligibility changes
As applications for the 2028 edition of the International Woolmark Prize (IWP) have officially opened, the prestigious competition is shaking up its own rules. For the first time in seven decades, the prize is no longer exclusively for founders of independent labels. It is now open to designers working within established houses. Damien Pommeret,...
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Le Slip Français IPO: 13 million euros raised, and now the real work begins
On Monday, the question was whether investors still believe in independent French textile brands. The initial public offering of Le Slip Français was set to provide some answers. That moment has now arrived. Only a few hours after the markets opened, it is still too early to speak of a stock market success or a definitive validation of the...
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AI and luxury: New battle for visibility on ChatGPT
For decades, luxury houses have mastered their image down to the finest detail. Every customer touchpoint, from advertising and window displays to boutiques, social media and runway shows, was meticulously scripted. This dynamic is now changing. According to the fifth edition of the 'Luxury & Technology' study, published June 30 by the Comité...
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Who is Barbara Werschine, the executive tasked with reviving Lanvin?
At Lanvin, leadership changes are never insignificant. Some appointments, however, signify more than a simple managerial transition. They reflect a brand's condition, its vulnerabilities, its ambitions and sometimes even the spirit of the times. By entrusting the reins of the oldest active French couture house to Barbara Werschine, the group is...
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Okaïdi (IDKIDS) announces 290 job cuts and 60 store closures in France
French children's ready-to-wear brand Okaïdi announced a reorganisation plan this Tuesday, May 26. The plan could lead to up to 290 job cuts in France and the closure of 60 stores. This marks a new stage in the restructuring undertaken by the IDKIDS group since it was placed in receivership last February. According to RTL, citing AFP, the plan...
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