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A Chanel Deal May Be Out of Reach Even for Luxury Giant LVMH

Where are fashion’s priorities? How sustainability will fare post pandemic is just one of many open questions. Join SJ on July 15 at 11 am for a webinar on how the crisis will affect future sourcing decisions and how to better measure progress.

Speculation over the ownership of fashion house Chanel has intensified since the February death of creative chief Karl Lagerfeld, however it seems that even the world’s largest luxury company thinks a takeover would be too big to swallow. Chanel is worth nearer to 100 billion euros ($113 billion) than the 50 billion euros that some…

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