European luxury brands are increasingly focusing on the United States as they seek to tap into the growing spending power of America’s wealthy consumers, particularly those benefiting from the ongoing artificial intelligence and technology boom. Faced with sluggish demand in China, economic uncertainty in Europe, and weakening consumer confidence across several key markets, luxury houses...
Tag: fashion industry
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Pedro Pascal Named Chanel’s Newest House Ambassador
Hollywood actor Pedro Pascal has been named the newest house ambassador for Chanel, an important move by the iconic French fashion label as it continues to evolve its global image. The appointment comes under the brand’s new creative direction, signalling a blend of heritage and modern influence. Pascal, widely recognised for his roles in major...