French luxury brand Chanel has appointed two executives to succeed Vincent Shaw, who will step down as the Asia-Pacific regional president later this year.

ChimHaeres states that it is in an ideal position to become a significant player in the European luxury goods industry, considering its team’s experience and available capital, and is actively seeking investments in ambitious and strong brands.

In 2022, Luxe.CO’s Personnel Trends column recorded a total of 29 fashion and luxury brands that had announced changes to their creative directors. Among them, 27 companies have newcomers in place, and 2 companies have left the spot vacant. From this, we have observed 5 important trends.