×
68 807
Fashion Jobs
GAP INC.
Manager, Digital Marketing Operations
Permanent · San Francisco
GAP INC.
Assistant Manager, Customer Operations - Westgate
Permanent · Brockton
NEIMAN MARCUS
Sales Manager, Women's Designer Rtw - Northpark
Permanent · Dallas
NORDSTROM
Finance Manager e2e Sales Consolidations - Hybrid Seattle, Hybrid Los Angeles, or Hybrid Denver
Permanent · Seattle
NORDSTROM
Asset Protection - Agent - Towson Rack
Permanent · Towson
NORDSTROM
Asset Protection - Agent - Golde Creek Plaza Rack
Permanent · Lynnwood
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · Media
KOHLS
Operations Manager - Blue Springs
Permanent · Blue Springs
OLD NAVY
Assistant Manager, Customer Operations - Chautauqua
Permanent · Lakewood
ULTA BEAUTY, INC.
CO - Sales Manager
Permanent · Kissimmee
ULTA BEAUTY, INC.
General Manager
Permanent · Hanover
AESOP
Part-Time Retail Consultant | Cherry Creek
Permanent · Denver
HOLLISTER CO. STORES
Abercrombie & Fitch - Manager in Training, Valley Fair
Permanent · Santa Clara
ABERCROMBIE AND FITCH STORES
Abercrombie & Fitch - Manager in Training, Rehoboth Beach Outlet
Permanent · Rehoboth Beach
ABERCROMBIE AND FITCH STORES
Abercrombie & Fitch - Manager in Training, Gilroy Outlet
Permanent · Gilroy
ABERCROMBIE KIDS STORES
Abercrombie Kids - Manager in Training, San Marcos Outlet
Permanent · San Marcos
ABERCROMBIE KIDS STORES
Abercrombie Kids - Manager in Training, Dolphin Mall
Permanent · Miami
ABERCROMBIE KIDS STORES
Abercrombie Kids - Manager in Training, Somerset North
Permanent · Troy
ABERCROMBIE KIDS STORES
Abercrombie Kids - Manager in Training, Memorial City
Permanent · Houston
LULULEMON
Assistant Manager, Operations | Polaris Fashion Place
Permanent · Columbus
ROSS STORES
Store Protection Specialist
Permanent · Charlotte
ROSS STORES
Store Protection Specialist
Permanent · Riverside
By
AFP
Published
Jan 16, 2009
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Chanel expects slower 2009 growth but sticking to plans

By
AFP
Published
Jan 16, 2009

PARIS, Jan 16, 2009 (AFP) - Chanel expects to see continued growth in 2009 but at a slower pace due to the economic meltdown, the head of the company's fashion division Bruno Pavlosky told AFP on Friday.

In 2008, the almost century-old firm created by French couture legend Coco Chanel saw "growth in all its activities ... that slowed down at the end of the year," Pavlosky said in an interview.

"For 2009 we expect a growth slowdown," he said, but added that "this will not be negative growth."

While 2008 took off on a positive note with double-digit growth, except in Japan where luxury products saw difficult times, 2009 would likely end with single-digit momentum, he said.

Chanel, whose fashion lines are the work of designer Karl Lagerfeld and which is not quoted on the stock exchange, traditionally refuses to divulge details on its turnover or results.

"Since July, like everyone else we have noted just how much the context has evolved and changed," Pavlosky said.

"So we are taking all the measures we believe are necesarry and adequate to manage our profit margin as best we can."

But Pavlosky said the luxury house's upcoming development projects would be maintained, notably the opening of new boutiques in Dubai, Russia, China and South Korea.

Last month Chanel called a halt to a mobile art exhibition featuring its iconic quilted handbag and chain in order to refocus on more strategic investments in these troubled times, and French unions said it was terminating up to 200 temporary staff contracts.

But Pavlosky said the employees were extra Christmas staff whose contracts had expired in December and that Chanel would continue to resort to temporary staff when necessary.

As for the handbag show, recently in New York's Central Park and due to have travelled on to London, Pavlovsky said it was halted as "we were out of step with everything that's going on."

The Chanel Mobile Art exhibition was housed in a snow-white spaceship-like mobile art gallery designed by Iraqi-born British architect Zaha Hadid, and included works by 15 artists inspired by the purse created in 1955.

Pavlovsky said there would be a follow-up to the show but that given the times "it was not the best way to communicate for the brand."

The exhibit began on February 27 in Hong Kong and then went on to Tokyo and New York. Due to have lasted two years, it was scheduled to travel to London and Moscow next year before ending in Paris in 2010.

The 180-tonne pavilion made of 700 pieces originally was built in Yorkshire in northern England and shipped piece by piece in more than 50 cargo containers.

by Dominique Schroeder

Copyright © 2022 AFP. All rights reserved. All information displayed in this section (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the contents of this section without the prior written consent of Agence France-Presses.