Business | On the rack

Pity the superstar fashion designer

Creative directors are coming and going faster than the latest trends

Models walking the runway during the Chanel Paris Womenswear show at Paris Fashion Week.
CageyPhotograph: Getty Images

A giant BIRDCAGE held models wearing Chanel’s latest clothes at its show for Paris fashion week on October 1st. The exhibit in the Grand Palais had all the hallmarks of the 114-year-old fashion house: sophistication, skirt suits and even a little black dress. Yet at the end there was no designer to take the applause. In June Virginie Viard, Chanel’s creative director since 2019, stepped down. Ms Viard was only the third person to hold the role. She took over from Karl Lagerfeld, a sharp-tongued German who held the role for 36 years and once called sweatpants “a sign of defeat”. Mr Lagerfeld’s predecessor was Coco Chanel. The front rows of runway shows are now rife with gossip about who will bag fashion’s most prestigious job. An announcement is expected this month.

This article appeared in the Business section of the print edition under the headline “On the rack”

From the October 19th 2024 edition

Discover stories from this section and more in the list of contents

Explore the edition

More from Business

Protesters in favour of TikTok stand outside the United States Capitol.

TikTok’s time is up. Can Donald Trump save it?

The imperilled app hopes for help from an old foe

A tattooed man punches a large head, with motion lines and stars showing impact. He wears orange shorts.

The UFC, Dana White and the rise of bloodsport entertainment

There is more to the mixed-marital-arts impresario than his friendship with Donald Trump


A billboard welcoming the American electric car maker Tesla, in Monterrey, Mexico

Will Elon Musk scrap his plan to invest in a gigafactory in Mexico?

Donald Trump’s return to the White House may have changed Tesla’s plans


Germany is going nuts for Dubai chocolate

Will the hype last?

The year ahead: a message from the CEO

From the desk of Stew Pidd

One of the biggest energy IPOs in a decade could be around the corner

Venture Global, a large American gas exporter, is going public