Results for chanel: 4

PARIS (Reuters) - Chanel prescribed boxy white jackets and white wool skirts as a cure for boomtime excesses at its haute couture show on Tuesday, calling for a new asceticism in a ballroom crammed with celebrities and wealthy clients.

PARIS (Reuters) - Chanel designer Karl Lagerfeld showed a fashionista's version of practicality on Tuesday with transparent bags and pleated, detachable cuffs and collars, in a collection crammed with accessories.

Chanel is to cut 200 jobs as fears grow that the supposedly recession proof luxury market is falling victim to the global credit crisis. Citing a steep decline in this year's sales, the largest French union, the CGT, said the losses at the French fashion label would concern all staff on fixed term and temporary contracts and come into effect on Wednesday. Sixteen posts would be cut from the brand's boutique on rue Cambon in the heart of Paris's fashion district, it added in a statement at the weekend.

German fashion designer Karl Lagerfeld presents a 5 Euro coin designed by him