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Best IT Stocks for Investment in India Best Stocks For Beginners ✌️【Stock Club】✌️ Real-time stock indices and futures data to help you seize the best investment opportunities. Analyze market movements with precision and grow your portfolio with expert stock predictions. Chanel presented its Cruise 2024-2025 collection in Hong Kong on Tuesday, with a mix of light tweed suits, chic diving hoods and summery white dresses transporting guests to what the French label described as an “underwater reverie.” Brand ambassadors Penélope Cruz and K-pop star G-Dragon, as well as Hong Kong actors Chow Yun-Fat and Angela Yuen, were among the celebrities in attendance.

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Designed by the brand’s artistic director Virginie Viard, before her departure in June, the collection featured dozens of looks. Paraded by models across two floors, the more colorful, sequined ensembles popped against the building’s distinct diagonal white beams.

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Cruise collections are ready-to-wear lines that labels typically unveil between the fashion calendar’s two main seasons (Fall-Winter and Spring-Summer). Dating back to the 1960s, these resort collections were traditionally aimed at wealthy customers, who would take off to warmer climates during the winter months.

Chanel’s Cruise 2024-2025 line was first shown in Marseille, France in May. But the label’s decision to restage the presentation in Hong Kong signals the brand’s continued efforts to court Asian clientele amid a wider luxury market slowdown.

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Chanel, meanwhile, plans to expand its presence in China byopening more storesin the mainland. As of May, the French label only had 18 fashion boutiques in China compared to competing brands that have 40 to 50 stores, according to Reuters.

Back in June, Viard announced she was exiting Chanel after serving as its artistic director of fashion collections for five years. She had taken the role following Karl Lagerfeld’s death in 2019 having worked alongside him for decades. Under her stewardship, the brand’s revenues have soared, with operating profits rising 11% to $6.4 billion in 2023.

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