On the operational side, the house confirms its resilience: operating income rose 5.2% to reach $4.7 billion, reflecting the efforts made to reorganize teams and strengthen production capabilities. A shadow on the horizon, however net profit fell sharply by 14.3%, dropping to $2.9 billion in 2025, a decline that raises questions despite the otherwise solid performance of the remaining financial indicators.
Why is Matthieu Blazy such a success? The answer lies in his rare ability to blend heritage with modernity. Trained under the wing of Raf Simons and then Martin Margiela, Blazy built his reputation at Bottega Veneta, where he transformed the Italian house into one of the most coveted brands of his generation. At Chanel, he brings the same philosophy a deep respect for savoir-faire and craftsmanship, combined with a sharp, contemporary vision that speaks to a new, younger generation of luxury consumers.



















