Chanel has announced the appointment of Fabrice Raoul as the new CEO of its French subsidiary, succeeding Luc Dony, who retired in March. Raoul brings over 20 years of extensive experience in brand management, strategic planning, and operational efficiency. He will report to Bruno Pavlovsky, President of Chanel SAS. Notably, Chanel also announced in June the departure of Creative Director Virginie Viard, ending her 37-year career with the brand. Her successor has not yet been announced.