Claire Danes, Cynthia Erivo and Claudia Schiffer joined the morning crowd at the 17th-century Paris Observatory on Thursday as Chloé sent lingerie, lace and fishermen’s coats down the runway at Paris Fashion Week.
The show came at an uneasy moment for luxury: cosmetics giant L’Oréal overtook Louis Vuitton owner LVMH as France’s most valuable listed company in September. And consultants forecast modest growth in personal luxury goods this year after two years of contraction.
