Chanel sales jump as label reaps benefits of price hikes, demand

By Bloomberg Published May 22, 2024 Chanel’s revenue and profit grew by double digits last year as the brand benefited from higher prices and strong demand for its costly fashions and handbags. See catwalkChanel – Cruise Collection2025 – Womenswear – Marseille – ©Launchmetrics/spotlight Chanel Ltd. sales rose 16% on a comparable basis to $19.7 billion, [...]read moreChanel sales jump as label reaps benefits of price hikes, demand