News

Chanel’s revenue dipped in 2024. In an interview with Vogue Business, global CEO Leena Nair and CFO Philippe Blondiaux spoke ...
The world's second-largest luxury brand saw its revenue fall by 4.3% in 2024. CEO Leena Nair announces the opening of 48 new ...
Last year, the Wertheimer family behind Chanel received a $5.7 billion dividend, marking the largest payout in six years ...
Chanel CEO Leena Nair attributes her success to taking on tough assignments. Her top career advice is always to raise your hand for the difficult tasks that others might avoid. Nair's ambition was ...
Chanel's 2024 sales in the Asia-Pacific region plummeted 9.3 per cent. Read more at straitstimes.com. Read more at ...
French luxury group Chanel said Tuesday that it suffered a 28.2-percent drop in net profit to $3.4 billion last year because ...
Despite the lowered sales, the luxury beauty and fragrance house’s Fragrance & Beauty arm saw strong demand, particularly ...
The French fashion house sees no quick fix in 2025, despite the arrival of Matthieu Blazy as creative director.
Chanel reports a sales decline amid a luxury sector slowdown. The company is focusing on fashion, fragrance, and expansion in ...
Chanel said the headwinds raise questions over whether it will raise prices, as it typically does twice a year, in March and ...
Still, Chanel’s sales drop and collapse in profits are surprising since the label created over a century ago by Gabrielle ...