Chanel recently unveiled its 2024 financial results. The luxury group, owned by brothers Alain and Gérard Wertheimer, reported sales down 4.3% to $18.7 billion (€16.6 billion). A decline that doesn't worry Leena Nair, the brand's CEO: "After a period of exponential growth, we were faced with more difficult macroeconomic conditions in 2024, which had an impact on sales in certain markets."
2024, une année où Chanel a « priorisé » l'acquisition de biens immobiliers
The luxury group plans to open new stores in 2025
By Mehdi Touazi
Business Immo
May 22, 2025 | 10:12 AM
This is a machine translation. Automated translations are intended solely as a convenience and are not legally binding.
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