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Chanel Cautions on Outlook After Pricing and Demand Lift Sales
(Bloomberg) -- Chanel reported double-digit growth in sales and profit for last year, benefiting from higher prices and strong demand, while also cautioning that conditions in the luxury industry ...
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Chanel Holds As Luxury’s Number Two Brand, But Hermès Is Gaining Ground
In the Vogue Business call, CFO Blondiaux slipped that a significant portion of Chanel’s topline growth was credited to price increases, rather than volume growth. “The breakdown of the 16% ...