Rumors are swirling online about Chanel’s 2024 price increase and the alleged new figures have left everyone in disbelief. They haven’t been confirmed by the luxury fashion house, but Chanel ...

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% ...

Chanel said in a statement: “What has been implemented yesterday is not a price increase, but a harmonisation of the prices of our entire in-store offer, a principle we have been applying since ...

Operating profit reached $6.4 billion, an 11% increase ... (Bloomberg) -- Chanel reported double-digit growth in sales and profit for last year, benefiting from higher prices and strong demand ...

Europe’s top fashion houses will reluctantly conclude that high profit margins are a luxury they can no longer afford in 2025 ...