Chanel’s annual revenues rose 17 percent to $17.2 billion in 2022, the first year under a new chief executive Leena Nair, the family-owned French luxury giant said Thursday. Operating profit rose 6 percent to $5.8 billion.
Revenue growth has continued at the roughly same rate so far this year, despite softer US demand, chief financial officer Philippe Blondiaux told BoF. After surging to record highs in recent months, listed luxury firms