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Chanel to Double Capital Investments, Bolster ‘Ultimate Luxury Experience’ as Sales Surge

Chanel to Double Capital Investments, Bolster ‘Ultimate Luxury Experience’ as Sales Surge

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


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Turkey election: Erdogan declares victory in runoff vote — live updates

Turkey election: Erdogan declares victory in runoff vote — live updates

Rishad Naoroji, Rishad Naoroji net worth, who is Rishad Naoroji, Rishad Naoroji lifestyle, Rishad Naoroji business, Rishad Naoroji family, godrej, lifestyle

Meet Rishad Naoroji, a billionaire with a net worth of $2.9 billion and member of the Godrej family: Know about his journey and lifestyle