Despite Chanel’s sales record in 2021, the luxury sector plunges back into uncertainty
Chanel fashion show for the fall-winter 2022-2023 women’s ready-to-wear collection, in Paris, on March 8, 2022. GEOFFROY VAN DER HASSELT / AFP The number is astounding. Chanel unveiled, Tuesday, May 24, having reached 15.6 billion dollars in turnover in 2021, or 14.5 billion euros. The luxury house took advantage of a 49.6% surge in sales … Read more