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% ...
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 ...
Luxury brands have started the new year with price hikes, with reports confirming on Jan. 21 that Louis Vuitton raised prices ...