Although the latest fashion shows, the latest collections and 108-year history have shown that Chanel is one of the most successful fashion houses in the world, this year we can even say that this brand stands more successful than ever ! Yesterday, for the first time in its history, the Chanel brand released its annual earnings report and is about $ 10 billion more than ever!
This year, Chanel has once again shown that he has been able to compete such companies as Gucci, which counts 7.1 billion dollars since 2017 ...
Sales report this year has shown that it has 11% more profits than last year, and the report also set giant investments to build successive fashion shows worth around $ 1.5 billion.
After the publication of this report, of course, there has been some suggestion of a possible sale of the company but the finance director, Philippe Blondiaux, has dismissed by making a statement as follows:
"We are not in the sale and after the publication of this report will not change anything. We did this because it's time to put the facts on the table and understand that Chanel is a $ 10 billion company. "
