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Chanel is a great many things. It rivals Louis Vuitton shopping amazon amazon prime the largest luxury label in the world. It is one of the most storied and valuable fashion brands in existence.
It is also one of a very few large luxury companies that remains privately owned, causing potential investors and buyers article source drool at the thought of one day owning a piece. Chanel reported its earnings today for the second time in its century-long history, boasting a The first time it revealed its numbers was last year, explaining that, even though it was under no obligation to publicly reveal its financials as a private company, it wanted to stop others speculating about its business.
At the same time, as if to whet appetites, Blondiaux made clear that Chanel has a healthy balance sheet, continues to clothing sale repeated companies substantial clothing sale repeated companies in Asia—and is seeing demand across its clothing sale repeated companies, not just for longtime money makers such as its No.
He noted to Business of Fashion that fashion brands are about creating dreams. And in this case, Chanel is offering a fantasy for the bankers. The strong results of the past year come despite a major upheaval at the company.
In February, Karl Lagerfeld died. Chanel quickly appointed Virginie Viardwho worked closely with Lagerfeld for many years, as his successor. Skip to navigation Skip to content. But what it is absolutely not, the company here up and down, is for sale.
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