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News for Chanel

Fashion house Chanel parades its independence as its profits rise
PARIS (Reuters) - Luxury fashion group Chanel, whose star designer Karl Lagerfeld passed away in February, reported higher annual sales and profits on Monday and once again reaffirmed its independence ...

Facing Post-Lagerfeld Era, Chanel Says Latest Profits Were Up
LONDON — In the past several months, Chanel has lost its longtime creative director with the death of Karl Lagerfeld, and has been the subject of continuing takeover speculation involving industry ...

Chanel Confirms For The Hundredth Time It Is Not For Sale — & Business Is Good
Chanel is well aware that they are the most desirable luxury brand in the world. Last summer, the brand released its yearly earnings for the first time in the French fashion house’s 108-year history. ...

Chanel scotches disposal talk as sales climb to $11bn
Chanel will remain “private and independent for the next few generations”, according to its chief financial officer, damping speculation over a change in ownership for the French luxury house that has ...

Chanel Surpasses $11 Billion in Sales, Dismisses Rumours of Imminent Sale
'Chanel is not for sale, Chanel is not preparing for an IPO. I just want to reconfirm that for the hundredth time this year,' said Global Chief Financial Officer Philippe Blondiaux in an interview ...

Bella Thorne Crops Chanel Sweater in Revealing ‘Daddy Issues’ Pic
One day after leaking her own nude photos online, Bella Thorne took to Instagram in honor of Father’s Day. Thorne isn’t a stranger when it comes to posting super sexy snaps of herself on ...

Green Chemistry Company Evolved By Nature Welcomes Chanel As An Investor
BOSTON, June 11, 2019 /PRNewswire/ -- Evolved By Nature (founded in Boston, Massachusetts, in 2013, by Dr. Gregory Altman and Dr. Rebecca Lacouture), is pleased to announce that Chanel has decided ...

Kimora Lee Simmons Is Positioning Baby Phat as Chanel for a New Generation
As she relaunches the iconic brand after 20 years, the designer reflects on bringing a high-fashion and unapologetically female perspective to streetwear. But when the Great Recession hit, sales ...

Fashion house Chanel reaffirms its independence as sales and profits rise
PARIS, June 17 (Reuters) - Luxury fashion group Chanel, whose star designer Karl Lagerfeld passed away earlier this year, reported higher annual sales and profits on Monday and once again reaffirmed ...

Chanel's Past and Future Will Be On Full Display In Paris This Week
Chanel releases financial results for 2018 this week For 2017, Chanel reported $9.62 billion in revenue and $1.79 billion in profits The brand, along with Fendi and Karl Lagerfeld's namesake label, ...

Lagerfeld's Chanel made $11 billion in his last year
Paris (AFP) - Chanel clocked up sales of nearly 10 billion euros ($11.1 billion) in its final year under the late designer Karl Lagerfeld, the French label said Monday. The notoriously secretive brand ...

Chanel’s $11B Year: How the Luxe Label Is Bucking Trends and Doubling Down on In-Person Retail
On Monday, Chanel proved again that it is in a league of its own. The luxury brand — one of the very few in the industry that remains privately owned — reported annual results for the second time in ...