Yesterday, it was reported Chanel’s income and revenue elevated by double digits final 12 months because the storied French vogue home benefited from increased costs and robust demand for its ready-to-wear and equipment.
Virginie Viard has been the inventive drive behind Chanel since 2019, following the passing of the late Karl Lagerfeld. To state theFashionSpot’s discussion board members have encountered a love/hate relationship with the French designer, who started her profession at Chanel as an intern for high fashion embroidery in 1985 can be an understatement. Viard’s most up-to-date assortment for Cruise 2025 was staged within the port metropolis of Marsielle in Southern France, with discussion board member Frederic01 commenting: “This is shockingly bad. Even by Virginie Viard’s standards. Emperor’s new clothes though, this will sell like hotcakes!”. Chanel product was certainly promoting like hotcakes all through 2023, with income rising 16% to a staggering $19.7 billion. Evidently somebody is doing one thing proper.
Revisit the Cruise 2025 Chanel assortment under:
Learn under the reactions of theFashionSpot’s discussion board members:
“Their brand is too strong. 16% increase in sales. Virginie Viard is never leaving.” [plentyofthorns]
“I AM LIVING FOR THAT SALES INCREASE. It made laugh so hard at the gym. This is the product that all these morons who are buying Chanel deserve.” [helmutnotdead]
“These clients are lemmings, every one of them…” [StylishCynic]
“I mean, Chanel is more than Virginie’s collections. And even if I’m not a fan of her clothes and accessories, their beauty and jewelry entities are still consistent.” [Lola701]
“Wow +16% in 2023 is CRAZY. And double digit growth in RTW? What are Chanel clients smoking?” [Creative]
Share your personal ideas on Chanel’s spectacular income enhance over on theFashionSpot boards, right here.
