Chanel sales up 10.5% in 2018, denies sale rumors

Chanel saw double-digit growth in net profit in 2019

Luxury group Chanel revealed that its revenues for 2018 rose 12.5% to $11.12bn in 2018, and sought to end rumors that the company was up for sale or was looking into an IPO, according to news agency Reuters. On a...

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