Chanel sees 'softening in the US' as China bounces back

By A Mystery Man Writer

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Chanel sees 'softening in the US' as China bounces back

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According to the World Luxury Index™ China, "Chanel has become the #1 most sought-after global luxury brand in China", overtaking competitors such as Louis Vuitton and Gucci. Chanel's beauty products This year's report has also revealed that part of Chanel's success is thanks to its huge stake in beauty segment, as 22.70% of Chinese consumer…

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