Chanel Posts 18% Sales Drop for 2020 as Pandemic Closed Shops - Bloomberg

By A Mystery Man Writer
Chanel Posts 18% Sales Drop for 2020 as Pandemic Closed Shops - Bloomberg

Chanel Ltd., the fashion house synonymous with woven chain-link handbags, tweed blazers and No. 5 fragrance, posted a slump in sales last year as the pandemic closed boutiques and disrupted international travel.

Chanel Posts 18% Sales Drop for 2020 as Pandemic Closed Shops - Bloomberg

Chanel Posts 18% Sales Drop for 2020 as Pandemic Closed Shops - Bloomberg

Chanel Posts 18% Sales Drop for 2020 as Pandemic Closed Shops - Bloomberg

Chanel Posts 18% Sales Drop for 2020 as Pandemic Closed Shops - BNN Bloomberg

Chanel Posts 18% Sales Drop for 2020 as Pandemic Closed Shops - Bloomberg

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Chanel Posts 18% Sales Drop for 2020 as Pandemic Closed Shops - Bloomberg

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Chanel Posts 18% Sales Drop for 2020 as Pandemic Closed Shops - Bloomberg

CNN's early reporting on the novel coronavirus: Articles, videos and posts from January and February 2020

Chanel Posts 18% Sales Drop for 2020 as Pandemic Closed Shops - Bloomberg

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Chanel Posts 18% Sales Drop for 2020 as Pandemic Closed Shops - Bloomberg

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The containment measures imposed in China are weighing down sales of Chanel, Burberry and Richemont, while the United States remains a buoyant market.

Chanel Posts 18% Sales Drop for 2020 as Pandemic Closed Shops - Bloomberg

Despite Chanel's record sales in 2021, the luxury sector is plunging back into uncertainty

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Chanel Posts 18% Sales Drop for 2020 as Pandemic Closed Shops - Bloomberg

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