Chanel profit tumbles as luxury industry downturn hits sales

Chanel Ltd. profit plunged last year as the closely held company boosted spending on marketing to stay visible amid a luxury industry downturn. 

May 20, 2025 - 20:25
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Chanel profit tumbles as luxury industry downturn hits sales
Chanel Ltd. profit plunged last year as the closely held company boosted spending on marketing to stay visible amid a luxury industry downturn.