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Chanel to Open Private Stores for Top Clients as Sales Soar 50%

The French luxury giant said 2021 revenues rose 23 percent over pre-pandemic levels to $15 billion. The brand now plans to open dedicated boutiques for top-spending clients as rapid growth risks overcrowding its stores, CFO Philippe Blondiaux revealed.
A look from Chanel's 2022/2023 Cruise collection.
A look from Chanel's 2022/2023 Cruise collection presented in Monaco. (Chanel)

Chanel

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