Find in the news:
BY COUNTRY

Chanel reported record revenue in 2019



Double-digit revenue growth was achieved in all regions and throughout the entire product line of the brand.
Chanel Calgary boutique

Chanel, the French fashion house, reported a 13% annual growth in revenue, reaching $12.3 billion. For the first time since the launch of the brand, sales exceeded the mark of $12 billion, while the growth in operating profit amounted to 16.6%, reaching a mark of $3.49 billion. 

Chanel started publishing financial reports in 2018 when the reported revenue of the luxury fashion house reached $9.62 billion. Today, as well as three years earlier, Chanel is one of the best-selling luxury brands, second only to Louis Vuitton in terms of revenue.

Chanel finished last year without the leadership of Karl Lagerfeld, who died in February. The position of the creative director was taken by Virginie Viard. According to the annual report, sales of clothing and accessories increased by 28% year-on-year, with double-digit revenue growth “in all regions and all product lines.”

The company expects that its key business indicators will remain under pressure throughout 2020-2021. Most of Chanel's stores and factories were closed within two months amidst restrictions in the United States, Europe, and Asia. To date, about 85% of the French brand's stores have been restored. In 2020, the company expects to make a profit.

More about shopping malls in France



DAY BEFORE YESTERDAY, USA:
Tesla stores are leaving mallsThe electric car maker is taking another blow to the position of malls that are losing tenants one-by-one.
DAY BEFORE YESTERDAY, Estonia:
The initial value of the 55,000 sq.m. complex is €85 million.
Jul 28, 2021, United Kingdom:
Two years after Philip Morris announced its plans to expand the British chain, it has become known of its intention to close it completely.
Jul 28, 2021:
Those who have not been vaccinated will not access public spaces, such as government offices, restaurants, and shopping malls.
Jul 27, 2021, United Kingdom:
The chain of luxury department stores, founded in 1909, may change ownership.
Jul 20, 2021, USA:
LVMH will acquire a controlling stake in Off-White, with its founder retaining 40%.
Friend
and Follow
Olympia Einkaufszentrum GLA:602 779 SF
ADDRESS: Hanauer Straße 68, 80993
Germany . Munich
Olympia Einkaufszentrum
Vegas Crocus City GLA:1 199 078 SF
ADDRESS: 61 km Moscow Ring Road
Russia . Moscow region
Vegas Crocus City
Asheville Outlets GLA:325 000 SF
ADDRESS: 800 Brevard Road, Asheville, NC 28806
USA . Asheville
Asheville Outlets
Charlotte Premium Outlets GLA:400 000 SF
ADDRESS: 5404 New Fashion Way Suite 100, Charlotte, NC 28278
USA . Charlotte
Charlotte Premium Outlets


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us