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Chanel Gains New Buyers, Returns to Growth Path
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In 2025, Parisian fashion house Chanel's sales revenue grew by 2% to $19.3 billion. This is a step forward, considering that in 2024, compared to 2023, turnover had shrunk by 4.3%. Fashion experts attributed this to falling demand, which was determined by the decisions of many luxury business representatives to increase product prices, reports Reuters.
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