CHANEL Group has published its results and is now reaching $ 11 Billion Sales for 2018 up 10.5% on a comparable basis year-over-year, with operating profit hitting nearly $3 billion (27% of Sales), up 8 percent from 2017, with a headcount of more than 25,000 people worldwide.
Sales in the Asia-Pacific region soared to $4.7 billion, up nearly 20% year over year and surpassing Europe for the first time, where sales were nearly $4.3 billion, up 8 % from 2017. In the Americas, sales were $2.1 billion, up 7% from a year earlier.
And when you zoom on the beauty, which generates around a third of Chanel’s annual sales, the top-performing fragrances Coco Mademoiselle and Bleu de Chanel saw double-digit increases propelled by new launches. While e-commerce sales of fragrance and beauty products increased globally by 50 percent year-over-year.
Very impressive results! Congratulations to all the CHANEL Management and teams.
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