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The Happi top company’s expansion of its network of standalone fragrance and beauty boutiques was a top priority.
May 25, 2023
By: Lianna Albrizio
Associate Editor
Chanel gained 17% in revenues in 2022, reaching $17.2 billion; operating profits rose 5.8% to $5.78 billion, the company reported. Double-digit growth was reported across all product lines, attributing its success to nurturing local clienteles during the Covid-19 restrictions. In Asia Pacific, the company gained 14.3% to $8.65 billion on a comparable basis. Revenues climbed 29.6% in Europe to $4.72 billion and 9.5% in the Americas to $3.86 billion. Investments in b...
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