Chanel Holds As Luxury's Number Two Brand, But Hermès Is Gaining Ground
Chanel's rapid growth on raised prices and wider distribution puts it at risk in the luxury market. A side-by-side comparison with Hermes shows where it is vulnerable.
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Chanel's rapid growth on raised prices and wider distribution puts it at risk in the luxury market. A side-by-side comparison with Hermes shows where it is vulnerable.
The French luxury house posted strong quarterly sales growth across all geographic areas, including China.
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