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Chanel records revenues of 17.22 billion dollars, plans to up investments

French luxury label Chanel reported positive financial results for 2022, giving it the confidence to outline some ambitious investment plans for the year ahead. The company reported a 17 percent increase in its revenue to 17.22 billion dollars for 2022, while its operating profits also rose 5.8 percent to 5.78 billion dollars. In light of the...

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