From its No. 5 perfume, to ready-to-wear collections and accessories, Chanel is notably one of the biggest brands in the luxury market. However, how much the company actually makes from global sales of has been kept a secret, until now.

According to Bloomberg, Chanel posted almost $10 billion dollars in sales last year, which reportedly rivals with Louis Vuitton.

With sales growth strong, and the company aiming to ramp up investment, the French fashion house said it disclosed the numbers partly to repel rumors it could be taken over. It ultimately fuels a race for bragging rights among the fashion industry’s biggest brands. Kering SA’s Gucci said it aims to lift revenue to $11.6 billion from 6.2 billion last year, and with a 45 percent sales increase last year, Gucci pulled ahead of Hermès.

Chanel recorded a net profit of $1.8 billion last year on a revenue of $9.6 billion, and sales rose 11 percent on a constant-currency basis as the industry benefited from Asian demand.

For the full story, head on over to Bloomberg.

In other style news, Kid Cudi, Playboi Carti, Blondey McCoy, and more walk in Virgil Abloh’s Louis Vuitton debut.


What To Read Next

  • Image on Highsnobiety

    New Balance Is Not Slowing Down With The 2002R Releases

  • Image on Highsnobiety

    A Life-Size Perfume Bottle Walked Olivier Rousteing's Jean Paul Gaultier Couture

  • Image on Highsnobiety

    Pas Normal Studios’ New CPH Flagship Is a Cyclist’s Dream

  • Image on Highsnobiety

    RTFKT Continues Its NFT Wins With Space Drip

  • Image on Highsnobiety

    The Best White Sneakers in Women's Sizes

  • Image on Highsnobiety

    Here's How to Get 3 Months of TIDAL Premium for $3

*If you submitted your e-mail address and placed an order, we may use your e-mail address to inform you regularly about similar products without prior explicit consent. You can object to the use of your e-mail address for this purpose at any time without incurring any costs other than the transmission costs according to the basic tariffs. Each newsletter contains an unsubscribe link. Alternatively, you can object to receiving the newsletter at any time by sending an e-mail to

Web Accessibility Statement

Titelmedia (Highsnobiety), is committed to facilitating and improving the accessibility and usability of its Website, Titelmedia strives to ensure that its Website services and content are accessible to persons with disabilities including users of screen reader technology. To accomplish this, Titelmedia has engaged UsableNet Inc, a leading web accessibility consultant to help test, remediate and maintain our Website in-line with the Web Content Accessibility Guidelines (WCAG), which also bring the Website into conformance with the Americans with Disabilities Act of 1990.


Please be aware that our efforts to maintain accessibility and usability are ongoing. While we strive to make the Website as accessible as possible some issues can be encountered by different assistive technology as the range of assistive technology is wide and varied.

Contact Us

If, at any time, you have specific questions or concerns about the accessibility of any particular webpage on this Website, please contact us at, +49 (0)30 235 908 500. If you do encounter an accessibility issue, please be sure to specify the web page and nature of the issue in your email and/or phone call, and we will make all reasonable efforts to make that page or the information contained therein accessible for you.