Chanel Posts 18% Sales Drop for 2020 as Pandemic Closed Shops - Bloomberg

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Chanel Posts 18% Sales Drop for 2020 as Pandemic Closed Shops - Bloomberg

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Chanel Ltd., the fashion house synonymous with woven chain-link handbags, tweed blazers and No. 5 fragrance, posted a slump in sales last year as the pandemic closed boutiques and disrupted international travel.

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