Chanel: The latest figures, news and market research on Chanel

Turnover: 17.22 billion EUR (2022)

Country: France

Chanel S.A. is a private French company owned by Alain Wertheimer and Gérard Wertheimer, grandsons of Pierre Wertheimer, one of the first business partners of fashion designer Gabrielle Bonheur Chanel.

Chanel S.A. specializes in haute couture and women's ready-to-wear, luxury goods and fashion accessories. Chanel also produces and distributes a wide range of high-end make-up and perfumes in France.

june 18, 2020 - Chanel ready to face the luxury crisis - (Source : Les Echos)

Chanel unveils its financial results for the first time, a historic moment
Sales at 9.88 billion euros in 2018, +12.5% in 2018 compared to 2017
Sales of 10.95 billion euros in 2019, but a sharp decline is expected due to the Covid crisis
Emblematic fragrance: Chanel n°5, pioneer of the aldehyde fragrance trend in France
New Gabrielle fragrance in 2019, a tribute to founder Gabrielle Chanel

News

Chanel invests in Italy again: new joint for Gensi Group 29/02/2024

**Chanel investment in the Gensi Group Footwear Factory**:
- - Inauguration of a new 3,000-square-meter splicing department at the Mosciano Sant'Angelo (Teramo) production site.
- - Activation of 4 new production lines of 70 meters each.
- - Currently, 6 production lines are in operation, with a plan to double them in the next 3 years through the inclusion of new professional resources.
**Corporate Sustainability Initiatives**:
- - Formation of 3 working groups dedicated to the company's environmental sustainability a year ago.
- - Reduction in energy consumption and processing waste.
- - Advances in recycling and reuse.
- - Launch of in-house training institute "M'Astri Nascenti" in collaboration with Arsutoria School, with 60 people trained to date.
**Workforce and Hiring Plans**:
- - Currently, the company has more than 660 employees, of whom more than 120 are hemlines.
- - New hires are planned to further increase the workforce.
**Manufacturing Chanel and Italian Supply Chain**:
- - Chanel shoes are designed in France but produced in Italy.
- - Italian companies controlled by Chanel involved in production: Roveda of Parabiago (acquired in 1999), Gensi of Giulianova (acquired in 2015), and Ballin Shoes (acquired in 2020).

Chanel creates "La Parcelle", a new green and artistic space 14/09/2023

Le 19M, the space dedicated to Chanel's métiers d'arts, was inaugurated in 2021.
Le 19M brings together 600 craftsmen and experts in eleven Maisons d'arts.

Chanel prepared for market changes 24/05/2022

The group offers collections for men and women
Sales of 14.6 billion euros in 2021
The group owns networks of Chanel stores, boutiques and distributors
Chanel's strategy is to harmonize prices and reaffirm that it will not sell its fashion and watch and jewelry creations online
The group has invested $758 million in transforming its distribution network
According to analysts, the label created by Coco Chanel is the only one in the sector to rival the power of LVMH Louis Vuitton and its revenues of some 17 billion euros

Financial Data

DUNS: 542052766

Legal Name: CHANEL

Address: 135 AV CHARLES DE GAULLE , 92200 NEUILLY-SUR-SEINE

Number of employees: Entre 2 000 et 4 999 salariés (2021)

Capital: 80 200 000 EUR

Financial Data:

Year	2021	2020	2019	2018	2017	2016	2015
Turnover	2 687 302 802	2 144 572 017	3 064 918 058	2 755 257 255	2 678 174 382	2 458 867 546	2 588 094 314
Gross margin (€)	2 879 789 695	2 175 832 874	2 998 525 345	2 690 608 515	2 431 862 170	2 163 348 373	2 279 903 587
EBITDA (€)	869 466 436	477 191 576	966 266 205	843 623 057	806 289 087	685 990 357	753 076 423
Operating profit (€)	848 499 595	320 883 142	886 952 098	834 716 144	771 093 215	631 319 540	709 852 873
Net profit (€)	816 527 335	177 583 517	877 885 248	606 795 162	585 181 255	504 683 222	836 148 776
Turnover growth rate (%)	25,3	-30	11,2	2,9	8,9	-5	-
Ebitda margin rate (%)	32,4	22,3	31,5	30,6	30,1	27,9	29,1
Operating margin rate (%)	31,6	15	28,9	30,3	28,8	25,7	27,4
Working Capital (turnover days)	18,4	52,7	37,1	32	16,9	6,3	7,1
Working Capital requirements (turnover days)	-5,9	7,2	12,6	8,5	6,4	11,9	8,7
Net margin (%)	30,4	8,3	28,6	22	21,9	20,5	32,3
Added value / Turnover (%)	28,8	23,4	31,4	31,8	33,9	33,1	35,2
Wages and social charges (€)	366 145 657	339 147 262	377 012 793	369 004 817	304 846 054	287 848 884	299 092 093
Salaries / Turnover (%)	13,6	15,8	12,3	13,4	11,4	11,7	11,6