According to Bloomberg, citing a source familiar with the company’s financial performance, Chanel’s like-for-like sales for January through June rose by approximately 16%. The fashion division, which accounts for about 60% of the group’s revenue, showed a similar trend. Blasi’s collections, which went on sale in March, were in high demand in both the ready-to-wear and haute couture segments, as well as among accessory buyers. A Chanel spokesperson declined to comment on these figures.
Growth was recorded in all key regions where the company operates. The U.S. market showed the highest growth rates, where sales, according to the source, increased by more than 25%. Positive momentum also continued in China and the Middle East. According to a Bloomberg source, strong demand was also observed in July, although growth rates may slow slightly in the second half of the year due to a higher basis for comparison.
The watches and fine jewelry division proved particularly successful, with sales rising by approximately 35%. The Coco Crush jewelry collection was the main driver, while demand for watches also increased. Sales of perfumes and cosmetics rose by about 8%.
Chanel’s performance looks particularly strong against the backdrop of mixed results from other players in the luxury industry. Swiss-based Richemont reported a 20% increase in quarterly sales thanks to steady demand for Cartier jewelry, while organic growth at LVMH’s fashion and leather goods division was only 1%. This division includes Christian Dior Couture, where new creative director Jonathan Anderson recently made his debut.
Chanel remains one of the largest privately held companies in the global luxury industry and discloses its financial results only once a year. For the full year 2025, the company’s revenue increased by 1.8% to $19.3 billion. The fashion house is owned by brothers Alain and Gérard Wertheimer, each of whom has a net worth of approximately $46 billion, according to the Bloomberg Billionaires Index.
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