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Chanel might hold off dividend payment for 2024 as profits tumble by 30%
fortune.com/europe/2025/05/23/chanel-dividend-2024-earnings
Chanel is the latest luxury company to succumb to a sector-wide downturn that has weakened several of its larger French competitors, including LVMH and Kering.
The London-headquartered tweed suit maker saw revenues and operating profits fall 4.3% and 30%, respectively, in 2024—a sharp…
This story appeared on fortune.com, 2025-05-23 13:19:02.