Lagerfeld’s Chanel made $11 billion in his last year

Chanel clocked up sales of nearly 10 billion euros ($11.1 billion) in its final year under the late designer Karl Lagerfeld, the French label said Monday. The notoriously secretive brand owned by the Wertheimer family, which has only reported its results publicly twice in its 109-year history, said sales rose more than 10 percent in … Continue reading Lagerfeld’s Chanel made $11 billion in his last year