French label Chanel made $11 billion (about £8.7 billion) it its final year under the late designer Karl Lagerfeld.
The notoriously private brand made the announcement yesterday - only the second time in its 109-year history that it has publicly reported sales results.
Chanel, owned by the Wertheimer family, said that sales rose more than 10 per cent last year, according to Rappler.
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Jessica Davis is Harper's Bazaar UK's digital writer. She helps the team across all sections of the brand, from writing news stories, to designer and celebrity interviews, as well as longer features. Specialising in fashion and sustainability, Jessica heads up our sustainability content, from championing brands to keeping our readers in the know about how to help our planet. She’s loved fashion ever since she can remember and enjoys wearing clothing that sparks joy.
