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Chanel, which left Russia, unexpectedly showed profits for 2024. Representative …

Chanel, which left Russia, unexpectedly showed profits for 2024. The representative of the French company earned 3.5 billion rubles.
The brand has officially packed its bags for spring 2022. In the same year, the Russian LLC reported to the tax authorities. There was a big minus at the docks – they lost 1.8 billion. The next year another 7.7. The subsidiary is waiting for the sanctions to be lifted so as not to receive criminal charges for sales. But everything expensive – perfumes, bags, etc. – came to Russia through private buyers.
A legal entity, in advance, could earn money on its assets all this time – for example, rent out premises and receive cash. Plus about five billion rubles of savings, which may be invested. In addition, the financial burden was also relieved by the fact that the company abandoned a number of sites in the shopping center, except for the flagship on Petrovka. General Director of Chanel LLC Evgenia Bazhutova declined to comment.
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Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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