Pause operations: company temporarily curtailing operations while keeping return options open
Leave SuspensionChanel is a French luxury fashion house founded in 1910 by Coco Chanel in Paris. It is privately owned by the Wertheimer family and has been headquartered in London since 2018. It focuses on women's ready-to-wear clothes, luxury goods and accessories.
Pause operations: company temporarily curtailing operations while keeping return options open
Leave SuspensionGlobal 500, is an annual ranking of the top 500 corporations worldwide
Global 500The company pauses its business in Russia. Import to Russia is suspended and all shops are closed. Shipments dropped sharply after the invasion, and very few remaining shipments are all indirect. The bulk of indirect shipments after the invasion is traded by Switzerland.
April 25, 2022 | Chanel Targets Wealthy Vacationers With New Store Openings |
March 10, 2022 | LinkedIn Post |
March 06, 2022 | Burberry joins exodus of luxury brands from Russia |
March 05, 2022 | The owners of Louis Vuitton and Chanel will temporarily close stores in Russia |