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Retail Earnings

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← Global luxury groups

Chanel Limited

Global luxury groups · private

The Japan read

From the company's own filing for Full year to Dec 2025 · reported 2026-05-19 · the filing

Other callouts in the filing

floortok's reading of the filing, in our own words. Figures are the company's own; where a growth rate is our arithmetic, it says so.

Show figures in

Full year to Dec 2025

Reported 2026-05-19
Revenue$19.3bn+3.0%
Operating profit$4.7bn+5.2%
Net income$2.9bn−14.3%

Chanel Limited's 2025 results — the group's first full year under new Artistic Director of Fashion Activities Matthieu Blazy — showed revenue up 3.0% as reported to $19.3bn, a slower 1.8% on a comparable, constant-currency basis. Operating profit rose 5.2% to $4.7bn, but a jump in the effective tax rate (27.7% to 33.5%) pulled profit after tax down 14.3% to $2.9bn; free cash flow rose 44%. The private house doesn't break out Japan, folding it into an Asia Pacific region that slipped slightly (-0.6% reported, -0.8% comparable) even as it kept investing there — completing a store project in Fukuoka and staging a High Jewellery collection launch in Kyoto.