In 2023, Chanel’s worldwide brand value amounted to approximately 19.4 billion U.S. dollars, an increase on the previous year. The worldwide brand value of Chanel experienced a positive trend in the time period between 2017 and 2023, and growing by 27 percent in the most recently reported period.
One hundred years of success
Chanel, a century-old fashion house based in Neuilly-sur-Seine, France, produces high-fashion clothing as well as luxury items and accessories, most notably the popular fragrance Chanel No. 5. The company is one of the most valuable luxury brands worldwide, alongside other luxury fashion giants such as Louis Vuitton, Hermes, and Gucci. Chanel’s value correlates with its wide popularity. Among U.S. consumers, the company was one of the top well-known luxury fashion & accessory brands.
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Brand Finance. (September 30, 2022). Brand value of Chanel worldwide from 2017 to 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1010860/chanel-brand-value-worldwide/
Brand Finance. "Brand value of Chanel worldwide from 2017 to 2023 (in million U.S. dollars)." Chart. September 30, 2022. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1010860/chanel-brand-value-worldwide/
Brand Finance. (2022). Brand value of Chanel worldwide from 2017 to 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1010860/chanel-brand-value-worldwide/
Brand Finance. "Brand Value of Chanel Worldwide from 2017 to 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 30 Sep 2022, https://www.statista.com/statistics/1010860/chanel-brand-value-worldwide/
Brand Finance, Brand value of Chanel worldwide from 2017 to 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1010860/chanel-brand-value-worldwide/ (last visited August 25, 2024)
Brand value of Chanel worldwide from 2017 to 2023 (in million U.S. dollars) [Graph], Brand Finance, September 30, 2022. [Online]. Available: https://www.statista.com/statistics/1010860/chanel-brand-value-worldwide/