Chanel billionaire owners set to forgo payout amid luxury slump
By Bloomberg Published May 22, 2025 The billionaire Wertheimer family behind Chanel may forgo a payout from the luxury brand’s most recent earnings cycle in a sign the industry downturn is hitting another of the world’s wealthiest dynasties. See catwalkChanel – Cruise Collection2026 – Womenswear – Milan – ©Launchmetrics/spotlight London-based Chanel didn’t pay an interim…