SEOUL, March 26 (Korea Bizwire) — Chanel Korea reported record annual revenue of 1.84 trillion won (approximately $1.3 billion) in 2024, marking an 8% increase from the previous year, according to the company’s audited financial statement released on Tuesday. Despite the robust sales growth, the company’s operating profit slipped 1% to 269.5 billion won, while net [...]
SEOUL, Sept. 5 (Korea Bizwire) — Chanel Korea’s sales employees, working at domestic department stores and duty-free shops, have launched an all-out strike. Members of the Korean unit of the French luxury fashion house’s labor union, representing sales workers at department stores and duty-free shops, went on strike from Friday to Monday due to management’s [...]
SEOUL, April 8 (Korea Bizwire) — The Korean branch of the Organization for Economic Cooperation and Development (OECD) on Friday said it has decided to begin mediation procedures between Chanel Korea’s labor union and management over the company’s alleged violation of labor acts and human rights. In December last year, employees of the French luxury [...]
SEOUL, Nov. 8 (Korea Bizwire) — A South Korean court has rejected a lawsuit filed by workers who asked their employer to pay them overtime for the time spent on so-called “grooming for work,” which typically involves applying makeup and styling one’s hair. The Seoul Central District Court ruled Thursday that 335 employees of a [...]