Summary
COVID-19 Impact on Chanel June 29, 2020 based on market analysis and brand diversification by industry and geography.
The companies in the beauty and fashion industry will experience a decline in overall sales due to the spread of Coronavirus pandemic. Chanel, concentrating in single industry operations of cosmetics and toiletries, will be among the major companies to record a negative growth rate in 2020. Sectors such as fragrances and make-up do not feature in in consumers' priority purchase list during this pandemic and so will be adversely impacted by the COVID-19 in 2020. Concurrently, sectors such as personal hygiene, male toiletries, and skincare are expected to provide some resilience; however, these account for a very small share of the company's overall revenue.
Scope
Reasons to Buy
COVID-19 Impact on Chanel June 29, 2020 based on market analysis and brand diversification by industry and geography.
The companies in the beauty and fashion industry will experience a decline in overall sales due to the spread of Coronavirus pandemic. Chanel, concentrating in single industry operations of cosmetics and toiletries, will be among the major companies to record a negative growth rate in 2020. Sectors such as fragrances and make-up do not feature in in consumers' priority purchase list during this pandemic and so will be adversely impacted by the COVID-19 in 2020. Concurrently, sectors such as personal hygiene, male toiletries, and skincare are expected to provide some resilience; however, these account for a very small share of the company's overall revenue.
Scope
- Major contributing regions - Western Europe, North America, and Asia - are currently reeling under the effects of COVID-19
- Chanel's concentrated operations and primary revenue-generating regions reeling under COVID-19 will hurt its growth prospects - A large share of Chanel's fragrances revenue is in high-impact regions, which may affect its overall sales
Reasons to Buy
- Understand the challenges and opportunities for a specific company in order to tap into what is really impacting the industry.
- Gain a broader appreciation of the industry by gaining insights from both within and outside of your sector.
- Access valuable strategic take-outs to help direct future decision-making and inform new product development.
Table of Contents
- COVID-19 Impact Analysis on Chanel - Key Findings As of 29th June, 2020
- Geographic Spread Analysis - COVID-19 VS Chanel's Brand Sales
- The Impact of COVID-19 on Chanel's Regional Sectors
- Chanel's 2020 Exposure: Brand Sales at Risk by Region and Sector
- Contact
