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Chanel buys Bond Street store after getting coronavirus loan

05 October 2020

Chanel has bought its showpiece store on Bond Street after borrowing millions of pounds from the Bank of England’s emergency coronavirus lending scheme.

The perfume and fashion house has agreed to pay about £310 million for the boutique — about £70 million more than the £240 million asking price, The Times has learnt.

Read the full story on The Times.

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