Chanel acquires London flagship for £310m following sales process

// Chanel snaps up London Bond Street store following lengthy sales process
// The deal was agreed last week despite a decline in sales and shopper numbers in the areaChanel has reportedly bought its London flagship store for £310 million despite weak footfall levels in the West End district.
The Bond Street store has been snapped up for £70 million more than the initial £240 million asking price, The Times reported.
The deal was agreed last week despite a decline in sales and