Verify
Your Page

Chanel

Helmed by Karl Largerfeld and owned by the Wertheimers, this French luxury label is known for its powerful brand iconography.

Vital statistics

  • 1909 Established
  • Type
  • > 10,000 Number of employees
  • €6.3 billion (2012) Revenue
  • 310 Stores
  • Paris, France HQ

Key people

  • Alan Wertheimer & Gerard Wertheimer Co-Owners

Company Snapshot

Company Snapshot

Chanel S.A. is a French, privately held company owned by Alain and Gerard Wertheimer, grandsons of Pierre Wertheimer, who was an early business partner of the couturière Gabrielle Bonheur Chanel.

Chanel S.A. is a high fashion house that specializes in haute couture and ready-to-wear clothes, luxury goods and fashion accessories. In her youth, Gabrielle Chanel gained the nickname Coco from her time as a chanteuse. As a fashion designer, Coco Chanel catered to women’s taste for elegance in dress, which replaced the opulent, over-designed, and constrictive clothes and accessories of 19th-century fashion.

The House of Chanel is known for the “little black dress”, the perfume No. 5 de Chanel, and the Chanel Suit. Chanel revolutionized fashion — high fashion (haute couture) and everyday fashion (prêt-à-porter) — by replacing structured-silhouettes, based upon the corset and the bodice, with garments that were functional and at the same time flattering to the woman’s figure.

In 1983 Karl Lagerfeld took over as chief designer for Chanel. Like Chanel, he looked into the past as inspiration for his designs. He incorporated the Chanel fabrics and detailing such as tweed, gold accents, and chains. Lagerfeld kept what was signature for Chanel but also helped bring the brand into today.

Source: Wikipedia

Latest news

Featured articles

Sign up for BoF's free agenda-setting daily newsletter, with our must read features and the top fashion business news and analysis of the day.