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Chanel (/ ʃ ə ˈ n ɛ l / shə-NEL, French: ⓘ) is a luxury fashion house founded in 1910 by Coco Chanel in Paris. It is privately owned by the Wertheimer family and has been headquartered in London since 2018. Chanel specializes in women's ready-to-wear, luxury goods, and accessories and licenses its name and branding to Luxottica for eyewear.
Inspired by the straps found on soldiers' bags she added thin straps and introduced the resulting design to the market in 1929. [1] [2] After her successful comeback to the fashion industry in 1954, Chanel decided to update her handbag. [citation needed] The resulting design was called 2.55 after the date of creation, February 1955.
On 17 May 1947, Chanel received wartime profits from the sale of Chanel No. 5, an amount equivalent to some US$12 million in 2022 valuation. Her future share would be two per cent of all Chanel No. 5 sales worldwide (projected to gross her $34 million a year as of 2022), making her one of the richest women in the world at the time the contract ...
Goodbye, Grand Palais: For her fall collection, Chanel creative director Virginie Viard traded the vast steel-and-glass structure for the more intimate backdrop of Castel, the Paris institution ...
Bruno Pavlovsky, president of fashion and president of Chanel SAS, said the brand was hiking the cost of its four core handbag styles and spring ready-to-wear collection by 6 percent in the euro ...
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