Chanel. A luxury fashion house founded in 1910 by Coco Chanel in Paris. It is privately owned by French brothers, Alain and GĂ©rard Wertheimer, through the holding company Chanel Limited, established in 2018 and headquartered in London.
Chanel specializes in women’s ready-to-wear, luxury goods, and accessories and licenses its name and branding to Luxottica for eyewear. Chanel is well known for its No. 5 perfume and “Chanel Suit.”
Chanel is credited for revolutionizing haute couture and ready-to-wear by replacing structured, corseted silhouettes with more functional garments that women still found flattering.
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