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This question is about CHANEL.
Who owns Chanel?
Alain Wertheimer and Gerard Wertheimer own Chanel. Alain and Gerard are the grandsons of Pierre Wertheimer, who was an early business partner of Coco Chanel. Chanel remains a privately-owned company.
Chanel was founded in 1910 by Gabrielle "Coco" Chanel. Coco catered to women's taste for elegance in its clothing and jewelry while replacing opulent and over-designed clothing and jewelry. Chanel is well-known for the Chanel No. Five perfume and the Chanel suit.
Chanel is headquartered in London, England. The company is multinational, with boutiques throughout Europe and the United States.
The Chanel logo is comprised of two interlocked and opposed "C's," with one facing left and one facing right. This logo has become one of the most recognizable in the world. It has also become a symbol of luxury, prestige, and class.
Chanel has been personified by male and female fashion models, entertainers, and celebrities. In 2021, Chanel had annual revenue of $15.6 billion with over 28,000 employees working for the company.
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