Chanel is a retail company focusing on luxury fashion, accessories, and cosmetics. Founded in 1910 Â in Paris by Gabrielle ""Coco"" Chanel, the brand has become synonymous with timeless elegance and modern style. As a designer, visionary, and artist, Coco Chanel revolutionized the fashion world by creating uncomplicated luxury that changed women's lives forever. Today, Chanel continues to inspire women of all ages across the globe with its iconic offerings.
Under the leadership of CEO Nick Hochland, the company has grown to employ 20,000 people and generates annual revenue of $11 billion. With its diverse workforce comprised of 71.2% female and 47.0% ethnic minorities, Chanel has managed to maintain a strong employee retention rate, averaging 4.3 years per employee. Despite the lack of political diversity among its employees, Chanel remains an influential force in the retail industry while staying true to its founder's values of freedom, passion, and feminine elegance.
