Chanel

Chanel Ltd
	Chanel Fragrance & Beauty boutique, Miami
Company type	Private
Industry	Fashion
Founded	1910; Paris, France
Founders	Coco Chanel and Pierre Wertheimer
Headquarters	5 Barlow Place London, W1J 6DG United Kingdom; 51°30′38″N 0°08′36″W / 51.51054°N 0.1432786°W
Number of locations	500+ boutiques
Area served	Worldwide
Key people	Leena Nair (CEO); Matthieu Blazy (creative director); Philippe Blondiaux (CFO); Olivier Polge (master perfumer);
Products	Haute couture; ready-to-wear; accessories; jewellery; perfume;
Revenue	US$19.7 billion (2023)
Operating income	6,407,000,000 United States dollar (2023)
Net income	US$4.0 billion (2021)
Owners	Alain Wertheimer; Gérard Wertheimer;
Number of employees	32,000 (aug 2024)
Website	chanel.com

Chanel (/ʃəˈnɛl/ shə-NEL, French: [ʃanɛl] ^ⓘ) is a French luxury fashion house founded in 1910 by Coco Chanel in Paris. It is privately owned by French brothers, Alain and Gérard 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.^[3]^[4] Chanel is well known for its No. 5 perfume and "Chanel Suit".^[5] 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.^[6]

^ "Chanel lifts the veil on its profits for the first time". BBC News. 21 June 2018. Retrieved 21 February 2022.
^ ^a ^b ^c ^d Garnier, Juliette (25 May 2022). "Despite Chanel's record sales in 2021, the luxury sector is plunging back into uncertainty". Le Monde. Archived from the original on 8 July 2022.
^ Mira, Nicola (24 October 2019). "Luxottica renews eyewear licence contract with Chanel". Fashion Network. Retrieved 3 September 2022.
^ "Chanel". Fashion Model Directory. Archived from the original on 27 October 2010. Retrieved 19 June 2008.
^ "Gabrielle "Coco" Chanel (1883–1971) and the House of Chanel". Heilbrunn Timeline of Art History, The Metropolitan Museum of Art. New York. Archived from the original on 1 November 2016.
^ Cite error: The named reference ContemporaryFashion was invoked but never defined (see the help page).

[1] "Chanel lifts the veil on its profits for the first time". BBC News. 21 June 2018. Retrieved 21 February 2022.

[lemonde-2] Garnier, Juliette (25 May 2022). "Despite Chanel's record sales in 2021, the luxury sector is plunging back into uncertainty". Le Monde. Archived from the original on 8 July 2022.

[3] Mira, Nicola (24 October 2019). "Luxottica renews eyewear licence contract with Chanel". Fashion Network. Retrieved 3 September 2022.

[directory-4] "Chanel". Fashion Model Directory. Archived from the original on 27 October 2010. Retrieved 19 June 2008.

[5] "Gabrielle "Coco" Chanel (1883–1971) and the House of Chanel". Heilbrunn Timeline of Art History, The Metropolitan Museum of Art. New York. Archived from the original on 1 November 2016.

[ContemporaryFashion-6] Cite error: The named reference ContemporaryFashion was invoked but never defined (see the help page).

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