Chanel

The company was founded in 1910 when Gabrielle Chanel (Coco Chanel) opened a small hat shop in Paris, with the name of Chanel Modes. Now, the company is one of the only haute couture brands left in the fashion business. Karl Lagerfeld was its creative director for 35 years.

The French maison is promoting the creation of Nevold, an independent company to scale the development of circular materials. The new entity is led by Sophie Brocart, former CEO of luxury brand Patou.

Chanel reveals new headquarters for its artisans

The French luxury group has unveiled a structure of 25,000 square meters, called 19M, that will gather its artisan houses.

Chanel keeps integrating suppliers, buys stake in three manufacturers

The French luxury holding has bought a stake in Italian leather good makers Renato Corti and Mabi, as well as in French clothing manufacturer Grandis.

Hong Kong: fashion ups and downs while crisis persists

In the middle of the civil protest, companies move between highs and lows in the Hong Kong Market. Sephora opens its first store after it closed it last flagship in the city and Chanel postpones its cruise collection show.

Chanel exceeds $11 billion in turnover in 2018 and denies its sale

The company, controlled by the Wertheimer brothers, grew 10% last year, at the same time that denies the rumors of a possible sale.

Chanel to invest in an ‘eco’ silk start-up

The French company has acquired a minority stake in Evolved by Nature, a chemical company that has developed an organic silk.

Nike and Chanel are the first fashion companies on top positions in the ranking of most valuable retail brands, published by Brandz.

The French group named Eric Pfrunder as artistic director of the brand. The creative is a well-known figure at Chanel, to which he has been linked for many years.

The company announced that Virginie Viard will substitute the designer. Viard worked with Karl Lagerfeld for more than thirty years.

The French luxury company, after making a recent announcement that it will no longer use fur for its collections, has just taken a stake in Sulapac, a Finnish group that produces biodegradable materials.

The label went for sale in August 2017 for an estimated price of 50 million pounds (54 million euros). The French luxury company acquired the business for an undisclosed sum.

The French group has become a shareholder of the luxury watches manufacturer, based in Geneva (Switzerland) and founded by François-Paul Journe in the eighties.

The Japanese group has named Isabelle Gex, whose career spans over 25 years in the world of beauty and perfume, as its new president of global fragances. She will assume the role on June 11.

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