Chanel is a Parisian fashion house, founded in 1910 by designer Coco Chanel. The brand specializes in designing and manufacturing luxury items such as clothing couture, ready to wear, handbags, perfumes and cosmetics, among others.
According to Forbes magazine, the House of Chanel private company owned by Alain Wertheimer and Gerard Wertheimer who are the grandchildren of former Chanel partner Pierre Wertheimer. Today, Chanel has boutiques around the world in exclusive shopping districts and performed their shows in major fashion capitals. Items bearing the Chanel double C logo The Chanel brand has become one of the biggest names in fashion couture. Coco Chanel used to live in the Hotels Ritz Paris and the suite is now called “Coco Chanel Suite.”