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Chanel (/ ʃ ə ˈ n ɛ l / shə-NEL, French: ⓘ) is a 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.
Inspired by the straps found on soldiers' bags she added thin straps and introduced the resulting design to the market in 1929. [1][2] After her successful comeback to the fashion industry in 1954, Chanel decided to update her handbag. The resulting design was called 2.55 after the date of creation, February 1955. [1]
For six consecutive years (2006–2012), Louis Vuitton was named the world's most valuable luxury brand. Its 2012 valuation was US$25.9 billion. [7] In 2013, the valuation of the brand was US$28.4 billion with revenue of US$9.4 billion. [8] The company operates in 50 countries with more than 460 stores worldwide.
PARIS — Bad news for Chanel customers: the French luxury house is raising prices again. Bruno Pavlovsky, president of fashion and president of Chanel SAS, said the brand was hiking the cost of ...
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lvmh.com. LVMH Moët Hennessy Louis Vuitton SE (French: [mɔɛt‿ɛnɛsi lwi vɥitɔ̃]), [1] commonly known as LVMH, is a French multinational holding company and conglomerate [7][8][9][10] specializing in luxury goods, headquartered in Paris. [11] The company was formed in 1987 through the merger of fashion house Louis Vuitton (founded in ...