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Chanel (/ ʃ ə ˈ n ɛ l / shə-NEL, French: ⓘ) 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.
In the 1920s, Coco Chanel became tired of having to carry her handbags in her arms and decided to design a handbag that freed up her hands. Inspired by the straps found on soldiers' bags she added thin straps and introduced the resulting design to the market in 1929. [1] [2]
On 17 May 1947, Chanel received wartime profits from the sale of Chanel No. 5, an amount equivalent to some US$12 million in 2022 valuation. Her future share would be two per cent of all Chanel No. 5 sales worldwide (projected to gross her $34 million a year as of 2022), making her one of the richest women in the world at the time the contract ...
But if you think this is scary, according to the Department of Homeland Security, 500 million fake handbags, belts and wallets worth $1 billion on the street were confiscated in 2012 and $1.2 ...
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Kate Middleton has no shortage of handbags, although the Chanel bag that she carried on Tuesday, December 3, in London is among her most prized – and pricey – designer bags. When the Princess ...