- Chanel is a French privately owned High fashion house founded in 1909, and owned by the Wertheimers. The house specializes in haute couture, ready-to-wear and luxury goods as well as accessories.
- Chanel revolutionized fashion by replacing structured-silhouettes, based upon the corset and the bodice, with garments that were functional and at the same time flattering to the woman’s figure.
- The Chanel brand thrived until economic depression and the outbreak of World War II caused Coco Chanel’s business to close in 1939. Chanel returned with a legendary fashion show in 1954, and in her 70s, she revived her brand to the influential status it holds to this day.
- As Chanel is often quoted, “Fashion passes, style remains.” Even a woman who has never owned a Chanel piece is likely to have something inspired by the iconic designer.