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Establishment and recognition (1909–1920s) Gabrielle "Coco" Chanel in 1920. The House of Chanel originated in 1909, when Gabrielle Chanel opened a millinery shop at 160 Boulevard Malesherbes, the ground floor of the Parisian flat of the socialite and textile businessman Étienne Balsan, of whom she was the mistress. [4]
Gabrielle Bonheur " Coco " Chanel ( / ʃəˈnɛl / shə-NEL, French: [ɡabʁijɛl bɔnœʁ kɔko ʃanɛl] ⓘ; 19 August 1883 – 10 January 1971) [ 2] was a French fashion designer and businesswoman. The founder and namesake of the Chanel brand, she was credited in the post- World War I era with popularising a sporty, casual chic as the ...
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.
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Bruno Pavlovsky, president of fashion and president of Chanel SAS, said the brand was hiking the cost of its four core handbag styles and spring ready-to-wear collection by 6 percent in the euro ...
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