Chanel is a company specialized in haute couture, luxury articles and
accessories, and is nowadays privately owned by Alain and Gerard
Wertheimer, grandsons of Pierre, who was one of the first business partners of the stylist Gabrielle Bonheur Chanel, better known as Coco Chanel. This brand founded in nineteen hundred and nine was a true myth in the fashion world, responsible for most of the main changes in women's clothing and fashion that took place in the 20th century. Having been at two thousand and seventeen, valued at thirteen point four billion dollars, being considered the fifth most valuable brand in France. Coco Chanel, founder of this brand, was a French fashion designer, born on August 19, one thousand eight hundred and eighty three and died on January 10, one thousand nine hundred seventy-one. After the death of her mother, coco chanel, at only twelve years, was raised in an orphanage run by nuns. At the orphanage she learned to sew and worked in a sewing workshop specializing in making layettes. This way coco chanel could sell the hats she designed and made. Channel became world-renowned for the "black dress" for the No. 5 perfume and for the Chanel costume, as the use of knitted fabrics produced comfortable and accessible clothes. Her clothes began to dress the great actresses of Hollywood, and her style dictated fashion all over the world. Coco's ideas have stood the test of time, going through two great wars and economic crises. This brand is headquartered in France, has more than thousand five hundred employees, is present in hundred countries and has two hundred stores.