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  September 5, 2001
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Home > Company Index > Consumer Products-Non-Durables  > Luxury Goods > Chanel S.A.

Chanel S.A.
 PROFILE
Known for classic coutures like "the little black dress" and famed fragrance Chanel No. 5, Chanel has been a haute name in fashion and cosmetics for decades; the company also creates watches and jewelry and has a single license -- for eyewear with Luxottica. Founder Gabrielle "Coco" Chanel opened her first boutique in 1913, touting designs known for simplicity, such as hats and tailored women's suits. Coco died in 1971, and Chanel's designs stagnated for years until Karl Lagerfeld took over the designs and rejuvenated the label by tapping a younger market. The firm has about 100 boutiques around the world. Controlled by chairman Alain Wertheimer's family, Chanel also owns Eres, a French beachwear and lingerie label.

 COMPETITION
Gucci Group N.V. (GUC)
LVMH Moët Hennessy Louis Vuitton SA (LVMHY)
I Pellettieri d'Italia S.p.A. (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1997 Sales (mil.): 760.00

 KEY PEOPLE
• Francoise Montenay
    CEO

 CONTACT INFO
135, Avenue Charles de Gaulle
92521 Neuilly-sur-Seine Cedex, France
Phone: 33-1-46-43-40-00
Fax: 33-1-47-47-60-34
Online: Web Site

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