There has been some confusion in the fashion world regarding whether Chloe is owned by Chanel. Let’s dive into the history and facts to clear up this misconception.
The History of Chloe
Chloe is a French fashion house that was founded in 1952 by Gaby Aghion. It quickly gained popularity for its feminine and romantic designs, featuring flowing fabrics and delicate details. Over the years, Chloe has become known for its bohemian-chic aesthetic and timeless elegance.
The History of Chanel
Chanel, on the other hand, was founded in 1909 by Coco Chanel. It is one of the most iconic fashion houses in history, known for revolutionizing women’s fashion with its classic tweed suits, little black dresses, and Chanel No.5 perfume. The brand has become synonymous with luxury and sophistication.
Chloe’s Ownership
So where does Chanel come into play? Despite some rumors to the contrary, Chloe is not owned by Chanel. However, there is a connection between the two brands.
In 1985, Chloe was acquired by Richemont Group (formerly known as Vendome Group), a Swiss luxury goods holding company that also owns brands such as Cartier, Montblanc, and Dunhill. Richemont Group then sold Chloe to Compagnie Financière Richemont SA (CFR), another Swiss luxury group.
Interestingly enough, CFR also owns a 34% stake in Chanel International BV – the company that oversees all of Chanel’s activities outside of France – but this does not mean that Chloe is owned by Chanel.
The Relationship Between Chloe and Other Brands
While Chloe may not be owned by Chanel, it does have relationships with other high-end brands. In fact, Chloe has collaborated with many prestigious names such as Fendi and Net-a-Porter.
Furthermore, the brand has had many notable creative directors over the years, including Karl Lagerfeld (who was also the creative director for Chanel for many years), Stella McCartney, and Phoebe Philo.
Conclusion
In conclusion, Chloe is not owned by Chanel. While there may be some connections between the two brands through their respective parent companies, they are separate entities with their own unique histories and aesthetics. Chloe has established itself as a beloved fashion house in its own right and continues to inspire women around the world with its beautiful designs.