Who Is Chanel Beauty Owned By?

If you’re a fan of Chanel Beauty, you may be wondering who owns this luxurious brand. Well, let’s dive into the history of Chanel and find out!

The Founder of Chanel

Chanel was founded by Gabrielle Bonheur “Coco” Chanel in 1909. She started as a milliner, creating hats for women, and eventually expanded her business to include clothing and accessories.

The Ownership of Chanel Beauty

Chanel Beauty is actually owned by the overall parent company of Chanel: Chanel S.A. This company is a privately held French fashion house that was founded in 1909 by Coco Chanel herself. The brand is known for its luxury goods, including haute couture, ready-to-wear clothing, accessories, fragrances, and cosmetics.

Chanel S.

Chanel S. is headquartered in Paris, France and is currently run by CEO Alain Wertheimer and his brother Gerard Wertheimer. The Wertheimer family has been the majority owners of the company since 1983 when they purchased their shares from Paul Wertheimer’s daughter-in-law.

Other Brands Owned By Chanel S.

In addition to Chanel Beauty, the parent company also owns other well-known luxury brands such as:

  • Fendi
  • Bell & Ross
  • RMTS (Reseau des Montres)
  • Eres
  • Barrie Knitwear
  • Maison Michel
  • Le Lion

The Success of Chanel Beauty

Chanel Beauty has become a popular choice for those seeking high-end beauty products. Their makeup line includes everything from foundations to lipsticks to eyeshadows.

Additionally, they offer fragrances for both men and women, with their iconic Chanel No. 5 being one of the most famous perfumes in the world.

Chanel’s Commitment to Sustainability

In recent years, Chanel has made a commitment to becoming more sustainable in their operations and production. They have implemented measures to reduce their carbon footprint and have also switched to using more eco-friendly materials in their products.

Conclusion:

In conclusion, Chanel Beauty is owned by the parent company Chanel S., which has been a major player in the luxury goods industry for over a century. With their commitment to sustainability and high-quality products, it’s no wonder that Chanel Beauty has become a go-to brand for those seeking luxury beauty items.