Who Owns Chanel No. 5 Now?

Have you ever wondered who owns Chanel No. 5, one of the most iconic fragrances in the world? Well, let’s find out!

The History of Chanel No. 5

Chanel No. 5 was created by French designer Coco Chanel in 1921, and it quickly became a sensation.

The perfume’s complex blend of floral and musky scents made it a favorite among women worldwide. Marilyn Monroe famously claimed that she wore nothing to bed except a few drops of Chanel No. 5.

The Original Owner of Chanel No. 5 was originally owned by its creator, Coco Chanel, and her company, Chanel SA. However, in 1954, Coco Chanel sold the rights to the fragrance to Pierre Wertheimer, a French businessman.

Who Owns Chanel No. 5 Now?

Today, the ownership of Chanel No. 5 is still split between the Wertheimer family and Chanel SA. The Wertheimer family owns Parfums Chanel, which produces and distributes all of the Chanel fragrances.

The Wertheimer Family

The Wertheimer family has been involved with the production and distribution of Chanel fragrances since their acquisition of the brand in 1954. Today, Alain Wertheimer and Gerard Wertheimer are co-owners of Parfums Chanel.

Chanel SA

Chanel SA is a privately held company that produces luxury goods such as clothing, handbags, and accessories under the brand name “Chanel.” The company was founded by Coco Chanel herself in 1910 but is now owned by Alain and Gerard Wertheimer.

Conclusion

In conclusion, while Coco Chanel may have been the original owner of her iconic fragrance, Chanel No. 5 is now jointly owned by the Wertheimer family and Chanel SA. The perfume’s enduring popularity is a testament to its timeless appeal, and it continues to be one of the most beloved fragrances in history.