Chanel S.A. · Neuilly-sur-Seine France
Company Description
Phone: +33-1-46-43-40-00
Fax: +33-1-47-47-60-34
Toll Free: 800-550-0005
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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. Coco died in 1971, and Chanel's style stagnated for years until Karl Lagerfeld took over the designs and revived the label by tapping a younger market. The company boasts about 100 boutiques worldwide. Controlled by chairman Alain Wertheimer's family, Chanel also owns Eres and Paraffection. To read the full description, subscribe now.
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Key Chanel S.A. Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $1,433.3 |
| Employees | 1,264 |
Chanel S.A. Executives
22 executives listed for Chanel S.A.'s Neuilly-sur-Seine, location.
| Title | Name & Bio | Contact |
| Chairman | Alain Wertheimer | Network |
| Arie Kopelman | Network | |
| Global CEO | Maureen Chiquet | Network |
Competition
Competitive Landscape for Chanel S.A.
Personal income and fashion trends drive demand for clothing. The profitability of individual companies depends heavily on effective merchandising and marketing. Large companies can offer wide selections of clothing and have advantages in purchasing, distribution, and marketing. Small stores can compete by offering unique merchandise, targeting a specific demographic, providing superior customer service, or serving a local market. The industry is labor-intensive: annual revenue per worker is about $130,000. Competition for the clothing store industry includes department stores, discount stores, and Internet and catalog retailers. To read the full description, subscribe now.Top Chanel S.A. Competitors
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