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Company History

Chanel History: Founding, Growth & Key Milestones

Founded 1910 in Paris, France

When was Chanel founded?

Chanel was founded in 1910 in Paris, France by Gabrielle "Coco" Chanel, making it 116 years old.

Founded
1910
Founding place
Paris, France
Founders
Gabrielle "Coco" Chanel
Headquarters today
Paris, France
Milestones documented
12 (1910–2025)
Current CEO
Leena Nair
Acquisitions
4
YearEvent
1910Gabrielle Chanel Opens First Shop
1921Chanel No. 5 Launches
1924Parfums Chanel Formed with the Wertheimers
1954Couture Comeback and Wertheimer Buyout
1971Death of Gabrielle Chanel
1983Karl Lagerfeld Joins
1997Paraffection Created
2018First Published Financial Results
2019Virginie Viard Succeeds Karl Lagerfeld
2022Leena Nair Becomes Global CEO
2024Matthieu Blazy Named Artistic Director
2025Blazy Debut and Return to Growth
Where was Chanel founded?
Chanel was founded in Paris, France in 1910. wikidata.org
Who founded Chanel?
Chanel was founded by Gabrielle "Coco" Chanel.
When did Chanel start?
Chanel was founded in 1910.
How old is Chanel?
Chanel is 116 years old as of 2026.

Founding Story

In 1910 Gabrielle "Coco" Chanel, who learned to sew at the Aubazine convent orphanage, opened a hat shop called Chanel Modes at 21 Rue Cambon in Paris, financed by her companion Arthur "Boy" Capel. She went on to make jersey clothing that let women move freely, launched Chanel No. 5 in 1921 and the little black dress in 1926. In 1924 she partnered with Pierre and Paul Wertheimer to create Parfums Chanel, the deal that eventually gave the Wertheimer family ownership of the whole house.

Founders

Gabrielle "Coco" Chanel

Gabrielle Chanel (1883-1971) was raised in the Aubazine convent orphanage after her mother's death, where she learned to sew. She sang in cafés (where she picked up the nickname "Coco") and, backed by Étienne Balsan and later Arthur "Boy" Capel, opened Chanel Modes in Paris in 1910. She replaced corseted Belle Époque fashion with jersey dresses, the little black dress (1926), the tweed suit and the 2.55 quilted bag (1955). In 1924 she licensed her perfume business to Pierre and Paul Wertheimer, who took 70% of Parfums Chanel while she kept 10%; she spent decades contesting the deal, including an attempt during the German occupation to use anti-Jewish laws against the Wertheimers. After closing her couture house in 1939 and spending years in Switzerland, she relaunched it in 1954, and the Wertheimers bought the entire company that year. (Exact birth year remains publicly undisclosed).

Key Milestones

1910

Gabrielle Chanel Opens First Shop

Coco Chanel opened the hat shop Chanel Modes at 21 Rue Cambon, Paris.

Source: en.wikipedia.org
1921

Chanel No. 5 Launches

Chanel No. 5, created with perfumer Ernest Beaux, became one of the best-known fragrances in the world.

Source: en.wikipedia.org
1924

Parfums Chanel Formed with the Wertheimers

Pierre and Paul Wertheimer financed Parfums Chanel, beginning the family's ownership of the house.

Source: en.wikipedia.org
1954

Couture Comeback and Wertheimer Buyout

Coco Chanel reopened her couture house at age 71, and the Wertheimer family acquired the whole company.

Source: en.wikipedia.org
1971

Death of Gabrielle Chanel

Gabrielle Chanel died in Paris on January 10, 1971.

Source: en.wikipedia.org
1983

Karl Lagerfeld Joins

Karl Lagerfeld became creative director and led Chanel fashion until his death in 2019.

Source: en.wikipedia.org
1997

Paraffection Created

Chanel set up Paraffection to buy and protect specialist ateliers that supply haute couture.

Source: en.wikipedia.org
2018

First Published Financial Results

Chanel Limited published its first annual results and centralized group management in London.

Source: en.wikipedia.org
2019

Virginie Viard Succeeds Karl Lagerfeld

Karl Lagerfeld died in February 2019 and Virginie Viard succeeded him as creative director.

Source: en.wikipedia.org
2022

Leena Nair Becomes Global CEO

Former Unilever HR chief Leena Nair became Chanel's Global Chief Executive Officer in January 2022.

Source: en.wikipedia.org
2024

Matthieu Blazy Named Artistic Director

After Virginie Viard left in June 2024, Chanel named former Bottega Veneta designer Matthieu Blazy in December 2024.

Source: chanel.com
2025

Blazy Debut and Return to Growth

Blazy showed his first collection in October 2025; full-year revenue rose to $19.269B with 37,984 employees.

Source: chanel.com

Major Acquisitions

Holland & Holland

1996

Chanel's owners bought the London gunmaker and outfitter as a heritage British luxury label.

Eres

1996

Added a French luxury swimwear and lingerie label known for fabric innovation.

Paraffection ateliers (Lesage, Lemarié, Massaro, Desrues and others)

1997

Through its Paraffection subsidiary, Chanel began buying specialist couture suppliers in embroidery, featherwork, shoemaking, buttons and jewelry to preserve their skills.

Orlebar Brown

2018

Chanel took a majority stake in the London men's resort-wear brand.

Keep researching Chanel

Chanel Company History FAQ

When was Chanel founded and what was its first product?

Chanel was founded in 1910 by Gabrielle 'Coco' Chanel at 21 Rue Cambon in Paris as 'Chanel Modes', designing and selling minimalist ladies' hats that rejected the heavy feathers and birdcages of the Belle Époque.

When did Coco Chanel launch Chanel No. 5 and partner with the Wertheimer family?

Coco Chanel created the historic Chanel No. 5 perfume in 1921 with Ernest Beaux, and in 1924 partnered with French business magnates Pierre and Paul Wertheimer to incorporate Parfums Chanel, establishing the family's century-long ownership.

When did Chanel introduce the Little Black Dress and the 2.55 handbag?

Chanel introduced the major Little Black Dress in 1926 in Vogue and launched the well-known quilted leather 2.55 handbag with a shoulder chain strap in February 1955.

When did Karl Lagerfeld join Chanel as Artistic Director?

In 1983, twelve years after Coco Chanel's death, Alain Wertheimer recruited German designer Karl Lagerfeld as Artistic Director, orchestrating one of the most successful brand revivals in luxury fashion history.

When did Chanel enter fine jewelry and luxury Swiss watchmaking?

Chanel entered luxury watchmaking in 1987 with the Première watch and acquired manufacture G&F Châtelain in 1993, launching the major black and white ceramic J12 watch in 2000 and opening High Jewelry at Place Vendôme.

When did Chanel consolidate its global corporate headquarters in London?

In 2018, Chanel restructured its international entities under a single unified parent holding company, Chanel Limited, headquartered in London, and published its audited global financial accounts for the first time in its 108-year history.

When was Leena Nair appointed Global CEO and what recent leadership transitions occurred?

Leena Nair was appointed Global CEO in January 2022, and following the departure of Artistic Director Virginie Viard in June 2024, Chanel began its next creative era while opening the Le 19M artisan hub in Paris.

What is Chanel's legacy and standing in modern global culture?

Today, Chanel is an enduring $19+ billion global luxury empire, universally celebrated for defining modern feminine elegance, preserving French haute couture craftsmanship, and producing the world's most coveted fashion, beauty, and jewelry icons.

When was Chanel founded?

The House of Chanel was founded in 1910 when Gabrielle "Coco" Chanel opened a small millinery (hat) shop in Paris, bankrolled by her wealthy lover, Arthur "Boy" Capel.

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Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.