World-famous couturier Coco Chanel’s eponymous luxury house is perhaps the world’s most visible fashion brand. After Coco’s passing in 1971, Chanel’s fortunes slumped for over a decade until Fendi and Chloé director Karl Lagerfeld took the reins in 1983. In 2017, the privately-owned Chanel finally revealed its financials, announcing a stunning $10 billion USD in sales. Now under the purview of Virginie Viard, Chanel remains an unstoppable force thanks to its signature perfumes, exclusive bags and the occasional high-profile collaboration.
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