Tag: Chanel

  • Chanel vs. Dior: A Clash of Fashion Titans

    Revolutionizing fashion across the globe with innovative designs that express style and elegance, Dior and Chanel are two of the biggest luxury fashion houses in the world with a rich historical heritage. Both these Parisian brands enjoy a cult following. With that said, both brands enjoy some similarities and many dissimilarities. Here is a comparison between these two fashion giants, beginning from their origins.

    The Beginning
    A Comparison of the Fashion Titans

    The Beginning

    Chanel

    What we know as The House of Chanel now, originated in the year 1909 when Gabrielle (Coco) Chanel opened a millinery shop in Paris at the ground floor flat of textile businessman and socialite Etienne Balsan. It was a year later, in 1910, she opened her first independent millinery shop, Chanel Modes, with financial help from Boy Capel, her boyfriend at the time. Before she ventured into fashion, she worked as a singer in Paris, her stage name being Coco. She was a firm advocate of abolishing the restrictions of the then-prevalent culture imposed on women. This inspired her to style and designs that were heavily inspired by men’s clothing – cardigan suits and jersey dresses.

    By the year 1915, garments made by La Maison Chanel were on every buyer’s list in Europe. Over the next few years, Coco Chanel set fashion trends and created clothing from colors that were traditionally considered male to denote feminine strength. Chanel’s Perfume No. 5 was introduced in the year 1922. Coco Chanel successfully continued to design and sell clothes for more than two decades. However, problems between Coco Chanel and her business partners and the problems in the wake of World War II forced her to stop.

    Chanel presented Perfume No. 5 to the market in 1922
    Chanel presented Perfume No. 5 to the market in 1922

    She re-emerged on the fashion scene in the year 1954, at a time when Christian Dior’s new looks and styles were gaining popularity within fashion circles. She resurrected the House of Chanel, collaborated with jeweler Robert Goossens and also presented leather handbags by the year 1955. She brought success to the House of Chanel through her business expertise. After her passing in 1971, Alain Wertheimer assumed controlling interest in the House of Chanel in the year 1974. Through the years, Chanel has grown and expanded its footprint and its product repertoire. The current Creative Director at The House of Chanel is Virginie Viard and the Global Chief Executive Officer is Leena Nair.

    Dior

    Established in the year 1946 as The House of Dior in Paris, the current Dior Corporation celebrates the year 1947 as the opening year as the founder, Christian Dior, made a first strong impression during his first show. His spring-summer collection of 1947 was originally named ‘Corolle & Huit’ which came to be widely popularized as ‘New Look’ after Harper Bazaar’s editor-in-chief, Carmel Snow, commented – “It’s such a new look.

    Christian Dior’s “New Look” Fashions | Movietone Moment |

    The ‘New Look’ quickly became popular after the austerity of World War II bringing back femininity and colour. Within a couple of years, after he was established, Christian Dior began expanding internationally by opening a Christian Dior boutique in New York City. By the mid-1950s, the brand had grown into a well-respected fashion empire. Christion Dior launched highly successful fashion lines between 1954 and 1957. By the time Christian Dior breathed his last in the year 1957, his name had become synonymous with taste and luxury.

    Post Christian Dior’s demise, the fashion house underwent a couple of changes and hit a few obstacles and challenges before businessman Bernard Arnault assumed the chairmanship and became CEO and Managing Director in the year 1985. Under his leadership, the brand underwent drastic changes and all for the better. Since then, the brand has steadily grown and expanded and still remains one of the best luxury fashion houses around the world.


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    A Comparison of the Fashion Titans

    Even though both these fashion houses have the same heritage expression, their paths to success have vastly differed. Chanel focused on simple, logical, and comfortable designs drawing inspiration from men’s clothing details to make females feel empowered. Dior’s designs are a complete opposite highlighting femininity and using materials and patterns such as tulle and flowers. However, designs aside, there are a few parameters on which these fashion giants can be compared.

    Maintaining Exclusivity

    Chanel maintains its reputation for exclusivity zealously. The brand has also begun to place limits on the number of Chanel products a customer can purchase per year to fan the desire to own its products. The classic example of this is that a consumer can only purchase one classic Chanel bag per year. This also has the dual purpose of limiting the resale market for Chanel products. Dior, on the other hand, is easier to purchase as there are no such limits placed on its products. In this day of technology and booming e-commerce, Chanel takes its exclusivity clause a notch higher by not selling online. Dior products, however, are easily available through online channels.

    Product Cost

    Similarly at one time, Chanel increased its product prices adding another layer to its image as a luxury and exclusive brand. Dior’s price rise has been very less comparatively.

    Resale Value

    The resale value of any brand is directly proportional to its image of exclusivity. Hence, it is no wonder that Chanel’s resale value is much higher than Dior’s due to its very limited product availability.

    Aesthetics

    Both brands are well-loved by a very loyal following and their designs are timeless. However, Chanel’s designs are focused on simplicity and functionality whereas Dior’s designs flaunt femininity and elegance.

    Product Quality

    Dior’s products are mostly made in Italy and Spain while Chanel’s are manufactured in Italy and France. However, both brands are highly conscious of their product quality and use the finest available leather as well as skillful artisans for their craftsmanship.

    Social Media Presence and Influence

    Both these brands are well-represented on social media and are followed by millions. Due to its exclusivity and product availability limit, Chanel enjoys more followers than Dior.

    Conclusion

    Chanel and Dior are two luxury fashion brands that have global appeal. They are business rivals for sure, but each has a different focus. The haunting question is which one is better. That is a difficult choice as each has its own uniqueness of product and idea. Both brands sell similar items but preference depends on individual customer’s ideology of dressing, product pricing, and to a certain extent, product availability. However, what is clear is that both these brands have significantly impacted the global fashion scenario and continue to do so.

    FAQs

    Who are the present Creative Director and CEO of Chanel?

    The current Creative Director at The House of Chanel is Virginie Viard and the Global Chief Executive Officer is Leena Nair.

    When was Dior established?

    Dior was established in the year 1946.

    When did Chanel present Perfume No. 5?

    Chanel presented Perfume No. 5 to the market in 1922

  • Chanel – Growth Journey of The Centenarian Luxury Fashion Brand

    Company Profile is an initiative by Startup Talky to publish verified information on different startups and organizations. The content in this post has been approved by Chanel.

    The growing appetite for the fashion industry has never settled since the late 1800s. Reports claim that it was the time when the seeds for fashion shows and other fashion events were sowed. Despite all the hardships that unfolded during the early and mid-1900s, the fashion industry continued its uphill path. The industry today is valued at $3 trillion and accounts for 2% of global GDP.

    Chanel is one such luxury fashion company that was established over 100 years ago. Started as a small millinery shop by a fashion designer in 1909, Chanel today has expanded its operation worldwide and has over 20,000 employees. This article covers the success story of Chanel, its founders, competitors and every aspect of this establishment.

    Chanel – Company Highlights

    Company Name Chanel
    Headquarters London, United Kingdom
    Industry Fashion
    Founder Coco Chanel
    Founded 1910
    CEO Leena Nair (Global)
    Website chanel.com

    Chanel – About
    Chanel – Founders and Team
    Chanel – Startup Story
    Chanel – Mission and Vision
    Chanel – Name and Logo
    Chanel – Challenges Faced
    Chanel – Acquisitions & Investments
    Chanel – Growth
    Chanel – Competitors
    Chanel – Future Plans

    Chanel Success Story

    Chanel – About

    Chanel is a luxury fashion brand that was founded by Coco Chanel in 1910. The company was based in France, whereinafter 110 years, the board has decided to shift their global headquarters to London. Chanel deals with luxury clothes, jewelry, perfumes and other fashion goods. This luxury brand mostly focuses on women’s outfits and accessories.

    Chanel serves as a trend-setter in the fashion industry. Coco Chanel, as a fashion designer and a businesswoman, made sure that the elegance of her brand never fades despite world wars and geographical and environmental barriers. Besides the outfits, Chanel is known for its wine, watches, perfumes and skincare products too. The company today operates over 310 boutiques worldwide that are located in opulent communities like airports, extravagant stores, high streets, etc.

    Chanel – Founders and Team

    Founder of Chanel – Gabrielle “Coco” Chanel

    Chanel remains a privately held company owned by the grandsons of Pierre Wertheimer, who was a business partner with Coco Chanel. Here are the founder and other key people associated with Chanel:

    Gabrielle Chanel (Coco Chanel)

    Gabrielle Chanel was the founder of the luxury brand ‘Chanel’. ‘Coco’ was a nickname given to her during her time as a songstress. She was orphaned at a young age. Facing the world on her own since childhood gave her confidence and strength. Coco Chanel’s qualifications as a fashion designer and daring nature aspired her as a successful businesswoman.

    Pierre Wertheimer

    In 1924, Pierre Wertheimer joined hands with Coco Chanel as a business partner for 70% shares in the company. The agreement was that Wertheimer should finance the production and distribution of Chanel’s perfumes. Another person named Theophile Bader was given 20% shares for marketing the same in his departmental stores. Later, Coco Chanel had some disagreements with them and happened to file a lawsuit against Wertheimer. She lost complete control of the company to Wertheimers in 1954.

    Alain Wertheimer and Gerard Wertheimer

    Alain and Gerard are currently the co-owners of Chanel. Alain serves as the chairman of Chanel and Gerard heads the division of Watch. They are the grandsons of Pierre Wertheimer.

    Leena Nair

    Leena Nair is the Global CEO of the brand Chanel. She was appointed to this new role in January 2022. Leena Nair has earlier been a part of Unilever as its Chief Human Resource Officer. She is an Indian and was born and brought up in Kolhapur, Maharashtra.


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    Chanel – Startup Story

    The story of Chanel began in 1910 when its founder Coco Chanel opened a hat store named ‘Chanel Modes’ in a flat in Paris. Etienne Balsan, who was a friend of Coco, helped her with his bachelor’s apartment. Arthur “Boy” Capel, the lover of Coco Chanel, funded her early business. He helped Coco to set up her own stores in Paris. This also helped her to expand the business from only hats to sportswear and other outfits for women. As the business started to grow Coco Chanel kept increasing the outlets and widened her focus on other products like perfumes and jewelry. Her love affairs and loyal friendships helped her succeed in her early stages of Chanel.

    Chanel – Mission and Vision

    Chanel has a mission “To be the Ultimate House of Luxury, defining style and creating desire, now and forever”. The company stood to its mission right from its inception. It created new styles and never compromised with its grandeur and opulence.

    The vision of Chanel is to give worldly experience to the customers through its products that remain timeless. The wearer should enjoy a quality product with utmost comfort is the primary vision of the company.

    Chanel logo
    Chanel logo

    The name of the elegant brand ‘Chanel’ is derived from the founder’s name Coco Chanel. The logo of the company consists of two ‘C’s interlocking each other. This logo was designed by Coco Chanel herself in 1925. There are a couple of reasons being circulated for those two Cs. One reason unfolds is that the Cs stand for the name of its creator Coco Chanel. Another claims that one C represents Coco Chanel and the other stands for Capel (Arthur “Boy” Capel).

    Chanel – Challenges Faced

    As a century-old company, Chanel has faced numerous challenges throughout its journey. Within just four years of seeding the company and one year since it started sprouting, the First World War started. WW1 caused a huge difference in fashion, demand for clothes and scarcity of fabrics and employees. Even the manufacturing units were struck in warzones. This was the major setback faced initially by the company.

    The next challenge arose during the Second World War. Chanel happened to close the doors of its outlets in 1939 following the war outbreak. The doors of Chanel remained closed for years. When she came back into the business in 1954, Coco Chanel and the company had lost their reputation due to her rumoured involvement in the war with Nazis. Also, it was challenging to cope with new generation designers which she eventually did in her 70s.

    The death of Karl Lagerfeld, who was the creative director at Chanel since 1983, created a huge gap in the company’s creative department. His contribution to Chanel was priceless.

    The Covid outbreak stumbled Chanel’s business to a great extent in 2020. The CFO of the company said that the Covid impact on the luxury fashion sector could last up to 2 years and the recovery might take some time.

    Chanel – Acquisitions & Investments

    Chanel has made several investments and acquisitions over the years. Here is the list of those companies that Chanel has invested in:

    Company Name Date of Acquisition/Investment Investment Round Amount
    Arcaea Oct 27, 2021 Series A $78 Million
    P2 Science Jan 29, 202 Series C $12 Million
    Sulapac Dec 11, 2019 Venture Round €15 Million
    Evolved By Nature Jun 12, 2019 Corporate Round
    Sulapac Dec 7, 2018 Funding Round
    Samanta Jul 11, 2019 Acquisition
    Orlebar Brown Sep 30, 2018 Acquisition
    Colomer Leather Group Aug 31, 2018 Acquisition

    Other than the above companies Chanel has acquired a 40% stake in Renato Corti and Mabi. Mabi is a high-end handbag manufacturer and Renato Corti is involved in the leather business. A 34% stake was procured in the lingerie and swimwear manufacturer Grandis. The overall investment had cost $169 Million for Chanel. The company also took over the majority stake in the Italian knitwear company Paima for an undisclosed amount.

    Chanel – Growth

    The growth of Chanel has been consistent and extraordinary. Despite all the hardships, like World Wars, the loss of its founder, the death of the creative director and many more, Chanel kept marching forward by enhancing its existing division and introducing new ones.

    Starting an outlet in an apartment with the help of a friend in 1910, Coco Chanel opened an independent store in 1913. The hat business was extended to sportswear. The number of stores increased along with their product varieties. In 1920, Chanel started the stylish haute couture style of dressmaking. The year 1924 saw the introduction of Chanel’s costume jewelry and signature cardigan jackets followed by the popular Little Black Dress in 1926.

    After a setback during WW2, Chanel came back strong with the introduction of gemstone jewelry and iconic handbags in 1954 and 1955 respectively. After Coco Chanel died in 1971, the company lacked a potential creator and designer. But in 1983, with the addition of Karl Lagerfeld, the Godfather of Fashion, Chanel’s innovation and growth were on an uphill phase. By 1990, Chanel became a popular global luxury fashion brand and still continues to be.


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    Chanel – Competitors

    The following are some of the competitors of Chanel:

    Gucci

    Gucci is an Italian luxury fashion brand founded by Guccio Gucci in 1921. It is one of the top competitors of Chanel. Gucci’s products and services have excellent quality and finish that has a great reception among customers. Though Gucci is 11 years younger than Chanel, they both almost stand beside each other in the competition.

    Louis Vuitton

    Louis Vuitton, popularly known as LVMH, is another French luxury brand similar to Chanel. It was established in 1854 and is one of the leading fashion brands in the world. Louis Vuitton manufactures products for both men and women. The company has set benchmarks for the design and quality in the industry.

    Prada

    Prada was established in 1913 and is known for its leather products and travel and fashion accessories. The company markets its products through its 618 outlets spread across the world and also online. Prada is known for its quality, color and fabrics.

    L’Oreal

    L’Oreal is just a year older than Chanel and was incorporated in France. It is one of the largest cosmetics companies in the world. L’Oreal competes with Chanel through its perfumes and skincare products.

    Chanel – Future Plans

    Chanel is working towards giving its share of contribution against climate change. The chairman of the company. Alain Wertheimer said that the company is shifting plans to go green and use 100% renewable resources in their production by 2025. They have a strategy planned for this and named it Mission 1.5°.

    Chanel has launched a program named ‘Chanel Culture Fund’ to encourage and support creators and artists across the world. This fund is supposed to help organizations and partnerships to conduct programs that promote culture and society. Chanel believes that this program will help them develop international partnerships, which in turn benefits their business.

    FAQs

    Who is the founder of Chanel?

    Gabrielle “Coco” Chanel is the founder of Chanel.

    What business is Chanel involved in?

    Chanel is a luxury fashion company that produces and sells ready-to-wear women’s clothes, perfumes, watches and skincare products.

    Who is the CEO of Chanel?

    Leena Nair has been appointed as the global CEO of Chanel in January 2022.

    Who are the competitors of Chanel?

    Some of the top competitors of Chanel are:

    • Gucci
    • L’Oreal
    • Louis Vuitton
    • Prada
  • List of Brands Endorsed by Emma Watson

    Emma Charlotte Duerre Watson is one of the leading female faces of the world now. At 31, she has done a lot more than someone could achieve in a lifetime. She’s an actress and activist. She has done incredible movies and worked for women’s rights. She began her career with the role of Hermione Granger in the ever-famous Harry Potter series. She has done a vivid range and whole different shades of characters.

    In 2013 after playing the character of the adoptive daughter in the biblical epic “Noah”, she won a British Academy Film and television awards. In 2017 her movie, “Beauty and the Beast” was one of the highest-grossing movies of all time.

    Some of her commendable works are “Perks of Being a Wallflower”, “The bling ring”, “Little women” and many more. In 2014, she was appointed as a UN Women Goodwill ambassador. She advocated gender equality through her campaign HeforShe. She’s known a lot for her endorsements with sustainable brands promoting clean goodness. Enlisted below are the most famous and known endorsements of Emma Watson.

    List of Brands Endorsed by Emma Watson
    Brands Promoted by Emma Watson During Beauty and the Beast Press Tour

    List of Brands Endorsed by Emma Watson

    Burberry

    Emma Watson Burberry Endorsement
    Emma Watson Burberry Endorsement

    In 2009, 19-year-old Hermione playing Emma Watson was roped in for an endorsement with Burberry. She was seen in the advertisements of this posh chic British brand featuring a few of its iconic items. She was seen wearing the label’s famous beige trenches, tartan patterned bags and purses. The posh and glamour of the Brand was indeed repolished by her approval.

    Chanel

    When she was 18 years old Emma Watson, to the surprise of masses of heavily weighed artisans roped in for an endorsement with Chanel. The year was 2008 and she was a teenager of 18. She advertised the variant Coco Mademoiselle. Due to this, she got two full years of free supply of the same.

    Lancome

    In 2011, Emma Watson appeared in an advertisement for Lancome perfume. The name of the perfume was TRÉSOR MIDNIGHT ROSE. However, in 2013 she promoted one of their skin lightening and brightening product.

    Being a feminist she was not expected to parameterize beauty standards as of colour. There was a great deal of rage against her for this ad. However, she has volunteered to comment that after realising what the commercial aimed towards she immediately came out of it.

    Calvin Klein

    Emma Watson Calvin Klein Endorsement
    Emma Watson Calvin Klein Endorsement

    Emma Watson is very known for her sustainable fashion. On the 2016 Met Gala red carpet, she wore something too plain to be worn there. Just pants and a train has been worn differently. However, little did we know that the trick was the material used to design this garment.

    It was made by Calvin Klein and Eco age by recycling plastic soda bottles. Emma was elated by this endorsement since she could incorporate quite an amount of waste into her wearable. She was also glad by how creativity, technology and fashion could go hand in hand.

    Catbird

    New York-based jewellery brand Catbird was promoted by Emma Watson in the same year of Met Gala where she demonstrated sustainable fashion from Calvin Klein. In the 2014 Met Gala, she was seen wearing a set of earpieces by catbird. She was probably so much in love with it that she was seen to wear it during her “Beauty and the Beast” promotion events.

    Christian Dior

    Emma Watson Dior
    Emma Watson Dior

    Emma Watson has been spotted wearing Christian Dior in two of her iconic award shows in 2016 and 2017. They strongly demonstrated feminist properties. Not much is known about this endorsement.


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    Sustainable Brands Promoted by Emma Watson During Beauty and the Beast “The Press Tour”

    Now let’s talk about the brands that Emma Watson wore advertising sustainable fashion. These were the few brands she wore while promoting her movie “Beauty and the Beast” through the campaign “The Press Tour“.

    Coltrane Works

    Emma Watson promoting Coltrane Works
    Emma Watson promoting Coltrane Works

    Founded by Amihan Zemp, this brand’s speciality was organic fibres and yarns from local swiss suppliers only. Items of this brand are designed and made in Switzerland traditionally.

    Svilu

    Emma Watson promoting Svilu
    Emma Watson promoting Svilu

    Svilu is a sustainable clothing brand. This company is Manhattan-based. This women’s wear company makes their garments from sustainable resources.

    AnaKhouri

    Emma Watson promoting Ana Khouri
    Emma Watson promoting Ana Khouri

    This is a brand from Jewellery designer Ana Khouri. She is known for using fair trade gold from local suppliers and small scale mines. The gems which she uses are blood-free. She also handcrafts a few of her pieces in São Paulo Brazil her hometown.

    Gabriela Hearst

    Emma Watson promoting Gabriela Hearst
    Emma Watson promoting Gabriela Hearst 

    Uruguayan designer Gabriela, is known for her traditionally made garments. According to her slow-paced traditional production is the best way to create fashion.


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    Conclusion

    These were the list of brands endorsed by Emma Watson. Emma Watson is one the highest-paid actress and as per a report she makes about $5 to $10 million per year just from brand endorsements. Emma Watson is particular about the brands she chooses to endorse, she believes in sustainable fashion and primarily promotes eco-friendly fashion brands.

    FAQ

    What is the net worth of Emma Watson?

    The net worth of Emma Watson is $85 million as of 2022.

    How old is Emma Watson?

    Emma Watson was born on 15 April 1990 and is 31 years old.

    What is the qualification of Emma Watson?

    Emma Watson graduated from Brown University with a bachelor’s degree in English literature.