(Bloomberg) -- The billionaire Wertheimer family behind Chanel may forgo a payout from the luxury brand’s most recent earnings cycle in a sign the industry downturn is hitting another of the world’s ...
If JC Penney (JCP) needs an extra billion dollars, as they disclosed today, they could always ask notoriously elusive Chanel owners Alain and Gerard Werthheimer. According to Chanel’s annual report ...
Chanel is one of the world’s best-known luxury labels, but the family that owns the $20 billion brand remains shrouded in mystery. Brothers Alain and Gérard Wertheimer are rarely photographed. You’re ...
The Row, founded by the Olsen sisters, has recently sought additional investments. The family that owns French luxury house Chanel and the billionaire heiress of L’Oréal have both purchased a stake in ...
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