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United Kingdom, United States
Chanel's main shareholder Alain Wertheimer and his made-to-measure US visa

Frenchman Alain Wertheimer - who lives in the US but chairs UK-registered Chanel Ltd's board and is the group's largest shareholder - juggles his trans-Atlantic lifestyle with help from US immigration services, which have granted him a notoriously difficult to obtain visa. [...]

Published on 20.10.2022 at 05:30 GMT Reading time 2 minutes

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Alain Wertheimer
Chanel
Chanel Ltd
Maureen Chiquet
Philippe Blondiaux

United Kingdom
Chanel loses a director

The forthcoming departure of one of Chanel's directors will change the equilibrium on the luxury group's board.

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Wertheimers banking on new direction for family office portfolio with Rothschild & Co

The just-announced investment in Rothschild & Co by the Chanel shareholders' family office adds to the portfolio of holdings quietly amassed by the Wertheimer clan.

Subscribers only Families 16.02.2023

Canada, France, United States
From Delaware to Canada, the changing home of Wertheimer's stable

One of the leading horse racing stables on the French circuit, Wertheimer et frère, run by Chanel shareholders, is in fact a Canadian company.

Subscribers only Families 01.12.2022

France
Chanel brings fizz and sparkle to the film industry

The Chanel group has in the space of a few years become the main sponsor of dinners, cocktails and festivals that bring together key players in the film world.

Subscribers only Houses 01.12.2022

France
Money laundering probe suggests Corsica's 'Petit Bar' gang prefers Chanel

Members of Corsica's so-called Petit Bar gang subject to a two-year "money laundering" investigation were not content to limit their purchases to top-name watches, as Glitz.paris revealed in October. The clan also splashed out on luxury accessories, primarily from Chanel boutiques and always in cash.

Subscribers only Entourage 10.11.2022

Spotlight | Italy, United Kingdom
Luxury travel firm Abercrombie & Kent hangs in the balance amid family row

The brothers Lefebvre d'Ovidio, heirs to the Italian corporate dynasty that founded the Silversea luxury cruise company, are battling it out in the US and Italy for control of the family's estate. The dispute comes in the wake of one brother acquiring Abercrombie & Kent, the British bespoke travel and safari specialist.

Subscribers only Entourage 03.11.2022

Manfredi Lefebvre d'Ovidio, principal shareholder of the bespoke travel agency Abercrombie & Kent.

France
Quiet storm brews at Haute Couture Federation in Paris over Chanel's London move

The appointment of Chanel executive Bruno Pavlovsky as head of the French Haute Couture Federation, a few months after the group became British, is causing muted malaise within its governing bodies.

Subscribers only Entourage 20.10.2022

Switzerland
Former Rolex chairman focuses on his role as Chanel director

Chanel Ltd, the new British parent company of the brand founded by Coco Chanel, has two quiet but formidable figures from the Swiss luxury world on its board.

Subscribers only Houses 13.10.2022

France, United Kingdom
How Chanel became British (Part 3 of 3): Chanel, British luxury's star player?

While it was relocating to London, Chanel staffed its board with leading UK figures. The group's political activism across the Channel contrasts with the ambiguity that the group is trying to maintain around its nationality.

Free Houses 15.09.2022

France, United Kingdom
How Chanel became British (Part 1 of 3): Chanel takes French leave

In the first quarter of 2022, following a long reorganisation of its operational and shareholding structure, Chanel definitively moved its decision-making and financial core to London. This sleight of hand, which Chanel only acknowledged in a footnote, comes at a time when the Wertheimer brothers, the group's two French shareholders, are paving the way for their succession.

Free Houses 08.09.2022

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Alain Wertheimer
Chanel
Chanel Ltd
Maureen Chiquet
Philippe Blondiaux

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