Coco Chanel is one of the most powerful entrepreneurs of the 20th century. Coco Chanel’s real name was Gabrielle Bonheur Chanel. She was born on August 19, 1883 and was the second child born out of five born. When Gabrielle was twelve years old her mother died, soon after her father sent her to an orphanage. While she stayed at the orphanage she learned how to sow. She stayed till she was eighteen.
Colleges? No, Coco Chanel did not attend college. She didn’t have money to go college and she wasn’t really worried about it either.
Prior work Experiences and Positions held? She found a job as a shopkeeper specializing in the lines and wares. Later she became a singer and dancer in a music hall, where she got the name Coco.
Where does Coco Chanel work now? Gabrielle "Coco" Chanel died on January 10, 1971 at the age of 87. She died in the hotel she owned named Glitzy Ritz Hotel.She died by a heart attack in her hotel room.
Coco Chanel! Coco Chanel opened up her first milliner shop in Paris in 1910, selling hats. She later added stores in Deauville and Biarritz and began making clothes. Her first taste of clothing success came from a dress she made an old jersey on a chilly day. In response to the many people who asked about where she got the dress, she offered to make one for them. In the 1920s, Chanel took her thriving business to new heights. She launched her first perfume, Chanel No. 5, which was the first to feature a designer’s name.
Key Dates: 1922: Pierre Wertheimer agrees to back new perfume developed by Coco Chanel, and founds Parfums Chanel. 1929: Company launches new fragrance, Soir de Paris. 1954: Coco Chanel makes Parisian comeback after fleeing to Switzerland following World War II. 1974: Alain Wertheimer takes control of company. 1983: Karl Lagerfeld is hired as Chanel designer. 1996: Chanel acquires gun maker Holland & Holland. 1997: Chanel acquires high-end swimwear designer Eres. 2001: Chanel acquires stake in luxury watchmaker Bell & Ross. 2002: Chanel acquires milliner A. Michel et Cie. and embroidery house Lesage.
The Company Today? Since Coco Chanel died in 1971 the company was passed to Karl Lagerfeld. In 1983, Karl Lagerfeld took over as chief designer for Chanel. He changed Chanel's fashion lines from the old lines to shorter cuts and eye capturing designs. During the 1980s, more than 40 Chanel boutiques were opened up worldwide. By the end of the 1980s, these boutiques sold goods ranging from $200-per-ounce perfume, $225 ballerina slippers to $11,000 dresses and $2,000 leather handbags. Rights to Chanel cosmetics and fragrances were held by Chanel only and not shared with other beauty producers and distributors.