Chanel is a French company founded in 1909 that started as a clothing shop but is now known for its fashion and perfume products. It launched its first perfume, Chanel No. 5, in the 1920s which was revolutionary and helped establish its success in the perfume industry. The presentation discusses Chanel's expansion into other fashion products like clothes and accessories as well as its target markets of women, men, and young people. It also addresses challenges in delivering products to Ecuador and a proposal to use a principal distributor or franchise model to help solve those issues.