Chanel was founded in 1909 by Coco Chanel and is known for revolutionizing fashion by replacing corseted silhouettes with more functional yet flattering designs. Chanel is recognized as one of the most successful fashion brands, known for the little black dress, No. 5 perfume, and Chanel suits. No. 5 was created in 1924 and was groundbreaking for combining floral and musky scents, appealing to modern women. Iconic celebrities like Nicole Kidman have represented Chanel and its perfume in simple yet elegant advertising campaigns.