Chanel is a luxury fashion and beauty company founded in France in 1909 by Gabrielle "Coco" Chanel. It is known for its timeless elegance and style in clothing and accessories. Chanel specializes in haute couture and luxury goods like suits, dresses, handbags, and jewelry. The company strives to define style and create desire through its functional yet elegant designs. It is now jointly owned by the Wertheimer family and operates over 200 boutiques worldwide.