Chanel ready-to-wear collection
Chanel is a privately held French company founded in 1909 by Gabrielle Bonheur Chanel, a former milliner. The Chanel ready-to-wear collection is showcased biannually for spring-summer and autumn-winter seasons during Paris Fashion Week to an audience of media, retailers, buyers, investors, and customers, under the auspices of the Chambre Syndicale du Prêt-à-Porter des Couturiers et des Créateurs de Mode, which is one of three trade associations affiliated with the Fédération française de la couture, du prêt-à-porter des couturiers et des créateurs de mode. The House of Chanel is known for liberating women from the corset in the early 20th century and designing fluid, jersey pieces, most notably the little black dress. Chanel died in 1971, Karl Lagerfeld has been the Creative Director since 1983.
Chanel
Nonetheless, despite the success of the Chanel couture and "parfumerie", the personal relations between Coco and her capitalist partner deteriorated, because, Coco said that Pierre Wertheimer was exploiting her talents as a fashion designer and as a businesswoman. Wertheimer reminded Chanel that he had made her a very rich woman; and that his venture capital had funded Chanel's productive expansion of the "parfumerie" which created the wealth they enjoyed, all from the success of No. 5 de Chanel.