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.
Coco Chanel
World War II, specifically the Nazi seizure of all Jewish-owned property and business enterprises, provided Chanel with the opportunity to gain the full monetary fortune generated by "Parfums Chanel" and its most profitable product, Chanel No. 5. The directors of "Parfums Chanel", the Wertheimers, were Jewish. Chanel used her position as an "Aryan" to petition German officials to legalize her claim to sole ownership.