Mr. Alain Wertheimer is a Co-owner of Chanel S.A. Mr. Wertheimer serves as Chairman of Chanel, Inc. He presided over the acquisition of several non-Chanel brands including Eres Lingerie, Tanner Krolle saddles and leather goods and Holland & Holland, a British gunsmith. He is a French businessman based in Switzerland. .
Chanel S.A. (/ʃəˈnɛl/, French pronunciation: [ʃanɛl]) is a French privately held company owned by Alain Wertheimer and Gérard Wertheimer, grandsons of Pierre Wertheimer, who was an early business partner of the couturière Coco Chanel. Chanel S.A. is a high fashion house that specializes in haute couture and ready-to-wear clothes, luxury goods, and fashion accessories. In her youth, Gabrielle Chanel gained the nickname Coco from her time as a chanteuse. As a fashion designer, Coco Chanel catered to women's taste for elegance in dress, with blouses and suits, trousers and dresses, and jewellery (gemstone and bijouterie) of simple design, that replaced the opulent, over-designed, and constrictive clothes and accessories of 19th-century fashion. The Chanel product brands have been personified by fashion models and actresses, including Inès de La Fressange, Catherine Deneuve, Carole Bouquet, Vanessa Paradis, Nicole Kidman, Anna Mouglalis, Audrey Tautou, Keira Knightley, Kristen Stewart and Marilyn Monroe.
The House of Chanel is known for the "little black dress", the perfume No. 5 de Chanel, and the Chanel Suit. Chanel's use of jerseyfabric produced garments that were comfortable and affordable. Chanel revolutionized fashion — high fashion (haute couture) and everyday fashion (prêt-à-porter) — by replacing structured-silhouettes, based upon the corset and the bodice, with garments that were functional and at the same time flattering to the woman's figure.