Alain and Gérard Wertheimer inherited the company from their grandfather, one of the original business partners of creator ...

The billionaire family behind Chanel is on track to pocket at least $21 billion from payouts over the past decade, a huge ...

The huge dividends have helped propel media-shy, septuagenarian brothers Alain and Gerard Wertheimer into the ranks of the ...

Global Chief Executive Officer of Chanel, Maureen Chiquet, has quietly and surprisingly, left the company. The Global CEO since 2007, Chiquet has been replaced by Chanel Chairman and Co-Owner, Alain ...