Tue, 21-Oct-2025

Chanel shareholders gain $5 billion in dividends as sales of luxury good rises

Chanel

According to UK records, the Wertheimer family’s Cayman Islands-based holding company for Chanel received two US$2.5 billion dividends in 2021. According to the Bloomberg Billionaires Index, the Wertheimers’ net worth has increased 37% this year to US$90 billion Alain, 73, and Gerard, 71, are said to own equal interests in the closely held corporation. Last … Read more

Chanel West Coast is expecting her first child with Dom Fenison

Chanel West Coast is expecting her first child with Dom Fenison

Chanel West Coast confirmed that she is expecting her first child with Boyfriend Dom Fenison and is pregnant. “I’m not sure if it’s a boy or a girl yet though. I’m just hoping for a healthy, happy baby “On June 2, the star of Ridiculousness told E! “I’m really really looking forward to this new … Read more

Chanel found its new global CEO

On Tuesday, Chanel picked Leena Nair. She was a former Unilever executive, as its next global CEO. Appointing her as one of the world’s largest luxury goods companies. Read more: Parag Agrawal: New CEO sheds low profile to take Twitter helm Nair spent 30 years at Unilever, as the company’s human resources head and a … Read more