Jamie Matusow, Editor10.01.14
Update: Chanel ranks at #16 on our latest report Top 20 Global Beauty Companies 2021.
France
www.chanel.com
Beauty Sales: $2.3 billion (est.)
Key Personnel: Alain Wertheimer, co-owner and chairman; Gerard Wertheimer, co-owner; Maureen Chiquet, chief executive officer.
Major Products: Fragrances, skincare and cosmetics including Chanel No. 5, Allure, Allure Homme, Coco, Coco Mademoiselle, Chance, No.19, Cristalle, Pour Monsieur, Antaeus, Egoïste, Les Exclusifs, Bleu de Chanel, Sublimage, Ultra Correction Lift and Line Repair, White Essentiel, Le Blanc, Rouge Allure, Rouge Coco, Le Vernis, Inimitable, Les 4 Ombres, Vitalumière.
New Products: Le Volume de Chanel Mascara, Sublimage Ultimate Revitalizing and Light-Activating Concentrate, Le Lift Firming Anti-Wrinkle Serum and Eye Cream.
Comments: In 2013, German actress Diane Kruger came onboard as the face of Chanel’s beauty campaign, joining the luxury brand’s other striking ambassador, Brazilian fashion model Gisele Bundchen.
Chanel opened a number of beauty boutiques during the year, including its first in China. Another, boutique dedicated entirely to beauty products and fragrance, opened in the center of Paris on Rue St Honoré, which will offer makeup collections, exclusive colors and advance previews as well as a specialized fragrance service.
Christine Dagousset, former executive vice president of fragrance and beauté at Chanel in the U.S. division since 2005, was named global deputy general manager of Fragrance and Beauty, replacing Andrea d’Avack, who had served as global fragrance and beauté president since 1998. D’Avack will move from Paris to New York in 2015 to “take on a key new role in defining and developing the Chanel strategy for social responsibility and sustainable development,” said Maureen Chiquet, Chanel’s CEO, to whom d’Avack will continue to report.
Julien Gommichon succeeded Dagousset as executive vice president of the U.S. activity.
During the year, the fashion house’s Karl Lagerfeld, announced a new cosmetics venture featuring his Siamese cat Choupette, who is the inspiration behind a new makeup line the designer created for Shu Uemura. (Lagerfeld is known for using Shu Uemura makeup for his fashion sketches.)
Just last month, Chanel launched an e-commerce site dedicated to beauty in France, on chanel.com, where customers can review products, and purchase items from the entire Chanel range, which was previously reserved for a limited number of countries.
Each order comes with two samples and the service includes a free 40-day return policy and free shipping for products over 100 euro.
Chanel also launched an e-commerce site in the U.S., where there are exclusive offers on limited edition products.
At press time, Coty Inc. announced that it had made a binding offer to buy Chanel’s Bourjois cosmetics brand in exchange for 15 million Coty shares, or about $239 million.
France
www.chanel.com
Beauty Sales: $2.3 billion (est.)
Key Personnel: Alain Wertheimer, co-owner and chairman; Gerard Wertheimer, co-owner; Maureen Chiquet, chief executive officer.
Major Products: Fragrances, skincare and cosmetics including Chanel No. 5, Allure, Allure Homme, Coco, Coco Mademoiselle, Chance, No.19, Cristalle, Pour Monsieur, Antaeus, Egoïste, Les Exclusifs, Bleu de Chanel, Sublimage, Ultra Correction Lift and Line Repair, White Essentiel, Le Blanc, Rouge Allure, Rouge Coco, Le Vernis, Inimitable, Les 4 Ombres, Vitalumière.
New Products: Le Volume de Chanel Mascara, Sublimage Ultimate Revitalizing and Light-Activating Concentrate, Le Lift Firming Anti-Wrinkle Serum and Eye Cream.
Comments: In 2013, German actress Diane Kruger came onboard as the face of Chanel’s beauty campaign, joining the luxury brand’s other striking ambassador, Brazilian fashion model Gisele Bundchen.
Chanel opened a number of beauty boutiques during the year, including its first in China. Another, boutique dedicated entirely to beauty products and fragrance, opened in the center of Paris on Rue St Honoré, which will offer makeup collections, exclusive colors and advance previews as well as a specialized fragrance service.
Christine Dagousset, former executive vice president of fragrance and beauté at Chanel in the U.S. division since 2005, was named global deputy general manager of Fragrance and Beauty, replacing Andrea d’Avack, who had served as global fragrance and beauté president since 1998. D’Avack will move from Paris to New York in 2015 to “take on a key new role in defining and developing the Chanel strategy for social responsibility and sustainable development,” said Maureen Chiquet, Chanel’s CEO, to whom d’Avack will continue to report.
Julien Gommichon succeeded Dagousset as executive vice president of the U.S. activity.
During the year, the fashion house’s Karl Lagerfeld, announced a new cosmetics venture featuring his Siamese cat Choupette, who is the inspiration behind a new makeup line the designer created for Shu Uemura. (Lagerfeld is known for using Shu Uemura makeup for his fashion sketches.)
Just last month, Chanel launched an e-commerce site dedicated to beauty in France, on chanel.com, where customers can review products, and purchase items from the entire Chanel range, which was previously reserved for a limited number of countries.
Each order comes with two samples and the service includes a free 40-day return policy and free shipping for products over 100 euro.
Chanel also launched an e-commerce site in the U.S., where there are exclusive offers on limited edition products.
At press time, Coty Inc. announced that it had made a binding offer to buy Chanel’s Bourjois cosmetics brand in exchange for 15 million Coty shares, or about $239 million.