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France, United Kingdom
How Chanel became British (Part 1 of 3): Chanel takes French leave

How Chanel became British.
How Chanel became British. © Studio Pachamama
In the first quarter of 2022, following a long reorganisation of its operational and shareholding structure, Chanel definitively moved its decision-making and financial core to London. This sleight of hand, which Chanel only acknowledged in a footnote, comes at a time when the Wertheimer brothers, the group's two French shareholders, are paving the way for their succession. [...]
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