Chanel is one of the world’s best-known luxury labels, but the family that owns the $20 billion brand remains shrouded in mystery. Brothers Alain and Gérard Wertheimer are rarely photographed. You’re more likely to find the billionaires on a horseracing track than at a fashion event, but when they do attend Chanel shows, they hang...Read More
Simon Porte Jacquemus, the charismatic French designer known for his sun-soaked, pop minimalist aesthetic, is seeking a minority investor to support his brand’s expansion, the company confirmed Thursday. In a luxury market dominated by corporate mega-brands, the designer has decided he needs additional funding to take his business to the next level, notably by opening...Read More
