(Bloomberg) -- The billionaire Wertheimer family behind Chanel may forgo a payout from the luxury brand’s most recent earnings cycle in a sign the industry downturn is hitting another of the world’s ...
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 ...