Who Is Coco Chanel? 12 Facts About the Iconic Designer

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Coco Chanel never married, but she did have suitors, and they played a significant role in her success. She was first linked to French textile heir and racehorse owner Etienne Balsan, who helped Chanel become a milliner (someone who sells hats) as her first real solo endeavor. However, it was Arthur ‘Boy’ Capel, a wealthy polo player, who helped Chanel set up shop on Rue Cambon, and eventually a boutique in Deauville. Capel is believed to be Chanel’s one true love, not to mention quite the significant muse.

In addition to the Classic double flap Chanel bags, the Chanel Boy Bag, introduced in 2011, has become popular among devotees. Named for Boy Capel, financier, professional polo player, and Coco Chanel’s first love, the Chanel Boy Bag features classic Chanel bag design details in a boxy silhouette style. The Chanel 19, named for the year it was introduced — 2019 — has a softer structure and a trio of hardware finishes. And, the new Chanel 22, also named for its year of introduction, is a luxurious branded tote that comes in an array of sizes and colors. Coco Chanel and the company that bears her name have shaped the course of fashion for over 90 years. When the 2.55 Chanel bag was released, it was the first socially acceptable shoulder-worn bag for fashionable women of class and distinction.

However, a significant disadvantage of online shopping is the increased risk of counterfeit products, which underscores the importance of buying from trustworthy retailers. Those preferring online shopping, should remain vigilant about counterfeit products and familiarize themselves with the return policy and shipping fees of the online retailer. So, if you’re considering investing in a Chanel bag, be sure to research thoroughly and choose a bag that not only appeals to your personal style but also has the potential to appreciate in value over time. As a result, investors can potentially see a high return on their investment, especially if they choose to resell classic or limited-edition pieces that have appreciated in value.

The over-the-shoulder Chanel purse hung from a metal chain and had a simple twist fastener that has come to be known as the Mademoiselle Lock. Today, classic Chanel handbags bear the iconic, interlocking CC emblem for the closure, and the chain that matches the bag’s hardware is interlaced with leather that matches the bag. Coco Chanel began working as a seamstress in her teens, and she opened a small millinery shop in Paris about a decade later, in 1910. Her practical, elegant designs attracted influential women, and Chanel was soon heading a thriving couture house. The classic flap bag is a design that was first introduced in 1955 and has been reintroduced and undergone minor changes throughout the years.

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The consistent upward trend of Chanel bag prices in the secondary market, along with retail price increases, suggests a strong potential for investment. Limited edition releases and classic styles of Chanel bags are known to appreciate in value more than others, often fetching much higher prices on the resale market. According to Chanel’s CFO Philippe Blondiaux, economic factors such as currency fluctuations and inflation play a significant role.

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