Chanel

History

2025: Sale of retail space in Yekaterinburg to an entrepreneur from Tatarstan for 168 million rubles

Chanel sold its owned sites in the Russian Federation, which were located in Yekaterinburg, namely, in the Gallery Luxury shopping center. These are three rooms, a total of a little more than 600 square meters. m. They were bought by Russian entrepreneur Lina Kurbanova for 168 million rubles. At a meeting of the government's Foreign Investment Control Commission, which took place at the end of February 2025, officials approved the deal. According to the company's website, the Chanel brand has 18 leased premises in the Moscow region.^[1]

2024: Rupture of store rental contracts in Russia due to losses

In March 2024, it became known that Chanel finally breaks all contracts that allow it, since stores are closed for the third year, and their net loss in 2022 amounted to 1.8 billion rubles.

Chanel can no longer wait for the lifting of EU sanctions against Russia, which is clearly not planned in the foreseeable future.

Their stores will quickly find tenants, especially flagship boutiques in the center of Moscow and St. Petersburg.

2022: Accusations of fascism amid discrimination against Russians

In April 2022, the Chanel logo was turned into a portrait of Hitler on the walls of the company's Paris boutique.

Recently, in the Dubai branch of Russian citizens, when buying, they were forced to sign a paper stating that: a) the buyer does not live in Russia; b) he will not wear these things in Russia.

After that, in Paris, someone recalled a story from the life of the founder of the Coco brand, who worked and flourished in the French capital of the 1940s during the fascist occupation. And on the walls of the boutique appeared a very recognizable silhouette of the Austrian artist.

2021: Lina Nair is the company's new CEO

On December 15, 2021, French fashion house Chanel named Lina Nair, a former HR director at Unilever, as its global CEO. Read more here.

1995

Claudia Schiffer for Chanel, 1995.