Snapshot
February 26, 2018
Chanel signs on as official sponsor for Grand Palais

Participating in this sponsorship deal:

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About Sponsor:

Chanel S.A. is a French fashion house founded by the couturier Gabrielle "Coco" Chanel, well established in haute couture, specializing in luxury goods (haute couture, ready-to-wear, handbags, perfumery, and cosmetics among others).[1] She gained the name "Coco" while maintaining a career as a singer at a café in France. Chanel has catered to tastes in items such as simple suits, dresses, women's pants, and costume jewelry. Coco Chanel's vision was to replace such opulent, 'sexy' pieces with items which conveyed casual elegance. Today, Chanel is most famous for the "little black dress". According to Forbes, the privately held House of Chanel is jointly owned by Alain Wertheimer and Gerard Wertheimer who are the great-grandsons of the early (1924) Chanel partner Pierre Wertheimer.

About Property:

The Grand Palais des Champs-Élysées, commonly known as the Grand Palais (English: Great Palace), is a large historic site, exhibition hall and museum complex located at the Champs-Élysées in the 8th arrondissement of Paris, France. Construction of the Grand Palais began in 1897 following the demolition of the Palais de l'Industrie (Palace of Industry) as part of the preparation works for the Universal Exposition of 1900, which also included the creation of the adjacent Petit Palais and Pont Alexandre III.[2] It has been listed since 2000 as a monument historique by the French Ministry of Culture.[3]

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Renewing its commitment to an initiative undertaken by founder Gabrielle Chanel, Chanel is to contribute 25 million euros to a project to restore and renovate the Grand Palais in Paris.
Read more at https://www.standard.co.uk/fashion/chanel-commits-25-million-euros-to-renovation-of-pariss-grand-palais-a3765371.html.com »
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