Chanel Picks London Over New York, Paris as Base for Global Team
- French fashion house to transfer about 50 jobs to U.K. base
- Karl Lagerfeld has served as creative director since 1983
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Chanel No. 5 and the little black dress are about to come with a British twist.
In a show of confidence for post-Brexit U.K., French fashion icon Chanel Ltd. is transferring its global corporate functions from New York to a new home in London.