- French fashion house Chanel named Leena Nair, an executive from Unilever, as its new global CEO, picking a consumer goods veteran to run one of the world’s biggest luxury goods groups.
- Nair serves as a non-executive board member at BT and has previously served as non-executive director of the British government’s business, energy and industrial strategy department.
- Chanel was founded in 1910 by fashion legend Gabrielle “Coco” Chanel as a hat boutique on rue Cambon in Paris and grew to become a byword for French chic.
