These retailers are bucking the trend and opening stores in San Francisco despite the city's 'doom loop'

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Nordstream San Francisco
There has been an exodus of retailers in downtown San Francisco, with a Nordstrom branch being among the recent closures.

Justin Sullivan/Getty Images

Chanel's CEO says she's been the 'first woman, the first brown person, the first Asian, the first Indian' in every job – and wants to lift others up

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Leena Nair speaking on a stage whilst wearing a red top
Chanel CEO Leena Nair.

Ritam Banerjee/ Getty Images

The life of Karl Lagerfeld, the late Chanel designer whose career was honored at this year's Met Gala

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Black and white photo of Karl Lagerfeld in crowd in 1997

Jean-Erick PASQUIER/Gamma-Rapho via Getty Images

Meet the Wertheimers, the secretive French brothers worth $96 billion who control Chanel, own vineyards in France and Napa Valley, and breed racehorses

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Alain and Gerard Wertheimer
The brothers have a combined net worth of $96 billion.

Michel Dufour/WireImage/Getty Images

A fugitive billionaire just auctioned off $3.2 million worth of luxury handbags — see highlights from his prized collection

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crocodile birkin bag
A crocodile Birkin handbag, though not one of the bags that was sold at the Sotheby's auction.

REUTERS/Mario Anzuoni

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