Chanel S.A. is a French and privately held company owned by Alain Wertheimer and Gerard Wertheimer grandsons of Pierre Wertheimer who was an early business partner of the couturière Gabrielle Bonheur Chanel. Chanel S.A. is a high fashion house that specializes only in womens haute couture and ready to wear clothes and luxury goods and fashion accessories.Chanel S.A. is a French and privately held company owned by Alain Wertheimer and Gerard Wertheimer grandsons of Pierre Wertheimer who was an early business partner of the couturière Gabrielle Bonheur Chanel. Chanel S.A. is a high fashion house that specializes only in womens haute couture and ready to wear clothes and luxury goods and fashion accessories.