After Coco Chanel's death in 1971, the Chanel brand was inherited by her close friend and business associate, Alain Wertheimer, along with his brother, Gérard Wertheimer. The Wertheimer family had been involved with the brand since the 1920s, having initially financed its growth. Under their stewardship, Chanel continued to thrive and expand, maintaining its status as a leading luxury fashion house.
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