The most famous name in fashion is infamous for other reasons.
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Neither Wertheimer nor Thomas, who eventually succeeded him at the head of the Chanel powerhouse, discussed the reasons for the deep-pocket rescue, but Vaughan points out that from a business angle it was reasonable.
Although she halted production during the war and immediate post-war years, Chanel was still the most famous name in fashion. Wertheimer saw that with a fresh injection of capital, he could make more money than he had ever made in the interwar years. Which he did. He needed to keep the brand name clean, however, and despite what she had done to him, he saw no percentage in a legal battle that would publicize Coco’s wartime behavior, of which he knew only too much. He therefore made sure she got the deal she wanted. He probably wanted that for her. For despite what she had done to him, she was still the beautiful Coco Chanel whom Pierre Wertheimer loved.
As my father’s old buddy Irwin Shaw used to say, go figure.
A man of faith in a godless age is hitting Americans where it hurts.
Mr. and Mrs. American Spectator Reader, let P.J. O’Rourke talk sense to your kids.
In Britain, defending your property can get you life.
The debacle of this president’s administration is both a cause and a symptom of the decline of American values. Unless Congress impeaches him, that decline will go on unchecked. An eminent jurist surveys the damage and assesses the chances for the recovery of our culture.
It won’t take long for conservatives to scratch this presidential wannabe off their 2008 scorecard.
The American Christmas, like the songs that celebrate it, makes room for everybody under the rainbow. Is that why so many people seem to be hostile to it?
Was the President done in by the economy, or by the politics of the economy?