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The Lincoln Star from Lincoln, Nebraska • Page 72

Publication:
The Lincoln Stari
Location:
Lincoln, Nebraska
Issue Date:
Page:
72
Extracted Article Text (OCR)

When Coco Chanel, the great French dress designer, died suddenly last month at age 87, she left an estimated $10 million in Swiss bank accounts, plus all sorts of valuable art collections. biggest money-maker was not her clothes but her perfume, Chanel No. 5, which she first brought out in 1919. For years, the perfume earned her little money, largely because she had entered into an unwise deal with the late Pierre Wertheimer, a perfume manufacturer who agreed to distribute the product worldwide. After World War II, Chanel hired Count Rene de Chambrun, the lawyer son-in-law of Pierre Laval, a direct descendant of the Marquis de Lafayette and himself an hon- TfHUTECOCOeNANEL: NO.SNITTIIEIAeKFOT.

orary American citizen, to sue Wertheimer in an attempt to regain marketing control of her perfume. Rather than bring the case to court, Wertheimer agreed upon a new deal, granting Chanel a hefty share of the international gross profits. Inside of three years Chanel was a millionaire, while Wertheimer, in order to enhance her name further, agreed to finance her comeback as a dress designer in 1954. collection that year was a resounding flop but by showing exactly the same clothes in 1955, she once again recaptured the laurels of the haute couture. What the critics hated in 1954 they loved in 1955.

For years the rumor was rampant in Paris that Coco Chanel had Lesbian tendencies. There was no truth to that slander. Over the decades she took scads of lovers, many of them younger than herself, but she was always discreet about her private life, except for her love affair with the Duke of Westminster. Chanel left most of her estate to Andre Palasse, her nephew, And his two daughters. Palasse, 73, lives in Switzerland, his daughters in Paris.

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About The Lincoln Star Archive

Pages Available:
914,989
Years Available:
1902-1995