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Leena Nair named CEO of French luxury group Chanel

Renowned for its women's pantsuits, tweeds and famous handbags, Chanel was founded in 1910 by the legendary Gabrielle Chanel, fondly called 'Coco' Chanel

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Photo credit: Official Twitter account of Leena Nair

Photo credit: Official Twitter account of Leena Nair

Leena Nair (52), who was named the new global CEO of French fashion house Chanel on Tuesday, said that she is humbled and honoured to be appointed the global Chief Executive Officer of Chanel, which is an iconic and admired company. In a rare move for the tightly-controlled fashion house, picking the consumer goods veteran to run one of the world's biggest luxury groups sends a positive and inclusive message, setting the pace in an industry reeling under pressure to show a more inclusive and accepting approach.

"I am so inspired by what Chanel stands for. It is a company that believes in the freedom of creation, in cultivating human potential and in acting to have a positive impact in the world," Nair tweeted. The Indian born British national has been given the charge of ensuring Chanel's "long term success as a private company", it said in a statement, recognising Nair as a "visionary leader whose ability to champion a long-term, purpose-driven agenda is matched with a consistently strong record of business outcomes".

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