In 1981,
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In 1996, Chanel bought gunmaker Holland & Holland. It attempted to revamp Holland & Holland, but did not succeed.1996 also greeted the launch of Allure fragrance and due to its immense popularity, a men's version, Allure Homme was launched in 1998. Better success came with the purchase of Eres (a swimwear label).
The company became a global leader in fragrance making and marketing in the 1990s.Heavy marketing investment increased revenue.The success of the Maison de Chanel brought the Wertheimer family fortune to $5 billion USD.Product lines such as watches (retailing for as much as $7,000 USD), shoes,
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