Again, unsure if Chanel has any brands, subsidiaries or other business over which it must declare its ownership structures/business models of. I would think this would better suit a 'Not Applicable' answer if there was such an option.

The statement does not explicitly describe or link to ownership structures, or as the previous comment refers to, whether Chanel Limited owns/operates brands, subsidiaries, or other businesses. It does describe three business activities 'Fashion, Fragrance & Beauty and Watches & Fine Jewellery' which are described as 'business activities' or as the X 'business', broadly describes their activities and numbers of suppliers which are distinct between the businesses/activites, and that 'Chanel employed close to 28,500 people across the world'. - 1

However, the statement also does not explicitly state that it does not control or own any other companies.

Pg. 1

“Chanel is a private company and a world leader in creating, developing, manufacturing, and distributing luxury products ("Chanel"). Founded by Gabrielle Chanel at the beginning of the last century, Chanel is dedicated to creating innovative and desirable products of the finest quality and to the highest level of craftsmanship and offers a broad range of high-end creations, including ready-to-wear, leather goods, fashion accessories, eyewear, fragrances, makeup, skincare, and fine jewellery and watches. Chanel is also renowned for its Haute Couture collections, presented twice yearly in Paris, and for having acquired a large number of specialised suppliers, collectively known as the Metiers d'Art.”