Chanel chooses former Unilever boss Leena Nair as new CEO

Fashion house Chanel has hired Leena Nair as its new CEO (AP Photo/Christophe Ena)

The luxury fashion house Chanel has chosen Leena Nair, an industry outsider from India and long-time executive at Unilever, to be its new CEO.

Analysts say her hiring signals how the brand is accounting for changing consumer awareness of the industry’s environmental impact and the importance of diverse hires.