Gabrielle "Coco" Chanel opened a Parisian millinery shop in the early 1900s. By the 1920s she was revolutionizing the world of women's fashion. The interlocking double-C logo is synonymous with elegance and high French style. Under the creative leadership of Karl Lagerfeld since 1983, the House of Chanel continues to set the standard for designer quality and desirability. The Chanel 2.55 is undoubtedly one of the most desired handbags and is timeless in its appeal. Coco Chanel created this handbag in February of 1955, thus naming it '2.55'. This must-have classic is made of sumptuous quilted lambskin paired with lustrous goldtone hardware.