Chanel CEO Leena Nair was recruited to lead one of the biggest fashion houses in the world, ranked at No. 209 on the Fortune 500 Europe list.
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00:00Chanel CEO Lena Nair leads one of the biggest fashion houses in the world,
00:03and it all started with a 48-hour train ride across India.
00:06Nair recently told students at Stanford that getting an MBA was a key step in her career.
00:10The only problem was that her university of choice was on the opposite side of India,
00:14practically another planet away from her family.
00:16But Nair still took the rare opportunity to advance her education,
00:19and worked her way up through business.
00:21She said she was surprised when she got a call from Chanel,
00:23one of the world's biggest luxury companies,
00:26and it took her nine months to eventually say yes to the CEO position.
00:29Despite the sharp differences,
00:30Nair has already made significant changes in her two years with Chanel,
00:34seeing a 16% jump in the company's revenue last year
00:36and increasing the funding for Chanel's charity arm.