Add Yahoo as a preferred source to see more of our stories on Google. Seventy years ago, Gabrielle “Coco” Chanel introduced what would become one of her brand’s quintessential products: the 2.55 bag.

The popular drawstring hobo can also be carried as a tote or under the arm as a shoulder bag.

Add Yahoo as a preferred source to see more of our stories on Google. When you buy through links on our articles, Future and its syndication partners may earn a commission. Credit: ...

While Chanel is primarily associated with its namesake founder, Coco Chanel, in recent decades, another designer grew synonymous with the famed brand: Karl Lagerfeld. The late designer, who served as ...