YEREVAN. – Hraparak (Square) newspaper has learned that one of the founding brothers of the fashion company Chanel, owner Gérard Wertheimer, on Saturday will visit Armenia for the first time, and at the invitation of President Armen Sarkissian, the newspaper reported.

“The visit is cognitive. First, Chanel’s founder aims to get familiarized with historical Armenia, to ‘understand’ Armenia.

“And to the query, ‘Will he make specific investments at us [Armenia]?’ our source responded, ‘Everything depends on what he will ‘see’ in Armenia; we don’t rule [it] out,’” Hraparak wrote.