__ Chanel, French fashion designer (4)

I believe the answer is:

coco

(Other definitions for coco that I've seen before include "'... the Clown, ... Chanel (4)'" , "French fashion designer, who branched into perfume etc" , "Famous clown" , "Gabrielle Bonheur Chanel" , "address for Chanel" .)

I've seen this clue in The Guardian.

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