We first got word of the Brit babe's chance to play the legendary designer last month, and now we finally have our first sneak peek at Knightley's take on the founder of the French fashion house.
And just like Shirley MacLaine and Audrey Tautou, who have also played the legendary designer, Knightley is looking très chic as a young Chanel in the black-and-white film.
The actress, who is currently the face of the label's Coco Mademoiselle fragrance, joined forces with the film's director Karl Lagerfeld to make the film just in time for the fashion house's upcoming 100thanniversary of the opening of the first Chanel boutique in the French seaside Deauville.
Lagerfeld recreated the shop for the short film, and made sure to sprinkle plenty of eye candy in his latest project, including French actress Cotilde Hesme, who plays Chanel's aunt, and models Stella Tenant and Lindsey Wixson, who stars as the fashionable young woman who catches Coco's eye in the film.
We know we can't wait to see what other pretty faces—and fashion!—the Kaiser has in store for us come May 8, when the entire film will stream on Chanel's website.