A new Paris museum will be the first in France to be dedicated to fashion

Fashion history: It gets by with a little help from Chanel

Finally Paris is getting what it has always deserved. At least, that's the case with an upcoming

Parisian museum that will debut as France's first permanent and proud fashion museum.

How it took so long in the land of fashion greats such as Christian Lacroix, Christian Louboutin and

of course, Coco Chanel, we're not sure. But we certainly are pleased and happy for this decision.

Chanel is partnering with Paris to finance the construction of the new space inside the Palais Galliera,

with a €5.7 million euro ($6 million) donation.

You would be pleased to that “Palais Galleria” is already considered the Fashion Museum of Paris, but currently only displays temporary exhibits. The new appx. 7,211-square-foot area will have a

year-round exhibit dedicated to fashion's history from the 18th century to today, plus a fashion learning workshop and a bookstore, according to a press release.

"This action represents a lasting guarantee to creation and to the strength of Paris, which are at the

love of Chanel's business," said Bruno Pavlovsky, president of Chanel Fashion, in a statement.

"Supporting an institution like the Palais Galliera is part of our mission to bring fashion history to life."

A 2016 exhibit on display at the “Palais Galliera”. The city is hoping the alliance will draw visitors both French and international to Paris, which experienced a pointy decline in tourism in 2016 after militant attacks, floods and strikes."The city of Paris is proud to be able to open this extraordinary space to

Parisians and visitors from all over the world," said Anne Hidalgo, mayor of Paris, in a statement.

"I would like to thank the House of Chanel for proving once again that Paris is the home of fashion."

The Palais Galliera, which was built in 1894, is planning awaited exhibitions such as an homage to

fashion designer Cristóbal Balenciaga (March 8 to July 16) and an exhibition of singer Dalida's

wardrobe (April 27 to August 13). Overall the Palais Galliera's archives added up of a total of

200,000 pieces.

Also it has been said that, once the fashion museum is completed, there will be style galore to feast

the eyes on.