New Business
Thursday, 7/2, 05:16 AM
Chanel Buys Charvet, the World's Oldest Shirtmaker, to Guard a Fading Craft
- Chanel has acquired Charvet, the storied Paris shirtmaker founded in 1838, extending the privately held luxury house's decades-long strategy of buying up heritage ateliers to keep endangered French craftsmanship alive.
- The two houses did not disclose terms.