Chanel acquires Knitwear firm

(Photo: Vogue)

Chanel has acquired Scottish cashmere specialist Barrie Knitwear, maker of Chanel’s iconic bi-color cardigans.

Chanel’s acquisition secures the jobs of all 176 employees of the company, as well as safeguarding the historic brand, which has traded for almost 100 years. “The acquisition of Barrie business by Chanel is all the more natural as the factory has worked with us for more than 25 years, producing cashmere knitwear including Chanel’s iconic two-tone cashmere cardigans.Through this acquisition, we reaffirm our commitment to traditional expertise and craftsmanship, and our wish to safeguard their future and support their development.”said the label’s president Bruno Pavlovsky.

 

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