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The partial acquisition by French fashion house Chanel and Italian brand . Chanel and Brunello Cucinelli have signed a joint deal to acquire a minority . The partial acquisition by French fashion house Chanel and Italian brand Brunello Cucinelli of the company Cariaggi Lanificio has just been announced.
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Chanel and Brunello Cucinelli have signed a joint deal to acquire a minority stake in Italian wool and cashmere manufacturing firm Cariaggi Lanificio, the brands announced on Tuesday in a rare tie-up. His daughters Camilla and Carolina hold the roles of co-creative director and copresident of the Brunello Cucinelli company, and co-head of the designer brand’s women’s style team,.
From Prada and Zegna to Chanel and Brunello Cucinelli, luxury brands are forming alliances to ensure access to raw materials and gain better oversight of the supply chain. Experts say the pros outweigh any cons. Chanel is now a partial owner of Cariaggi Lanifico SpA, one of its cashmere and natural fibers suppliers, following a deal with the Cariaggi and Italian luxury house Brunello Cucinelli SpA, the companies announced Tuesday. The French luxury house has acquired a 24.5% stake in the historic Cariaggi Lanificio mill in a deal with Italy's Brunello Cucinelli, which also had a stake in the company.
Chanel and Brunello Cucinelli each have a 24.5 percent stake in Cariaggi, whose family retains a majority stake. Chanel and Brunello Cucinelli on Tuesday signed a joint agreement to take 24.5 percent stakes in Italian cashmere and wool manufacturer Cariaggi Lanificio. The Cariaggi family will remain in control of 51 percent of shares.
In a move towards greater control of its supply chain, Chanel has teamed up with Brunello Cucinelli to take a 49% stake in Italian natural fibre supplier, Cariaggi. The joint investment will help Chanel to solve the sourcing issues caused by the pandemic and increase its sustainability efforts.Brunello Cucinelli owned a shareholding of 43% in the share capital of Cariaggi Lanificio. Following the today’s sale Brunello Cucinelli retains a stake of 24.5%. By virtue of the same agreement Cariaggi family has sold to Chanel a shareholding of 6% in the share capital of Cariaggi Lanificio. The partial acquisition by French fashion house Chanel and Italian brand Brunello Cucinelli of the company Cariaggi Lanificio has just been announced. Chanel and Brunello Cucinelli have signed a joint deal to acquire a minority stake in Italian wool and cashmere manufacturing firm Cariaggi Lanificio, the brands announced on Tuesday in a rare tie-up.
His daughters Camilla and Carolina hold the roles of co-creative director and copresident of the Brunello Cucinelli company, and co-head of the designer brand’s women’s style team,. From Prada and Zegna to Chanel and Brunello Cucinelli, luxury brands are forming alliances to ensure access to raw materials and gain better oversight of the supply chain. Experts say the pros outweigh any cons.
Chanel is now a partial owner of Cariaggi Lanifico SpA, one of its cashmere and natural fibers suppliers, following a deal with the Cariaggi and Italian luxury house Brunello Cucinelli SpA, the companies announced Tuesday.
The French luxury house has acquired a 24.5% stake in the historic Cariaggi Lanificio mill in a deal with Italy's Brunello Cucinelli, which also had a stake in the company. Chanel and Brunello Cucinelli each have a 24.5 percent stake in Cariaggi, whose family retains a majority stake. Chanel and Brunello Cucinelli on Tuesday signed a joint agreement to take 24.5 percent stakes in Italian cashmere and wool manufacturer Cariaggi Lanificio. The Cariaggi family will remain in control of 51 percent of shares.
In a move towards greater control of its supply chain, Chanel has teamed up with Brunello Cucinelli to take a 49% stake in Italian natural fibre supplier, Cariaggi. The joint investment will help Chanel to solve the sourcing issues caused by the pandemic and increase its sustainability efforts.
brunello cucinelli acquisition
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