business
Chanel Acquires Charvet Shirt Maker
Chanel is purchasing Charvet, a Parisian shirt maker established in the 1830s. The acquisition adds established menswear production capabilities to the French luxury group's existing portfolio.
Jul 2, 1:00 AM·1m read2 sources
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Chanel announced the acquisition of Charvet, a Paris-based shirt maker founded in the 1830s. The transaction gives Chanel direct access to long-standing menswear manufacturing expertise and established production methods.
Background on the Companies Charvet has operated continuously from its Paris location since the 1830s and maintains a reputation for traditional shirt-making techniques. Chanel stated the purchase is intended to strengthen its menswear offerings through the integration of Charvet's specialized production capabilities. The companies did not disclose financial terms of the deal or a closing date.
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