News

Chanel buys first tannery to secure supplies

06/12/2013

French fashion house Chanel has acquired its long-time lambskin provider, French tannery Bodin-Joyeux, following similar moves by peers Kering, Hermes and LVMH. Bruno Pavlovsky, chairman of Chanel’s fashion business, said the brand had been working with the tannery for 30 years and would continue to supply rivals. He estimated the price of...

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