The launch of Pre-Order includes offerings from Dolce & Gabbana, Balenciaga, Oscar de la Renta and more. Image credit: Farfetch
Luxury Daily’s live news for Aug. 25:
Chanel acquires majority stake in knitwear brand
French fashion label Chanel has acquired a majority stake in Italian knitwear manufacturer Paima, which has served as one of its long-time suppliers.