![](https://cache.luxurydaily.com/wp-content/uploads/2021/08/pre-order-fashion-main.jpeg)
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.
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.