Chanel and Brunello Cucinelli to Take Stake in Italian Yarn Manufacturer

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.

from Business of Fashion https://ift.tt/CK1yRoZ