Chanel Buys Charvet, Maker of $750 Shirts Favored by Churchill
Summary
Chanel agreed to buy Charvet, France’s oldest shirtmaker, known for high-priced, heritage menswear staples like striped linen shirts around €655. The deal adds a storied specialist to Chanel’s portfolio as luxury groups compete for control of craft and supply.
Why it matters
Vertical control over craft is becoming a moat in luxury, and this acquisition strengthens Chanel’s ability to defend quality, scarcity, and margins.