×
80 227
Fashion Jobs
TJ MAXX
Retail Sales Floor Supervisor Full Time
Permanent · Dunwoody
TJ MAXX
Distribution Center Supervisor- Pittston, PA
Permanent · Pittston
HOMEGOODS
lp Detective
Permanent · Christiana
MARSHALLS
Loss Prevention Detective
Permanent · Worcester
TJ MAXX
lp Detective
Permanent · St. Cloud
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · La Verne
KOHLS
Full-Time Sales Supervisor - Hardlines
Permanent · Rockwall
ULTA BEAUTY, INC.
Retail Sales Manager
Permanent · Morristown
ULTA BEAUTY, INC.
Retail Sales Manager
Permanent · Roseville
ULTA BEAUTY, INC.
General Manager
Permanent · New York
NORDSTROM
Asset Protection - Agent - Manchester Highlands Rack
Permanent · Manchester
NORDSTROM
Asset Protection - Security Ambassador - Twenty Ninth Street Shopping Center Rack
Permanent · Boulder
NORDSTROM INC
Asset Protection - Security Ambassador - Rookwood Pavilion Rack
Permanent · Cincinnati
NORDSTROM
Asset Protection - Security Ambassador - City Creek Center
Permanent · Salt Lake City
NORDSTROM INC
Asset Protection - Security Ambassador - Southcenter
Permanent · Tukwila
NORDSTROM INC
Manager Asset Protection 3 - Chandler, az
Permanent · Chandler
NORDSTROM INC
Asset Protection - Agent - Tampa Rack
Permanent · Tampa
NORDSTROM
Asset Protection - Agent - Brentwood Place Rack
Permanent · Brentwood
NORDSTROM
Asset Protection - Security Ambassador - Gateway Center Rack
Permanent · New York
NORDSTROM
Asset Protection - Agent - South Coast Plaza
Permanent · Costa Mesa
NORDSTROM INC
Asset Protection - Security Ambassador - Rack at 31st & 6th
Permanent · New York
NORDSTROM INC
Senior Manager Strategic Sourcing, Store Operations, Mro, Restaurants
Permanent · Seattle
Translated by
Isabelle Crossley
Published
Aug 25, 2021
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Chanel acquires Italian knitwear business Paima

Translated by
Isabelle Crossley
Published
Aug 25, 2021

Chanel is continuing to shop the artisanal excellence of Italy. The French luxury brand “has taken a majority stake in the knitwear business Paima, located near Ancona,” the brand told FashionNetwork.com, without specifying the total investment amount or exact size of the stake. 
 

A look from Chanel's autumn/ winter 2021/2022 collection - © PixelFormula


“This decision was motivated by converging interests; as Paima has seen its development accelerate in recent years, it appears opportune to be able to rely on a solid partner which can help it to grow and invest,” Chanel said in a statement. “For Chanel, this partnership aims to support a sector which is essential both for its own activity and that of the luxury industry as a whole.”
 
“This investment offers a more lasting framework for collaboration while being part of the continuity of an already established relationship,” said Chanel. “In accordance with Chanel’s strategy in this type of operation, Paima will continue to collaborate with all of its customers.

Paima originated as a knitting factory in 1963 run by the Marabini family. Located in Osimo in the Marche region of central Italy, the business has evolved by combining technology and craftsmanship through setting up an avant-garde structure. For third party businesses, Paima produces knitwear for women and men from various yarns including wool, cashmere, and cotton. 
 
“Setting the benchmark in its field, Paima has been able to create a real ecosystem in a territory which is not traditionally a knitting area,” said Chanel. With its investment, Chanel will enable the business, “to develop training for young people in its related skills and support its network of partners with which it works.” 
 
Paima is the fifth Italian business to enter into the fold of Chanel in the past two years. Last year in particular, Chanel invested in the footwear manufacturer Ballin, the tannery Conceria Gaiera Giovanni (which specialises in the transformation and treatment of kid, lamb, and calf skins), and the Piedmont-based fancy yarn manufacturer Vimar 1991, which has joined Chanel’s subsidiary ‘Paraffection’ which is designed to bring together businesses and knowledge relating to arts and crafts. In July 2019, the group took a majority stake in the ‘Samanta’ tannery, a specialist in printed and embossed leathers. 
 
In other latest news from Chanel, the brand’s new ready-to-wear collection for summer 2022 is expected this autumn at Paris Fashion Week while the brand will fly to Dubai in the United Arab Emirates on November 2 to present its cruise collection for 2021/2022, unveiled in May at the Carrières de Lumières in the French village Baux-de-Provence. This will be Chanel’s second show in Dubai to date, seven years after its presentation in May 2014 for its 2014/2015 cruise collection.
 

Copyright © 2021 FashionNetwork.com All rights reserved.