Home / Knowledge / News / Apparel/Garments / Chanel acquires Scottish cashmere firm Barrie
Chanel acquires Scottish cashmere firm Barrie
Oct '12
Acquisition of Hawick-based cashmere firm Barrie Knitwear by French fashion house Chanel is now official.
Announcing the acquisition, Chanel’s Fashion President Bruno Pavlovsky said the acquisition is a reiteration of their commitment to traditional art and expertise. Barrie has served Chanel for over 25 years as a supplier of cashmere knitwear, including Chanel’s well-known two-tone cashmere cardigans, he added.
Barrie was facing a closure threat after its previous holding firm – the 140 year old textile conglomerate Dawson’s – was placed under administration in August this year, due to pension liabilities, putting around 176 jobs at stake.
In a statement following acquisition, Chanel said their acquisition of Barrie has saved a premium cashmere knitwear supplier, catering to some of the world’s leading couture houses, including Hermes, from closing down.
Chanel said it would retain the entire existing workforce at Barrie.
Chanel’s foray in the British textile market formed a part of its long-established policy of safeguard and if required to acquire its valuable suppliers. The acquisition took place under supervision of KPMG Scotland.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 26th Oct 2016

SGS develops 4C chemical management model for apparel

SGS, a leading inspection, auditing, certification, testing, and...

Textiles | On 26th Oct 2016

Platinum Equity acquires International Textile Group

International Textile Group (ITG) has been acquired by Platinum...

Textiles | On 26th Oct 2016

Whitehouse & URI Business Centre start RI textile network

Senator Sheldon Whitehouse and the University of Rhode Island...

Interviews View All

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Angelina Francesca Cheang

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search