By and  on October 16, 2012

PARIS — Adding to its arsenal of specialty manufacturers, Chanel said Tuesday it acquired Scottish cashmere specialist Barrie Knitwear, maker of the French fashion house’s iconic two-tone cardigans.

Chanel purchased the business and assets from Dawson International Trading Ltd., which was placed under administration on Aug. 15. Financial terms were not disclosed.

“Our objective is to keep this know-how alive,” Bruno Pavlovsky, president of Chanel fashion, told WWD.

He noted that knitwear represents about 30 percent of Chanel’s ready-to-wear business in unit terms, and characterized it as an important area of development for the company.

 

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