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Fresh from a very flush year for Chanel – in which free cash flow climbed 44 percent and more than $700m was spent acquiring specialist makers and suppliers – the French maison has found another home for its increasingly deep pockets.
The fashion house has acquired Charvet, the Parisian shirtmaker that creative director Matthieu Blazy enlisted to produce shirts for his debut Chanel collection last October. Less than a year later, Chanel now operates the 188-year-old…
