Chanel
Chanel acquires share of Italian leather factory
The French luxury brand has taken another step towards strengthening its productive resources, having acquired a stake in the business of Conceria Samanta, an Italian leather factory specializing in printed leather. The factory is a long-standing supplier of Chanel, writes Worldfootwear.com.
It took a whole year to conclude a deal, the details of the deal were not disclosed. Founded in the 70s. Attilio Gronchi, the Samanta tannery, is currently run by Attilio's sons, Jacop and Azura Gronchi. The factory is located in the Santa Croce region, employs about 40 people and is known for producing exotic types of leather, printed and embossed leather.
Company chanel owned by the Wertheimer brothers, reported revenue in 2018 of $ 11,12 billion, and an increase of 10,5%. Last year, Chanel doubled its development investments to $ 1 billion (+ 129%) and reiterated its intention to maintain its investment pace in 2019.
The French luxury brand has taken one more step to strengthen its production resources, acquired a stake in the business of Conceria Samanta, an Italian leather factory specializing in print ...
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