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Chanel Acquires Historic French Shirtmaker Charvet

Created at 2 Jul · 5:15 AM1 source↑ Market-relevant
IN SHORT

Chanel has acquired full ownership of Charvet, the world's oldest shirtmaker, dating back to 1838. The deal aims to secure the long-term continuity of Charvet's craftsmanship and specialized staff, while expanding Chanel's offerings in men's wear.

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Key Numbers

1838founding year of Charvet
70sage of Charvet's current owners
40Charvet employees at Place Vendôme store
60Charvet employees at production workshop

Who's Involved

Chanel
French luxury group acquiring Charvet
Charvet
World's oldest shirtmaker, founded in 1838
Matthieu Blazy
Artistic director of Chanel
Anne-Marie Colban
Co-owner of Charvet
Jean-Claude Colban
Co-owner and managing director of Charvet
Bruno Pavlovsky
President of fashion and president of Chanel SAS
Chanel Acquires Historic French Shirtmaker Charvet

↳ Why This Matters

The acquisition by Chanel signifies a strategic move to integrate high-level craftsmanship and heritage into its portfolio, particularly strengthening its men's wear offerings and preserving a piece of French fashion history. It also bolsters Chanel's presence in a prestigious Parisian location.

Key facts

  • Chanel has acquired full ownership of Charvet, a Parisian shirtmaker founded in 1838.
  • The acquisition aims to secure the long-term continuity of Charvet's craftsmanship and specialized staff.
  • Chanel also acquired Charvet's building on Place Vendôme in Paris.
  • The deal was announced ahead of Matthieu Blazy's second haute couture collection for Chanel.
  • Charvet has a history of dressing notable figures including Marcel Proust and John F. Kennedy.

Chanel has acquired full ownership of Charvet, the historic Parisian shirtmaker founded in 1838, solidifying a relationship that dates back to Gabrielle "Coco" Chanel. The deal aims to secure the long-term continuity of Charvet's unique savoir-faire and specialized staff, particularly as its current owners, siblings Anne-Marie and Jean-Claude Colban, are in their 70s.

Chanel's artistic director, Matthieu Blazy, rekindled the historic bond by featuring Charvet-made shirts in his debut collection for Chanel last October. These shirts, distinguished by a signature Chanel chain at the hem, became notable pieces worn by celebrities. Bruno Pavlovsky, president of fashion at Chanel SAS, stated that the acquisition was a natural progression, noting that while Chanel primarily targets women, it has a growing male clientele, and Charvet, primarily for men, is attracting more women.

The acquisition also includes Charvet's six-floor building on Place Vendôme, further enhancing Chanel's presence in the historic Parisian square. Charvet, known for its made-to-measure tailoring, employs approximately 40 people at its store and 60 at its production workshop. The Colban siblings expressed delight in this new chapter, emphasizing shared values of craftsmanship and quality.

Charvet, France's oldest shirtmaker, has a storied past, having dressed luminaries such as Marcel Proust, Winston Churchill, John F. Kennedy, and Karl Lagerfeld. The company was bought by Denis Colban, Charvet's main fabric supplier, in 1965 to prevent a foreign sale, and has since been run by his children.

Frequently asked questions

Charvet was founded in 1838, making it France's and the world's oldest shirtmaker.

Chanel is acquiring Charvet to secure the long-term continuity of its craftsmanship and specialized staff, and to expand its offerings in men's wear.

Charvet is known for its high-quality, made-to-measure shirts and its heritage craftsmanship, having dressed numerous notable figures throughout history.

Chanel owns swimwear brands Eres and Orlebar Brown, cashmere specialist Barrie, milliner Maison Michel, silversmith Goossens, and several vineyards.

What Happens Next

01Chanel will integrate Charvet's operations and craftsmanship into its luxury group.
02The long-term continuity of Charvet's specialized staff and know-how will be ensured.

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Cadence

How It Developed

Chanel has acquired full ownership of the historic French shirtmaker Charvet.
The acquisition aims to secure Charvet's long-term continuity and preserve its craftsmanship.
Chanel also acquired Charvet's building on Place Vendôme in Paris.
The deal was made public ahead of Matthieu Blazy's second haute couture collection for Chanel.

Sources

T1
Chanel Is Buying the World’s Oldest Shirt MakerThe New York Times
T2
Inside Charvet, the French Shirtmaker that Struck Runway Gold with Chanelbusinessoffashion.com
T2
Chanel x Charvet: the alliance of French elegance - nss magazinenssmag.com
T2
Chanel Acquires Historic French Shirtmaker Charvet - WWDwwd.com

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