Chanel owners, L'Oréal heiress invest in Olsens’ brand
The Row, founded by the Olsen sisters, has recently attracted additional investments from prominent figures in the luxury and fashion industries. The Wertheimer brothers, owners of French luxury house Chanel, and L'Oréal heiress Françoise Bettencourt Meyers have each purchased a minority stake in the brand. Fashion entrepreneur Natalie Massenet, through her company Imaginary Ventures, is also set to invest. Despite these new investments, the Olsen sisters will remain the majority shareholders, and the company’s valuation is projected to reach $1 billion. The Row, known for its quiet luxury and high-demand products, continues to be a leading name in the fashion world, with its exclusivity further emphasized by its no-social-media policy at recent shows.