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Chanel acquires 20% stake in Tuscan leather firm

Chanel has acquired a 20% stake in Nuova Impala, a leather tannery based in Tuscany and a long-time partner of the brand, marking a further step in its investment in Italy’s manufacturing supply chain. In a statement, Chanel described the move as a reflection of its commitment to craftsmanship and sustainability. The acquisition strengthens the brand’s control over its leather sourcing and reinforces its long-term strategy with trusted partners. The deal is part of Chanel’s broader effort to deepen its integration across Italy’s high-end manufacturing sector.

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