Acquisition

2 articles

Damiani Group Buys Baume & Mercier Watch Brand From Richemont

After months of anticipation, the Damiani Group has officially taken full ownership of the 193-year-old luxury watch brand Baume & Mercier, marking a significant shift in the high-end timepiece ma

Henry Caldwell·July 10, 2026

Elegant Parisian street scene with Chanel and Charvet branding, symbolizing the acquisition of the historic French shirtmaker by the luxury fashion house.

Luxury Fashion

Chanel Acquires Charvet, Implications for Luxury Fashion

After 188 years of independent ownership, the revered French shirtmaker Charvet has been fully acquired by luxury behemoth Chanel.

Victoria Laurent·July 4, 2026