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Chanel and Brunello Cucinelli each acquired a 24.5% stake in Italian cashmere manufacturer Cariaggi Lanificio SpA. The Cariaggi family retains 51% control.
“the Cariaggi family will retain control of the namesake company with 51 percent of the shares, while Brunello Cucinelli and Chanel will each have a 24.5 percent stake.”wwd.com
Summarized from public sources; check the original articles before acting on it.