In a bold move underscoring their faith in luxury fashion’s robust future, Chanel’s billionaire Wertheimer brothers and L’Oréal heiress Françoise Bettencourt Meyers have made headline-worthy investments in The Row, founded by Mary-Kate and Ashley Olsen. Through their respective family offices, Mousse Partners and Téthys, they have acquired minority stakes in the brand, now valued at approximately $1 billion.

Parallel to fashion investments, Chanel has also expanded its portfolio into high-end watchmaking, acquiring a 25% stake in the innovative Swiss brand MB&F. This acquisition is part of Chanel’s broader strategy to fortify its presence in the luxury watch sector and preserve craftsmanship and innovation. MB&F is renowned for its unique horological masterpieces, aligning well with Chanel’s ethos of nurturing niche expertise.