Chanel has taken over the Richard Tannery in Millau. Mégisserie Richard specialises in the production of Lacaune et Entrefins lambskin, finished in various innovative ways: metallic, pearled, printed, painted etc. The company employs 40 people, exports about 60% of its production and is led by Xavier Richard, who will remain at the company’s operating helm. Bruno Pavlovsky, current president of Chanel’s fashion business, commented that “this acquisition will sustain a vital link in the leather production chain and offers the opportunity to strengthen Chanel leather chain excellence.” The tannery is one of Chanel’s long-standing suppliers which, in recent years, has launched a chain concentration strategy, acquiring the glove manufacturers Gausse in 2012 and, in 2013, another French tannery: Bodin Joyeux.
Chanel doubles up and buys the Richard tannery (having already acquired Bodin Joyeux)
