Chanel to the rescue

Chanel saves 200 Scottish jobs

Hard economic times aren’t always good for fashion but Chanel, having already weathered two World Wars and the Great Depression, has unsurprisingly proved itself to be recession-proof. Now the luxury French fashion house is spreading a bit of fashion love by buying up an entire Scottish knitwear business that would otherwise have been closed.

Barrie Knitwear, which is part of a conglomerate that went into administration this year, was of interest to Karl Lagerfeld's label because of its fabulous cashmere output. A spokesperson for Chanel said the deal, ‘secures the jobs of all 176 employees and safeguards a historic brand known for the manufacture of high-quality cashmere for some of the world's most prestigious couture houses.’


Great news for the company in question – and for knitwear fans everywhere.

See the show-stopping Chanel Spring Summer 2013 collection here

Find out more about Karl's hula hoop handbag here

Read Next: