What's Trending In Fashion (The Row Investment, Haider Ackermann Tom Ford, Sarah Burton Givenchy)

The Row, founded by the Olsen sisters, has recently sought additional investments. The family that owns French luxury house Chanel and the billionaire heiress of L’Oréal have both purchased a stake in the Oslen twins’ brand. According to Bloomberg, the family behind Chanel, specifically the Wertheimer brothers, have bought a minority stake in The Row through their family office Mousse Partners and L’Oréal heiress Francoise Bettencourt Meyers invests through her family vehicle, Tethys Invest. Fashion entrepreneur Natalie Massenet, who is the former executive chairman of Net-a-Porter, is also slated to invest in the label through her company Imaginary Ventures with Nick Brown. The Olsen sisters will still remain as The Row’s majority shareholders but this investment is expected to bring the valuation of the company up to $1 billion USD. So far, representatives from all parties have declined to comment. With The Row, Mary-Kate and Ashley Olsen have made a name for themselves in the quiet luxury sphere. Just earlier this year, The Row made headlines when it asked attendees to refrain from using social media during its Paris Fashion Week show, giving way to another level of exclusivity. The Row is considered one of the most sought-after brands in the world, with their handbags like the Margaux consistently selling out, even at a cost of $7,000 USD. The family behind Chanel are amongst a trio of France’s wealthiest dynasties. Mousse, the firm led by Alain and Gerard Werthe