Chanel has reportedly acquired a majority stake in Calzaturificio Gensi, a shoemaker in the Abruzzi region of Italy that has been manufacturing its sneakers. The company employs 160 people and makes 1,500 shoes per day for men, women and children. According to the reports, it will continue to work for other brands as well. In a similar move, Chanel had acquired Bodin-Joyeux, a French tannery specializing in lambskin leather, in December 2013.

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