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Chanel buys Men’s Swimwear brand Orlebar Brown

In this week’s more fashion acquisition news, French luxury brand Chanel acquired the British men’s swimming brand Orlebar Brown, the amount of the acquisition was not disclosed. Although the terms of the deal were not disclosed, Chanel bought all the shares from company founder Adam Brown and private equity firm Piper. Brown will continue to serve as creative director of the company, which has grown into a mature lifestyle and vacation brand known for swimming trunks, polo shirts and T-shirts. The move marks another effort by Chanel to acquire small fashion companies specializing in certain product categories. Chanel is also …