The Italian luxury footwear maker, Ballin is the fourth Italian company to be acquired by Chanel in the last two years.
Founded in 1945 by brothers Guido and Giorgio Ballin, the shoemaker Ballin is a leader in the production of luxury shoes that expresses the right mix between cutting-edge and artisan production. As well as being a third-party supplier, Ballin also develops and sells its brand.
The company commented in a press release, stating: “The decision was prompted by a convergence of interests: Ballin’s need to rely on a solid partner ensuring long-term visibility to the company, and Chanel’s desire to strengthen a supply chain that is essential for its business, especially its luxury business as a whole.”
Besides this acquisition, Chanel has also bought Samanta, a tannery specialised in printed and embossed leather. Conceria Gaiera Giovanni specialises in the transformation and treatment of goat, lamb and calf hides and Vimar 1991 is now part of Paraffection, the Chanel subsidiary that comprises the label’s specialist craft ateliers.
