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Chanel Owners and L’Oréal Heir Investing in Olsens’ The Row

The Wertheimer family and Francoise Bettencourt Meyers’ Tethys Invest have acquired minority stakes in The Row, valuing the Olsen sisters’ luxury label at approximately $1 billion, with Imaginary Ventures also joining the investment.
The Olsen sisters at a red carpet event
The Olsen sisters will remain The Row’s majority shareholders. (Shutterstock)

The family behind luxury brand Chanel and the billionaire heiress of L’Oréal have bought a stake in the fashion label

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