Chanel’s Heir Places Brazil on Its “Sustainable Fashion” Radar

The fund Wertheimer set up with Swiss bank Mirabaud is interested in technologies extracted from sugar cane that can replace other materials used in shoes, such as plastic and non-organic rubber.

RIO DE JANEIRO, BRAZIL - Heir of the French brand Chanel, one of the world's leading luxury labels, David Wertheimer believes that Brazil can be a granary to export sustainable practices applied to fashion worldwide.

A member of the family's fifth generation at the head of the luxury empire, the executive leads an investment fund that will prospect sustainable practices for the production of clothing, shoes, and accessories - and already has his eye on at least two businesses in Brazil.

Although the contracts are not yet closed, the fund that Wertheimer set up in partnership with Swiss bank Mirabaud . . .

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