The Row Valued at $1 Billion After Investments from Chanel Owners and L’Oréal Heiress

Mary-Kate and Ashley Olsen’s fashion brand receives significant backing from prominent French business families.

The Wertheimer brothers, owners of Chanel, and Francoise Bettencourt Meyers, heiress of L’Oréal, have bought minority stakes in The Row.
The investments were made through the Wertheimer's Mousse Partners and Bettencourt Meyers' Tethys Invest.
Additional investments come from Imaginary Ventures, co-founded by Natalie Massenet, and Saint Dominique Capital, backed by Lauren Santo Domingo.
The Row, established by the Olsen twins in 2006, is recognized for its 'quiet luxury' and high-quality basics, with products often selling out quickly.
Mary-Kate and Ashley Olsen will remain the majority shareholders of the brand, which has now reached a valuation of $1 billion.