Chalhoub Group acquires strategic stake in US label Willy Chavarria

US fashion brand Willy Chavarria is set to advance its international growth with new investors. On Wednesday, the Dubai-based retail group Chalhoub Group announced the acquisition of a “strategic minority stake” in the clothing company, founded in 2015 by Willy Chavarria and David Ramirez. In addition to the Chalhoub Group, investment firms FAE Fashion Ventures and Webster Capital have also invested in the brand.