Chanel's Barrie buyout a 'new chapter' for Hawick site
Borders MP Michael Moore has said Chanel's plans for a Hawick mill with more than 170 staff are an "exciting new chapter" for the business.
He met with senior representatives of the firm to discuss the purchase of the Barrie Knitwear site in Hawick.
The deal came after the collapse of owner Dawson International which was placed in administration in August.
Mr Moore said he was please to see the site's future secured and an "end to the uncertainty" for staff.
"I was pleased to hear of Chanel's commitment to maintain the traditional expertise and craftsmanship which make Barrie such a unique and valued brand," he said.
"I look forward to Barrie flourishing under Chanel's ownership.
"I will continue to work with the management and employees in this exciting new chapter for the company."