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Chanel gives Centre Pompidou financial boost with new five-year partnership

Chanel has announced a new five-year partnership with the Centre Pompidou in Paris, providing a confidential financial boost to the institution during its closure for major renovations until 2030. The partnership builds on previous collaborations, including the 2023 Assemble program and a 2025 initiative to expand the museum's collection of Chinese contemporary artists by over 30% by 2028, with works already acquired from artists like Chen Wei and Cui Jie.

article policy schedule May 21, 2026 visibility 5 link 8 artists

Chanel Renews Financial Support of Centre Pompidou During Long-Term Renovation

Chanel has renewed its financial partnership with Paris's Centre Pompidou, extending their collaboration through another five-year agreement. The luxury fashion house will continue supporting the museum's operations, acquisitions, and exhibitions, despite the Pompidou being closed until 2030 for a major renovation costing over $500 million. Chanel previously sponsored the museum's acquisition of 21 artworks by 15 contemporary Chinese artists in 2024 and supported the related exhibition “目 China: A New Generation of Artists.” The renewed investment aims to bolster access, scholarship, and preservation of public knowledge.

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