Luxury fashion brand Chanel has bought a cashmere mill in the Scottish Borders after its owners went into administration.
Chanel has taken over Barrie Knitwear in Hawick, securing the jobs of its 176 staff.
Dawson International, which ran the mill, appointed administrators in August after the company was requested to pay a £129 million debt in its pension scheme.
The mill manufactures cashmere clothing for fashion houses and department stores around the world.
Chanel fashion president Bruno Pavlovsky said: "The acquisition of Barrie is all the more natural as the factory has worked with us for more than 25 years, producing cashmere knitwear including Chanel's iconic two-tone cashmere cardigans.