Chanel Minority stake in Montres Journe SA
With this stake, Chanel enables the brand to continue its development by ensuring its sustainability, as well as its autonomy.
Chanel expresses its desire to preserve and develop expertise and to support independent watchmakers who share the same values of creation by taking a minority stake in Bell & Ross in 1998 and then in Romain Gauthier in 2011. In 2018, the brand strengthens its role in prestigious Watchmaking by making this move with Montres Journe SA.
François-Paul Journe created his first watch in Paris 1982. Since 1999, Montres Journe SA has been making and selling luxury watches under the name of "F.P. Journe Invenit et Fecit". Located in the heart of Geneva, the Manufacture designs, develops and produces its movements, cases and watch faces. The production, deliberately limited to 900 watches a year, aims to maintain the exclusivity of the designs.
Chanel’s stake will enable Montres Journe SA to continue its development by ensuring its sustainability, as well as its autonomy.
Through her life, Gabrielle Chanel embodied strength, character and a fierce desire for independence. Maison CHANEL, avant-garde and constantly innovative, has come down through the decades to become an unmistakable symbol of distinction, elegance and refinement.Find out more >
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