Industry News – Chanel Takes a 20% Minority Stake in F.P. Journe
Chanel, a high-fashion house known for its women’s haute-couture and ready-to-wear clothes, luxury goods, and fashion accessories, has been investing in the watchmaking industry – and for quite some years already. This surprising move, initiated in 1998 with Bell & Ross and in 2011 with Romain Gauthier, now goes one step further with the addition of F.P. Journe in the portfolio of brands supported by Chanel.