×
125
Fashion Jobs
SUPER FASHION
Manager -Accounts & Finance(For Garment Export House)
Permanent · Faridabad
LIMEAPPLE APPAREL
Ecommerce Expert With Digital Marketing Skills
Permanent · CHENNAI
EXCELLENTIA CAREERS HIRING FOR RENOWNED WELLNESS COMPANY
jO-Studio Manager/ Front Office-Pune, Ahmedabad, Gurgaon, Delhi, Surat
Permanent · Pune
GOKALDAS EXPORTS LTD
Factory Manager - Doddaballapur
Permanent · Tumakuru
SIYARAM SILK MILLS LTD
Area Sales Officer/ Area Sales Manager - Fabric Dtr
Permanent · Chennai
PSEXPORTS AND CONSOLIDATES PRIVATE LIMITED
sr.Merchandiser/ Merchant Manager/ Quality Incharge/ Fabric Manager
Permanent · Chennai
HUNGRY BIRD CONSULTING SERVICES PVT LTD.
Jewellery Sales Executive - Jewelry Store
Permanent · Hyderabad
SIYARAM SILK MILLS LTD
Regional Sales Manager Fabric - South Region (India)
Permanent · Chennai
SIYARAM SILK MILLS LTD
Regional Sales Manager - South (Chennai)
Permanent · Chennai
SIYARAM SILK MILLS LTD
Regional Sales Manager Dtr - South (Chennai)
Permanent · Chennai
TALENT INDIA
General Manager/vp - HR (Garments / Textile Industry) Urgently Rqd
Permanent · Bengaluru
HUNGRY BIRD CONSULTING SERVICES PVT LTD.
Jewellery Sales Executive - Jewelry Store
Permanent · Hyderabad
SODEXO
Hiring Facility Manager-Technical at Hyderabad Location
Permanent · Hyderabad
ISHIN
E-Commerce Head
Permanent · Mumbai
NIKE
Senior Dynamic Application Security Tester – Cis, Icc, India
Permanent · Bengaluru
NIKE
Lead Technical Product Manager – p&m, Icc, India
Permanent · Bengaluru
NIKE
Lead Product Manager, India – ed&a Icc
Permanent · Bengaluru
PVH
Manager, Business Solutions
Permanent · Bengaluru
NIKE
Identity And Access Management (Iam) Security Operations Engineer, India – Cis Icc
Permanent · Bengaluru
NIKE
Expert Security Incident Coordinator, India – Cis Icc
Permanent · Bengaluru
NIKE
Software Engineer Iii - Inventory Order, India - Move Icc
Permanent · Bengaluru
NIKE
Software Engineer ii – Move, Icc
Permanent · Bengaluru
By
AFP
Translated by
Nicola Mira
Published
Jan 7, 2019
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Chanel buys stake in Swiss watch movement manufacturer Kenissi

By
AFP
Translated by
Nicola Mira
Published
Jan 7, 2019

On Monday, Chanel announced it has bought a stake in Swiss watch movement manufacturer Kenissi, only a few months after doing the same with Geneva watch brand F.P. Journe.


Luxury Parisian label Chanel continues to invest in the watches sector - Chanel.com


The luxury group did not specify the value of the stake it bought in Kenissi, nor how much the investment was worth, and underlined in a press release that the operation allows it “to continue to strengthen its position as a player on the prestige watches market.”

Chanel emphasised the continuity with “the approach first introduced in 1993 with the acquisition of [watch] manufacturer G&F Châtelain in La Chaux-de-Fonds, Switzerland, as [Chanel] wants to endow its creations with cases and movements of the highest quality.”

Kenissi is a “new Swiss producer of automatic movements, and offers a range of extremely durable high-performance watch calibres. It is currently based in Geneva, and will move to a new facility in Locle in 2021,” wrote Chanel in the press release.

The luxury group also announced that, at next March’s Baselworld international watch industry show in Basel, it will present “a new creation equipped with an automatic movement produced by Kenissi.”

Last September, Chanel announced it bought a “minority” shareholding in watch manufacturer F.P. Journe, a high-end Geneva brand whose output is limited to only 900 watches per year.

In 2017, Chanel, which is owned by the Wertheimer brothers, generated a revenue of $9.6 billion (€8.39 billion) with its Chanel Limited holding company.

Copyright © 2021 AFP. All rights reserved. All information displayed in this section (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the contents of this section without the prior written consent of Agence France-Presses.