×
260
Fashion Jobs
LIFESTYLE BRANDS
Senior Executive - Accounts - Bangalore
Permanent · BENGALURU
RELIANCE INDUSTRIES LTD
Hiring For Sales Officer & Soit : Reliance Retail - Ajio Business
Permanent · HYDERABAD
ADLIB MANAGEMENT SERVICES PVT LTD
Opening Retail Sales Officer in Large Format Apparel Store Hyderabad
Permanent · HYDERABAD
RELIANCE INDUSTRIES LTD
Hiring For Sales Officer & Soit : Reliance Retail - Ajio Business
Permanent · TIRUPATI
RELIANCE INDUSTRIES LTD
Hiring For Sales Officer & Soit : Reliance Retail - Ajio Business
Permanent · TIRUPATI
SIYARAM SILK MILLS LTD
Area Sales Officer/Executive - (Fabric)
Permanent · Chennai
RELIANCE INDUSTRIES LTD
Hiring For Sales Officer : Reliance Retail - Ajio Business
Permanent · ADILABAD
JOB SEARCH
Sales & Marketing Executive From Product Vertical : Garment Packaging
Permanent · Bengaluru
RELIANCE INDUSTRIES LTD
Hiring For Sales Officer-Reliance Retail- Ajio Business- Tamil Nadu
Permanent · TIRUCHIRAPPALLI
GLAN MANAGEMENT CONSULTANCY
General Merchandising Manager- Garment Export
Permanent · NEW DELHI
RELIANCE INDUSTRIES LTD
Hiring For Sales Officer : Reliance Retail - Ajio Business
Permanent · Rajahmundry
RELIANCE INDUSTRIES LTD
Sales Officer - Saree Specialist - Chennai t.Nagar
Permanent · CHENNAI
RELIANCE INDUSTRIES LTD
Hiring For Sales Officer : Reliance Retail - Ajio Business
Permanent · HYDERABAD
SPACE CONSULTANTS
Manager-Sales&Marketing
Permanent · Bhiwani
RELIANCE INDUSTRIES LTD
Hiring For Sales Officer : Reliance Retail - Ajio Business
Permanent · PANCHKULA
GENIUS CONSULTANTS LIMITED
HR Executive(Female)@Leading Hosiery Manufacturing Company in Agarpara
Permanent · KOLKATA
SHOPPERS STOP LTD
Unit HR Head
Permanent · MUMBAI
FLOOR & FURNISHINGS INDIA PRIVATE LIMITED
Sales Executive/ Sales Officer
Permanent · PANCHKULA
SELECTIVE GLOBAL SEARCH PVT. LTD.
Retail Sales Executive
Permanent · MUMBAI
RELIANCE INDUSTRIES LTD
Hiring For Sales Officer : Reliance Retail - Ajio Business
Permanent · HALDWANI
RELIANCE INDUSTRIES LTD
Hiring For Sales Officer : Reliance Retail - Ajio Business
Permanent · Aligarh
SREEDHARA TEXTILES PRIVATE LIMITED
Deputy Manager - Fabric
Permanent · COIMBATORE

Chanel buys stake in Swiss watch movement manufacturer Kenissi

By
AFP
Translated by
Nicola Mira
Published
today Jan 7, 2019
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

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 © 2020 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.