CHANEL Buys Stake IN Luxury Watchmaker MB&F
Published:
August 23, 2024
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Yesterday, Chanel announced that it had officially acquired a 25 per cent stake in MB&F, an independent Swiss watchmaking house known for its innovative, conceptual timepieces. Founded in 2005 by Maximilian Büsser, MB&F stands for ‘Maximilian Büsser and Friends’ and operates as a horological concept combining creativity and micro-engineering to create three-dimensional, kinetic art pieces that can tell time and be worn around the wrist.
Chanel’s strategic investment aligns with its long-term and ongoing commitment to preserving and developing luxury watchmaking expertise, solidifying its position in the high-end horologic industry.
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