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In the Words of Journe: Why Chanel was Allowed a 20% Stake in the Company
Late last week news went public regarding Chanel acquiring a 20% share in Montres Journe SA, a brand well recognized among watch enthusiasts for it’s independence and complete vertical integration from manufacture to distribution. Whereas the first announcement was posted via Instagram, a more in-depth study can be read here. Following is a translated…
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F.P. Journe Sells 20% Ownership to Chanel: The True Cost of Independence
News broke out yesterday that Chanel had acquired a 20% share in Montres Journe SA which lead to highly unstable responses from the watch community. While the information came to light yesterday; it wasn’t explained and lead to several speculations and some serious uproar, considering the brand had developed a strong reputation and credibility regarding…