Chanel Becomes Shareholder of MB&F with 25% Stake

Chanel has taken a 25% stake in MB&F, making the luxury French Maison a strategic minority shareholder for the independent haute horlogerie brand.Following Chanel's previous investments in Romain Gauthier in 2011, and F.P. Journe back in 2018, the fashion house continues to steadily expand its involvement within the field of high-end independent watchmaking. MB&F's founder, Maximilian Büsser still owns the majority of the company with 60% of shares. Meanwhile, his business partner, Serge Krikno...