Published September 27, 2024 With Watches of Switzerland celebrating its 100th anniversary this year, the company is aiming to differentiate itself and is focusing more heavily on independent brands. It said this week that its Knightsbridge showroom will be the key location to find a selection of such labels. MB&F The company explained that there’s...
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Chanel buys minority stake in cutting-edge Swiss watchmaker MBF
By Bloomberg Published Aug 22, 2024 Chanel Ltd. is buying a minority stake in Swiss watch brand MBF in a deal that will give the independent watchmaker financial security while boosting the French fashion brand’s standing in the high horology industry. See catwalkChanel – Cruise Collection2025 – Womenswear – Marseille – ©Launchmetrics/spotlight Known for its...
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Chanel heir becomes Switzerland’s richest resident, Bilanz Says
By Bloomberg Published Nov 25, 2023 Chanel heir Gerard Wertheimer became the richest Swiss resident after the post-pandemic boom in luxury goods boosted his wealth to as much as 42 billion Swiss francs ($47.6 billion) last year, according to Bilanz magazine. See catwalkChanel – Spring-Summer2024 – Womenswear – Paris – © Launchmetrics Wertheimer, who controls...