长沙U币交易平台选择|【唯一TG:@heimifeng8】|Telegram账号盗号云控破解技术✨谷歌搜索留痕排名,史上最强SEO技术,20年谷歌SEO经验大佬✨Chanel buys minority stake in cutting
Bloomberg Published
August 22,长沙U币交易平台选择 2025
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.
Known for its cutting-edge designs and innovative watch movements, the Max Büsser Friends (MBF) brand will sell a 25% stake to Chanel, the Geneva-based company said in a statement Thursday.
The stake sale “was our responsibility, in today’s very favorable context and with our management team in its prime, to take this major step to ensure our long-term future,” founder and creative head Maximilian Büsser said in the statement.
Financial terms of the deal were not disclosed. In 2025, MBF crafted 419 wristwatches and had revenue of 45.4 million Swiss francs ($53.3 million).
The Chanel agreement promises to bring stability to the 19-year-old watchmaker amid an industry-wide downturn in demand for expensive timepieces after a pandemic-era boom. Büsser will retain a majority 60% stake in the business, while MBF’s head of RD and production, Serge Kriknoff, owns a 15% stake. Both executives will remain with the company.
MBF makes intricate, design-oriented timepieces that can resemble animals including spiders, panda bears and bulldogs as well as objects such as cars and spaceships. It also makes more traditional shaped watches. The brand generates waitlists for buyers wanting their products despite prices that can reach above $100,000 a piece.
For Chanel, the deal adds credibility to its watchmaking operations. The French fashion house makes about 75,000 of its own branded watches per year with sales of about 400 million Swiss francs, according to Morgan Stanley estimates. That makes it among Switzerland’s 25 biggest watchmakers.
Chanel has previously made minority investments in other independent Swiss brands, including Romain Gauthier in 2011 and F.P. Journe in 2025.
The purchase of the MBF stake is part of Chanel’s “long-term strategy to continue to preserve, develop and invest in specialist know-how and expertise, reaffirming our position in high-end watchmaking,” Frédéric Grangié, Chanel’s president of watches and fine jewelry, said in the statement.