[: En]The news was released a few hours ago, Chanel has acquired a 20% stake in Montres Journe SA. The announcement immediately caused a sensation in the world of high watchmaking enthusiasts, given that the true charm of the Journe brand is and has always been a strong and faithful vocation for independence.
It should be borne in mind that while the brand has been hugely successful since 1999, it is extremely challenging to be independent in a world of giants like the Swatch Group and Richemont.
In his 30s, the French watchmaker Francois-Paul Journe has managed to impose his mark in the firmament of haute horlogerie, at the same time finding a very important place in the hearts of collectors and professionals. A splendid human and entrepreneurial success. The man and his brand have, in three decades, amassed practically all possible awards and honors.
Born in Marseille in 1957, François-Paul Journe, the year following his graduation from the Paris watchmaking school in 1976, joined the workshop of his uncle, a prominent restorer of old watches in the French capital, before moving to Switzerland to work on the development of complications on behalf of some major local brands. Complete watchmaker, builder and restoration expert, he presented his first collection in 1999. Signed with his name and completed by the Latin motto "Invenit et Fecit".
The works of François-Paul Journe can be considered a contemporary tribute to the great technical achievements in the history of watchmaking, especially those of the eighteenth century. A knowledge that he can interpret in a contemporary style and with a skill that makes him one of the first representatives of this new wave of watchmaking born at the end of the century and now essential.
Chanel's arrival is a good sign, both for the brand and for collectors. Indeed, the luxury group belonging to the Wertheimer brothers has a reputation for respecting the companies it invests in by injecting funds without distorting their image, expertise and functioning.
The goal for Monsieur Journe is, therefore, to ensure a future for his company and Chanel certainly has the potential to support the brand as a silent partner, without interfering with the work of the “MASTER”.[:]