jporos
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Chanel has put out some interesting watches...
Sep 15, 2018,13:29 PM
particularly the J12 series and particularly the J12 Marine. I think these watches are underrated. A partnership between Chanel and F.P. Journe could produce some very interesting watches...
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;) [nt]
By: amanico : September 14th, 2018-13:42
Kind of like NY and NJ.
By: TheMadDruid : September 14th, 2018-14:20
Never say to a guy from Jersey "oh, you're from New York?"
:) [nt]
By: amanico : September 14th, 2018-17:24
?
By: PalmSprings : September 20th, 2018-13:49
Which shop? From Antwerp? Then I know enough.
Dear friends of the brand FP Journe, First I was shocked...
By: ChristianDK : September 14th, 2018-13:09
I dont know more than you do - we still need this to be confirmed officially... So after swallowing the news of this, perhaps it is not so bad after all. - Look at who owns Chanel! Here are my thoughts as of this moment: First I thought, if they are givin...
thank you, Jay...
By: ChristianDK : September 14th, 2018-14:21
.....for the very good questions you pose....And I cant offer a good response to a single one of them. As you, with your fine sense of humour, put it, we need an investment banker here.... ;-) I am just a poor soul who hopes for the best. We will only kno...
yes that is a good example also.
By: ChristianDK : September 14th, 2018-14:11
but there is a future beyond the founders. As buyers of these products, we can only hope that the owners choose a good path for the brands... Our watches are going to be around for a long time.....
Probably not at all comparable...
By: vitalsigns : September 14th, 2018-14:37
But I had hoped Journe could have accomplished something akin to what Rolex did many years ago with the company held in trust and operated independently. Two vastly different companies and economic circumstances, of course... Cheers, John
I understand your feelings very well, John
By: ChristianDK : September 14th, 2018-14:47
As it is a very pure model. But most of the watch brands have changed hands several times. Patek was sold to a dial manufacturer in the 30’ies. And that went pretty well. My guess is that FPJ will try to steer clear away from the big groups because they a...
The info comes from a fan of the brand and not
By: alex : September 14th, 2018-14:52
Journe so let’s wait and see. In any event F.P. Journe was just a sharehlholder in his company, the biggest shareholder being a private Swiss businessman. Selling a stake to the owners of Chanel, seems like a good idea as the Wertheimer brothers seem to b...
Thank you
By: ChristianDK : September 14th, 2018-21:29
As I unfortunately don’t speak French, I’m hoping some kind soul here can translate the important bits, please. Thank you 🙏
Thank you, Alex :-)
By: ChristianDK : September 15th, 2018-00:52
So pretty much what we guessed. I guess it is smart to do something while he is not too old and with his back against the wall and while the economy is still good.
I’m really glad
By: GreatPilot@me.com : September 14th, 2018-16:44
I purchased my CB and Vagabondage II/III before this happened. I have been a fan for about 3 years and love the brand, not that Chanel will hurt it by infusing money and help but I predict it will never be the “cool” company we love any longer...Jim
Jim - that’s EXACTLY how I feel too.
By: Bounce781 : September 15th, 2018-03:35
This Chanel deal is good for FPJ the man, and possibly for the continuation of the brand after he retires. BUT, the “romance” of the FPJ as a true artisan independent is a bit lost in my mind (silly - I know). Will be interesting to see if there will be a...
I honestly don’t see a reason for that
By: Mohannad (aka Riddler) : September 15th, 2018-04:28
Selling only 20%. Doesn’t mean your not an artisanal independent Richard mille has AP owning 20% Same goes for GF with Richmont they own 20% They are both very successful and stronger than before even They maintain their ethos and philosophy
You are probably right, M!
By: Bounce781 : September 15th, 2018-05:47
But I recall hearing an interview with Kari Voutainen on a podcast (KeepingTime, I think), and what he said really resonated with me. He said (not a verbatim quote): “what I’ve always wanted as a watchmaker was to be independent. No partners, finance help...
It's a deal between friends, apparently.
By: Spangles - Dr. Tabby : September 15th, 2018-11:37
The best source on this so far: thejourneguy.com Chanel's owners are friends of Mr. Journe, they are silent partners and receive no dividends, and the money from the sale is reinvested entirely. It is a deal very favorable for FPJ, almost not making s...
Chanel has put out some interesting watches...
By: jporos : September 15th, 2018-13:29
particularly the J12 series and particularly the J12 Marine. I think these watches are underrated. A partnership between Chanel and F.P. Journe could produce some very interesting watches...