Business
Chanel acquires minority stake in watchmaker Kenissi
Chanel is looking to strengthen its position in the watchmaking market. The French fashion house has acquired a 20 percent stake in Kenissi, a Swiss company making small timepiece parts, Reuters reports. Kenissi joins a number of other watch companies in Chanel’s investment portfolio, which also includes Bell & Ross, Romain Gauthier, G&F...
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