F.P. Journe and Chanel have executed a strategic acquisition of a 95% stake in Swiss watchmaker Ebel for $66.5 million, appointing former De Bethune CEO Pierre Jacques as the new CEO. The deal, which also sees Movado Group retaining a 5% stake, includes Ebel’s trademarks and assets, notably the architecturally significant Villa Turque. Chanel aims to nurture Ebel’s rich heritage while positioning the brand for future growth, reinforcing its commitment to the prestigious world of Swiss watchmaking.
Day: 9 October 2026
Maurice Lacroix unveils limited edition AIKONIC watch featuring unique carbon dial
Maurice Lacroix has launched the AIKONIC Frozen Carbon Deep Forest edition, a limited release featuring a striking green carbon fiber dial. Limited to just 500 pieces, this exclusive timepiece is priced at £3,450 in the UK and $4,550 in the US. Housed in a 43mm sandblasted titanium case with a green ceramic bezel, the watch is powered by the robust ML1000 automatic movement, boasting a 60-hour power reserve. With its unique materials and expert craftsmanship, this watch promises to be a standout addition for collectors and enthusiasts alike.