Editor
Chanel Ltd. is buying a minority stake in Swiss watch brand MB&F in a deal that will give the independent watchmaker financial security while boosting the French fashion brand’s standing in the high horology industry.
The Max Büsser & Friends brand, known for unusual designs and innovative movements, will sell a 25 percent stake to Chanel, the Geneva-based company said in a statement Thursday.
The stake sale, coming after MB&F tripled…
