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Letter from the Publisher

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• 368 Grand Complications, Vol. VII<br />

What o<strong>the</strong>r new products are you<br />

launching this year?<br />

We are paying tribute to La Première,<br />

our historic watch. When it was<br />

released in 1987, Chanel was one of<br />

<strong>the</strong> first Houses to get involved in<br />

Swiss Made watchmaking. The<br />

piece was very innovative at <strong>the</strong><br />

time, combining elements <strong>from</strong> <strong>the</strong><br />

world of accessories, fashion and<br />

horology. And it’s still here! This<br />

year we are proposing a “Vintage<br />

1987” series in gold, equipped with a<br />

quartz movement.<br />

So you were one of <strong>the</strong> first fashion<br />

brands…<br />

We are <strong>the</strong> very opposite of a “fashion”<br />

brand, which changes with every trend.<br />

On <strong>the</strong> contrary, we create <strong>the</strong> trends!<br />

We have an exclusively “Swiss Made” approach, for <strong>the</strong><br />

long term—and we have never abandoned a product. It’s<br />

a very thorough, in-depth approach. Around 230 people<br />

work at our office in La Chaux-de-Fonds in Switzerland,<br />

and horology is <strong>the</strong> third domain of Chanel, after fashion<br />

and fragrances.<br />

What goes on at your branch in La Chaux-de-Fonds?<br />

That was <strong>the</strong> site of <strong>the</strong> Châtelain business, which<br />

was acquired by Chanel in 1995. It created cases, buckles<br />

and bracelets. Since <strong>the</strong> acquisition, we have been<br />

utilizing it for all of our horological operations besides <strong>the</strong><br />

production of <strong>the</strong> movements <strong>the</strong>mselves: mounting,<br />

encasing, setting, etc. We also do work in ceramic, gold,<br />

steel and titanium <strong>the</strong>re. The business has remained<br />

autonomous, and Chanel is one client of Châtelain,<br />

among o<strong>the</strong>rs.<br />

For watch movements, you are currently working with<br />

ETA (Swatch Group) for La Première and some of <strong>the</strong> J12<br />

models, and with Audemars Piguet (Renaud & Papi) for <strong>the</strong><br />

grand complications. Do you foresee o<strong>the</strong>r partnerships in<br />

your future?<br />

No, we prefer to work with <strong>the</strong> fewest number of partners<br />

possible. It’s important to work with just a few people,<br />

but over <strong>the</strong> long term, if only to facilitate <strong>the</strong> logistics of<br />

after-sale service.<br />

Are you planning on going <strong>the</strong> o<strong>the</strong>r way entirely<br />

and vertically integrating all of your watch production<br />

at Chanel?<br />

For Chanel, a watch is a creation, and creation must have<br />

<strong>the</strong> fewest number of constraints possible! If we started<br />

to make movements, we would have to talk dimensions,<br />

lines, proportions, etc, and we would run <strong>the</strong> risk of making<br />

watches just for <strong>the</strong> movements within. We don’t want to be<br />

influenced in that way. In 2008, we created a small version of<br />

<strong>the</strong> Première, and ETA offered us a small quartz movement<br />

that was perfect for <strong>the</strong> piece. We work with consummate<br />

professionals and that has served us quite well.<br />

Out of your entire watch production, what is <strong>the</strong> division<br />

between quartz and mechanical movements?<br />

The split is about 40 percent quartz, 60 percent mechanical.<br />

But it’s not a conflict for us: Swiss Made quartz movements<br />

work very well. Occasionally, certain women even ask us to<br />

replace <strong>the</strong>ir automatic movement with a quartz one!

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