WatchProSite|Market|Digest

Independents

Good question!

 

FP Journe has a multi-layered plan in place and is kind of like the gold standard for how an independant should prepare to continue after the passing of the founder (which is when the real danger is, I think).

So, in terms of FPJ, I understand the company is backed by some wealthy fans of his work and Mr. Journe has already turned down offers to buy the company from conglomerates. The company is vertically integrated, having purchased a dial manufacture (held in part by VC as well, iirc). Importantly, it has its own watchmaking school, so that's where future watchmakers for the company and even a successor may come from. It has a tight lock on service, but Mr. Journe has said that all the instructions needed for a watchmaker to service each model have been prepared and could be released, if need be, in the unlikely event that FPJ could no longer continue.

  login to reply
💰272 Marketplace Listings for F.P. Journe