Chanel is introducing a diver model of their popular J12 Marine watch for the summer. This elegant timepiece is 300 meters water-resistant and has a mechanical Swiss movement enclosed within a ceramic steel case with a rubber strap. The most appealing aspect of the watch is the rotating bezel, which is either blue, white or black. Pricing is expected to be marked around ($5,000). I know that’s pretty steep, but what’d you expect from a Chanel branded watch.