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Concord Watch Company is a Swiss luxury goods company that is part of the Movado group, which produces and distributes Movado, Ebel, Coach, and Hugo Boss-branded watches. Founded in 1908, Concord was purchased in 1970 by the North American Watch Company, which also distributed the Piaget and Corum lines of watches. [1]
In 1956, Speidel introduced men's jewelry. [36] The move was designed to diversify its inventory, and fend off increasingly heavy competition from Japan. Speidel also changed its method to sole distributors, in strategic geographic locations, and built a sales force to cover the United States.
The watch was an 18-size, full plate design. In 1869, the National Watch Company won "Best Watches, Illinois Manufacture" at the 17th Annual Illinois State Fair, for which it won a silver medal. [3] The company officially changed its name to the Elgin National Watch Company in 1874, as the Elgin name had come into common usage for their watches.
In the United States, the quality of gold-filled composite is defined by the Federal Trade Commission (FTC). If the gold layer is 10kt fineness, the minimum weight of the plated layer on an item stamped gold-filled marks according to the Federal Trade Commission (FTC) must equal at least 1 ⁄ 20th of the total weight of the item.
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