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The North American President of Movado is Alan Chinich. On February 23, 1999, Movado Group, Inc. completed the sale of Piaget's business to VLG North America, Inc., for approximately $30 million. [8] In August 2018, Movado acquired watch startup MVMT, which was founded in 2013, for more than $100 million. [9] [10]
Under Sandoz's leadership, the company became the Cyma Watch Company and built the Cyma factory in La Chaux-de-Fonds, Switzerland in the Jura Mountains, near Le Locle. Both towns had been the center of the Swiss watchmaking industry during the 19th century. In 1959 the brand was bought by the Heuroplan group, joining Movado, Eska and Nappey. [4]
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 ]
Movado's advertising of the period claimed that the Ermeto represented "Le troisième âge de la montre" (The third age of the watch), following the era of the pocket watch and the wrist watch. [8] The product's success made that firms such as Cartier, Hermès, Tiffany, Van Cleef & Arpels, etc. were interested in it, hence the Ermetos sold with ...
The company continued to produce watches under these names. [12] HW Holding Inc., owner of Harry Winston, Inc., an American jewellery and luxury watch company, was acquired on 26 March 2013 for 711 million Swiss francs. [13] Nayla Hayek became the CEO. The company bought the world's biggest flawless blue diamond, The Winston Blue, on 15 May ...
MVMT Watches Inc. (pronounced "movement") [1] (or simply MVMT) is an American watchmaker that sells quartz watches, [2] as well as sunglasses and other accessories. [1] The company was founded in June 2013 and was acquired by Movado in August 2018.
A Patek Philippe pocket watch. This list of most expensive watches sold at auction documents the watches sold at auction worldwide for at least 1.5 million US dollars. The final price listed is the total price paid by the buyer converted to US dollars, according to the currency exchange rate at the time of auction.
The only mark on the watch was a single gold dot at the twelve o'clock position, intended to be evocative of a sun dial. The original Museum Watch, designed in 1947, manufactured by Vacheron & Constantin-Le Coultre Watches, Inc., Switzerland, was added to the permanent collection of the Museum of Modern Art in 1960. [1] [3] [4]
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