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The Swatch Group is the largest watch company in the world and employs about 31,000 people in 50 countries. [5] The group owns the Swatch product line and other luxury brands, including Blancpain , Breguet , Certina , ETA , Glashütte Original , Hamilton , Harry Winston , Longines , Mido , Omega , Rado , and Tissot .
Société de Microélectronique et d'Horlogerie was the name of the holding company created by the merger enforced by the Swiss Banks in 1983 of the SSIH and ASUAG, renamed The Swatch Group in 1998. [1] Ernst Thomke, previously CEO of Ebauches SA and ETA SA, was appointed to head the newly established conglomerate as its first CEO. He held his ...
Swatch is a Swiss watch company founded in 1983 by Ernst Thomke, Elmar Mock, and Jacques Müller. It is a subsidiary of The Swatch Group.The Swatch product line was developed as a response to the "quartz crisis" of the 1970s and 1980s, in which inexpensive, battery-powered, quartz-regulated watches were competing against more established European watchmakers focused on artisanal craftsmanship ...
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Swatch Group <UHR.S> will be free to supply mechanical watch movements wherever it wants, but won't be allowed to abuse its dominant market position by undercutting rivals' prices, Swiss ...
Member of the Swatch group: The Swatch Group: Franz Linder, President: Minerva 1858 [2] Villeret [2] Charles Robert [2] Mondaine: 1951 Solothurn: Erwin Bernheim Montres Corum Sàrl: 1955 [2] La Chaux-de-Fonds [2] Gaston Ries, Simone Ries and René Bannwart [2] La Chaux-de-Fonds: Management Committee Mouawad: 1890 Beirut: David Mouawad Dubai ...
Swatch Once Again watch. In the early 1980s a group of Swiss banks asked Hayek to oversee the liquidation of ASUAG and SSIH, two Swiss watch-making firms that were in turmoil due to competition from Japan. Hayek believed the Swiss watch manufacturing industry could be competitive and that restructuring operations and repositioning brands would ...