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The Financial Times stated that in 2022 there was market of over a billion dollars for grey market Swiss watches such as Rolex, Breitling, IWC, Cartier, Patek Philippe, Audemars Piguet, Breguet and Bulgari. [28] [29] Barron's has said that in 2017 fine Swiss watches were available for up to 40% lower prices from the grey market.
Swiss watch brand Christelle Rosnoblet (CEO) Squale Watches: 1959 Neuchâtel: Charles von Büren Chiasso: Andrea Maggi, Massimo Maggi Swatch: 1983 Biel: Subsidiary: The Swatch Group: Nick Hayek Jr. (chairman, president) TAG Heuer: 1860 [1] Saint-Imier [1] Edouard Heuer [1] [2] La Chaux-de-Fonds: Wholly owned subsidiary: LVMH: Frédéric Arnault ...
A homage watch is distinct from a counterfeit as it is a totally legal watch, imitating the design characteristics of a well-known watch without directly infringing on its intellectual property. These are timepieces designed to be as similar as possible to iconic watches, and usually of high quality, while avoiding the use of trademarked names ...
Ebel has long sponsored the work of famous architects such as Le Corbusier (who was born in La Chaux-de-Fonds), Andree Putman, or — in the early 1990s — contemporary Swiss painters, such as Jean Arcelin. In 1986, the Villa Turque, an early masterpiece of Le Corbusier, was acquired by the group for its 75th anniversary.
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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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