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It is a subsidiary of Cortina Holdings Pte Ltd, a publicly traded company listed on the Singapore Exchange (SGX: C41). [2] The company specialises in the distribution and retail [3] of high-end timepieces [4] and offers a range of watch brands, including Rolex, Patek Philippe, Cartier, Chopard, Franck Muller, H. Moser & Cie, Parmigiani, Tudor ...
It was the first UK website dedicated to the online sale of second-hand watches when it started in 2002. [3] It was the first retailer to offer a "buy-back guarantee", in which the company refunds the cost of a watch if returned in good condition after two years. [5] It services and repairs at least 600 watches per month in-house. [6]
The Hour Glass Limited (SGX: AGS) [1] is a Singapore-based specialty luxury watch retail group. [2] The Hour Glass' has multi-brand and standalone boutiques in Singapore, Kuala Lumpur, Bangkok, Phuket, Ho Chi Minh, Hanoi, Hong Kong, Tokyo, Sydney, Melbourne and Brisbane. [3] It works as the official retailer for a number of luxury watch brands. [4]
Rolex says 48 of those locations also sell Tudor watches, which Rolex owns as well. According to the Tourneau | Bucherer website, the retailer operates 34 locations in the US.
Creation of the Panthère de Cartier watch. 1984 – Launch of the second New Jewellery collection on the theme of gold and pearls. Creation of the Fondation Cartier pour l'Art Contemporain in Jouy-en-Josas. 1985 – Launch of the Pasha de Cartier watch. [3] 1986 – Launch of the third New Jewellery collection on the theme of the panther.
As of 2023, Compagnie Financière Rupert, a Swiss company that holds shares controlled and principally owned by Johann Rupert, was the only significant shareholder of Richemont with 3% or more of the voting rights.
Rolex watch in original packaging. Rolex SA (/ ˈ r oʊ l ɛ k s /) is a Swiss watch brand and manufacturer based in Geneva, Switzerland. [2] Founded in 1905 as Wilsdorf and Davis by German businessman Hans Wilsdorf and his brother-in-law Alfred Davis in London, the company registered Rolex as the brand name of its watches in 1908 and became Rolex Watch Co. Ltd. in 1915.
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.
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