Swatch Group Acquires Simon Et Membrez
Swatch Group recently announced that it has purchased watch case manufacturer Simon Et Membrez for an undisclosed amount. Swatch will acquire 100 percent of the shares and a related 60 percent holding…
As Swatch Cuts Deliveries, Tag Heuer To Use Japanese Seiko Parts
When Swiss rival Swatch cut supply lines, Tag Heuer made the announcement that the brand would be sourcing parts from Japanese manufacturer Seiko. The change, the Watchmaker states, would not harm the…
Swatch Watch Collection Sells For Over $6 Million
A collection of 4,363 Swatch watches from over the years sold in Hong Kong recently for $6,650,00. Swiss businessman Peter Blum and his wife Linda put together prototypes, hybrids and production varia…
