Who Owns What: A Guide to the Watch Groups
Every so often the landscape of the watch industry shifts: a key brand gets sold to a major watch group and the balance of power changes ever so slightly. In the last few years, some important changes in the big groups’ holdings have occurred: Harry Winston joined the Swatch Group, Kering acquired Ulysse Nardin, and both Citizen Group and Citychamp have made inroads into the Swiss watch world.
Here are the group rosters of brands:
SWATCH GROUP (Switzerland):
Breguet, Blancpain, Glashütte Original, Harry Winston, Jaquet Droz, Omega, Léon Hatot, Longines, Rado, Union Glashütte, Tissot, Calvin Klein, Balmain, Certina, Mido, Hamilton, Swatch, Flik Flak
Based in Bienne, Switzerland, the Swatch Group is the largest watch company in the world. Of the 8.46 billion Swiss francs ($9.04 billion) in net sales that it reported for 2013, SF8.17 billion ($8.74 billion) came from watches and jewelry. The publicly traded company owns 18 watch brands spanning the entire price spectrum. Breguet is the most expensive among them, while Omega generates the most revenue and is the third-largest Swiss watch brand. Swatch Sistem51
The Swatch Group is the most powerful company in the Swiss watch industry due to the many components makers it owns. Thanks above all to ETA, its movement-production company, the Swatch Group is far and away the top supplier of watch movements to the Swiss industry. It also owns Nivarox-FAR, the top supplier of hairsprings. In keeping with a 2013 ruling by COM...
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