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The Swatch Group Ltd is a Swiss manufacturer of watches and jewellery. The company was founded in 1983 through the merger of ASUAG and SSIH , moving to manufacturing quartz-crystal watches to resolve the quartz crisis threatening the traditional Swiss watchmaking industry.
Harry Winston, Inc. is an American luxury jeweler and producer of Swiss timepieces. [2] [3] The company was founded in 1932 as Harry H. Winston Jewels, Inc. and changed its name to Harry Winston Inc. in January 1936.
On Monday, Harry Winston Diamond Corp. announced it has entered into an agreement to sell its luxury diamond jewelry and timepiece division to Swatch for $750 million. Additionally, Swatch will ...
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 ...
Richemont and Polo Ralph Lauren Corporation formed a 50/50 joint venture called The Polo Ralph Lauren Watch and Jewelry Company, S.A.R.L., in March 2007. [34] The joint venture lasted until 2018. [ 35 ]
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ETA designs and manufactures mechanical and automatic watches, watch movements and watch ébauches.Although the company produces finished watches and movements, ETA specializes in the production of ébauche movements used both in watches of sister Swatch Group subsidiary brands and in the watches of competitors, including brands owned by Compagnie Financière Richemont S.A. and others.
Although the prospect of a mild recession in 2023 has weighed on many retailers and industries, jewelry is a more resilient category than others, Signet Jewelers (SIG) CEO Gina Drosos said.