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In early 2013, Fossil introduced their upscale and more expensive "Fossil Swiss" line of watches which are made in Switzerland. [14] [15] In November 2015, Fossil acquired Misfit for $260 million, with plans to incorporate Misfit's technology into traditional-looking watches. [16] In 2021, the company cut their number of employees from 10,200 ...
Finally, any auctioned watch without public online records from auctioneers (e.g. major auction houses) will not be included in the ranking. As of December 2022, the most expensive watch (and wristwatch) ever sold at auction is the Patek Philippe Grandmaster Chime Ref. 6300A-010, fetching US$31.19 million (31,000,000 CHF) in Geneva on 9 ...
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The group divested its interests in Stella McCartney in 2018, [36] Christopher Kane in 2019, [37] and its entire watch division (Girard-Perregaux and Ulysse Nardin) in 2022. [38] In 2023, Kering's annual results declined to 19.6 billion (-4%), mainly caused by the deceleration of Gucci's streak, a transition phase according to the group's ...
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