What are the three conglomerates in "Masthead".
Hi, newbie here!! I was just reading the so-called "Masthead" and it said that "three conglomerates" are dominant and strong-arming the watch industry. I'm wondering what the three are?? Two of them would be swatch and richemont, I'm sure, but what is the...
Welcome Clayton to PuristSPro...
The other company should be Audemars Piguet. Any reason you do not favour the conglomerates? Please feel free to discuss. Thanks. Kong
Thanks for reply.
Just a casual observation. Mega conglomerations tend to dilute the identity, character and the geographical synergy between individual brands and the locale that has nurtured them. After a conglomeration goes on a buying spree and takes over multiple bran...
Anheuser-Busch is being taken over because the dollar is cheap, Clayton, . . .
. . . which is entirely a consequence of governmental policies. A-B isn't known for crafting exceptional beer . . . their stock in trade is producing drinkable brew at a reasonable price, and little would change if InBev acquired them other than diversion...
The 3 watches conglomerates
mentioned in the original masthead were: Swatch Group Richemont Group LVHM Group Since then, more luxury groups have formed with watches as major components: Watchland Group (Franck Muller, Pierre Kunz, ECW) MGI Luxury Group (Movado, Ebel, Concord, ESQ, C...