What are the three conglomerates in "Masthead".

Jul 07, 2008,00:51 AM
 

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 third? Movado? Bulgari? I'm against these mega partnerships by the way. That's why I'm thinking that Chopard appeals to me.

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Welcome Clayton to PuristSPro...

 
 By: Kong : July 7th, 2008-10:54
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.

 
 By: clayton : July 7th, 2008-13:02
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, . . .

 
 By: Dr No : July 10th, 2008-08:25
. . . 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

 
 By: MTF : July 11th, 2008-12:26
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...