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Montblanc

To answer the question one should ask...

 

ask how many Montblanc watches actually use an in-house movement vs. a quartz or a mechanical movement from Swatch Group (ETA) or Sellita. I would guess that over 90 % of the production (at least in quantity, maybe not value wise) use third-party movements. The Minerva thing is a good marketing move but 30-100 watches per year do not change the core business of Montblanc. The same is true with the two Valfleurier movements which are not representative (though being well priced) of the actual Montblanc production. Therefore I think that it is a bite of a stretch to talk about a manufacture brand when over 90% of the production does not use an in-house movement. This is not a critic but a fact. Anyhow, the manufacture hype will soon be over as most consumers just don't care about it. Panerai became big using ETA  movements and nobody complained. The bestsellers from IWC don't use in-house movements and everybody is happy (especially IWC as the margins are incredible)... What about Breitling? I could continue the list for a while. On the same note, Tag Heuer just announced that it will NOT produce its latest in-house CH80 chronograph movement, although it has been presented in Basel. Why? Probably because it makes the watches too expensive and that the normal Tag buyer just don't care / don't want to pay a premium for an in-house movement.


IMHO the real problem of Montblanc is another. As they have to buy the movements from Swatch or Sellita, they cannot compete price wise against Swatch Group brands like Longines or Tissot which offer a much better quality/price ration (value proposition) and are, in addition, long established watch brands. All this does not make things easy for Montblanc and might explain why it is struggling and Lambert has to fixe it.. Not an easy task...

Just my two cents

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