Word: blancpain
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European watchmakers are competing for lucrative slices of the China market, but not everyone in the world's fastest-growing economy is interested in a Chopard or a Blancpain. One small clique of collectors prefers to concentrate on homegrown brands - and they don't mean upscale makes. Their obsession is for mechanical watches produced by communist factories from the 1950s to the 1970s, and stems from a mixture of historical curiosity and opportunism. It's an area of collecting that has been barely explored, with no price barriers to entry...
HOUSTON Texan men appreciate the understated style of Blancpain's GMT Anniversary Alarm...
Hayek put up $102 million -- mostly his own money -- and led a group of investors in buying the two companies from the banks. He then merged them, effectively taking control of one-third of the Swiss watch industry, including such famous brands as Omega, Longines, Blancpain, Tissot, Rado and Hamilton. But his big coup was figuring out that a product invented before his arrival could be the high-quality, low-price, plastic quartz watch that would challenge the Japanese at the lower end of the market. The $35-to-$40 Swatch, which reduced by half the usual number of parts...
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