Word: perregaux
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...Signs of the downturn's unusual nature are apparent everywhere. "Recession!" shouts the ad in the Khaleej Times, a daily newspaper in the United Arab Emirates port city of Dubai. "Gold watches at half the actual price!" That is unlikely to mean a steal, however, since the Girard Perregaux timepieces normally cost...
...Hamilton came out with its $2,100 quartz-crystal Pulsar, and last month Japan's Seiko brought its three quartz timepieces to the U.S., the cheapest selling for $450. This week Benrus will introduce the first quartz watch for women. Among the Swiss companies, Omega, Piaget, Girard Perregaux and Longines are selling quartz watches at prices from...
...should have been sobered by news of closed factories, abandoned farms and shuttered stores that reveal the extent of the economic paralysis caused by the flight of Europeans. Once prosperous Orleansville looks like a ghost town with only a few tattered Moslems on its wide boulevards. At Perregaux, where 20,000 Europeans lived, there...
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