But Buffett remained tight-lipped concerning rumored targets such as the private German candy-maker Haribo and Swiss watch-maker Swatch Group .
The value for watches from common Swatch Group brands such as Tissot or Longines will not likely increase in value.
The Swatch Group Ltd. said late Tuesday that it has successfully completed the acquisition of the jewelry and timepiece retailer.
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Swatch Group--which brought a renewed sense of excitement and fashion to mechanical timepieces when the traditional industry was reeling--opened the Nicolas G.
Four watchmakers backed the initiative: Suunto of Finland, Fossil of Texas, and Tissot and Swatch, both members of the Swatch Group of Switzerland.
We also see prices going up in watches from the early 70s before Richemont, Swatch Group and LVMH started buying out many brands.
The Swatch Group's support for smart watches is significant, since this conglomerate of Swiss watchmakers accounts for some 25% of global watch sales by value.
And that allowed lawyers for Omega owner Swatch Group to pounce.
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Tiffany issued a statement at about 11:30 a.m. disputing the claims of Swatch Group saying that the watch company failed to uphold its end of the agreement.
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He drafted an analysis that was eventually accepted, and then he was asked to manage the newly formed consolidated company that was to become the Swatch Group.
He eventually managed to consolidate much of the industry into the highly successful Swatch Group, deploying a unique combination of business insight and organizational and people management.
In 2005, Margolis was approached by Jean-Claude Biver, a very successful figure in the Swiss watch industry, who at the time was working for the Swatch Group.
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But Buffett remained tight-lipped concerning rumored targets such as the private German candy-maker Haribo and Swiss watch-maker Swatch Group (other-otc: SWGAF - news - people ).
The Swatch Group brand, Omega, is the official timekeeper for the Olympics, which meant that the company had major marketing expenses during the 2012 London Summer Olympic Games.
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The Swatch Group said Monday that it will end its partnership with Tiffany to make branded watches for the luxury jeweler and will seek compensation for the loss of business.
FORBES: Update: Swatch Group Ends Partnership with Tiffany & Co.
Another formidable competitor is Swatch Group, better known for the cheap plastic watches that helped save Switzerland when the quartz revolution looked as if it would relocate the entire watch industry to the Far East.
For the Atlantic games in 1996 the timing of the races among other things was governed by the parent Swatch, whereas, in Sydney, in 2000, it reverted to Omega, one of the watches in the Swatch group.
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It is part of the Swatch Group, it is the only watch to have been worn on the moon and I for one am not about to argue with 007 whose timing is never less than perfect.
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The Vice President for Tissot, the affordable luxury watch brand owned by the Swatch Group, told Reuters in an interview last week that the company will make fewer watches to save on production costs rather than pass higher prices into clients.
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