29 Nov '16, 6pm

Breaking: Bloomberg reports @Breitling said to be weighing sale

Breitling is one of the very few large luxury watch manufacturers that continues to operate independently of the Swatch Group AG, Richemont, LVMH, and Kering SA. The company was founded by Léon Breitling in 1884, a date that is proudly displayed on the company’s watches, and is best known for its range of pilot watches that it developed in the 1940s. The company was bought by Ernest Schneider in 1979, and it is now run by Ernest's son, Theodore. Earlier this year, it joined a very short list of Swiss watchmakers making connected/smartwatches, when it presented its connected timepiece, the Breitling Exospace B55 Connected . The sale of Breitling is being considered during one of the most difficult periods for the watchmaking industry, which has as been marked by steep declines in sales volume as well as profits, and is currently facing the longest downturn in exports since ...

Full article: https://www.hodinkee.com/articles/breitling-possibly-next...

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