Rumors have been circulating for a few months, Cheap Breitling Replica may be sold, now according to Earlier today, Bloomberg reported that has been traded. Brilliance will be acquired by CVC Capital Partners and is expected to close in June, valued at $ 870 million. Breitling current major shareholder Theodore Schneider Cheap Replica Watches will “reinvest 20% of the shares.” Breitling is one of the last brands of Swiss brands to operate independently, rather than one of the major luxury goods groups.
Bloomberg also reported that the new ownership focus will build brand awareness in China, he said: “CVC may be focused on attracting the reputation of the Breitling Replica Watches in the Chinese market, one of which says that the request is not identified because the plan is private , The company reported sales of 420 million Swiss francs in 2016.
Breitling Replica is one of the Swiss watch brands, is still independent, and most other watch brands have been acquired by competitors, such as Swatch Group AG, Richemont, LVMH and Kering SA. Watchmakers hired a consultant from GCA Altium Ltd. to find buyers, and Wire Watch exports rose for the first time in 21 months in March, ending the longest decline in history as shipments fell for two years. Cheap Breitling Replica industry association said on Thursday. The magnificent demand led to Vacheron Constantin and Cartier and other brands layoffs.
Breitling watches began at about 2,500 francs, celebrity spokespersons including Travolta, Russell Crowe and David Beckham. According to Swiss bank Vontobel in Zurich analyst Rene Weber, the brand may be in 2015 sales of Swiss high-end watches about 5%.
Breitling Replica Watches industry in recent years there have been several brands, because they decline in demand in Asia and the surge in the surge in the Swiss franc. Maurice Lacroix was sold by owner DKSH Holding in 2016 but could not find the buyer. Last year, Citizen Watch of Japan acquired Frederique Constant and Alpina. Corum and Eterna were also acquired by Citychamp Watch & Jewelery Group Ltd. in Hong Kong.
Leon Breitling Replica opened his workshop in Jura in 1884. The brand’s modern chronograph watch creates a way to measure sporting events and flights by separating the stop-start function from the reset button, without putting the hand back to zero. The brand is also known for its emergency watch, which has a personal locator beacon that the wearer can trigger to warn the rescue agency.