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Girard Perregaux

Swiss Watch Industry was partially guilty, yes. But they couldn't fight against the Quartz Tsunami. Cheap / affordable watches, more accurate than more expensive mechanical watches... Quartz was described as the Future for watches.

 

And a lot of people believed it. Except some hard core collectors, and some brands, such as Rolex, which still offered a lot of their icons ( GMT MASTER, SUBMARINER, Sea Dweller, Daytona, Explorer... ), in parallel with a smaller offer in Quartz...
So it was the Quartz industry who abusively ( but with talent ) stated that Quartz was THE future, the traditional brands which didn't react ( for most of them ), and the buyers who are the culprits, here.

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