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Horological Meandering

The supplier base is far from stable and reliable these days 🤷🏻‍♂️

 

Like in the automotive world, the OEMs have partially brought the situation about and let’s not forget that a lot of watch making businesses in Switzerland these days have workers on a furlough scheme (i.e. not working) as the business is down. So it would not surprise me if some businesses were to start offloading their watch portfolios like Richemont seems to have started with the weaker brands…

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