Kering announces the sale of Girard-Perregaux and Ulysse Nardin to their Management

[Russell996]

Originally Posted by Jimbo

I know this is off topic, but does anyone have opinions about Watchbox buying a big stake (was it majority stake?) in De Bethune?

It's one thing to have a watch conglomerate or luxury brand purchasing a watchmaker, but it feels kinda funny a luxury watch reseller would put such a stake in a watchmaker.

Watchbox has been pounding buyers on De Bethune to the point that it's kinda become cliche. But now there is a clear financial incentive to keep pushing the brand.

It seems like a move that will open Watchbox to more criticism about its credibility when it comes to watch recommendations.

It's a small world, Richemont own Watchfinder.