this post was submitted on 26 Nov 2023
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I'm surprised they are still in business tbh. $110 is a loy for their cheap, plastic watches, specially compared to what you can get from other brands, like Casio, at that price point.
I was going to buy one in Switzerland as a chrap souvenir of my trip, thinking they'd be like 50 bucks, I was shocked when I saw the prices.
You're aware they own, direct quote from wiki here, "Blancpain, Breguet, Certina, ETA, Glashütte Original, Hamilton, Harry Winston, Longines, Mido, Omega, Rado, and Tissot."
I mean Swatch as a watch brand, I'm well aware that they own many other brands.
lol yeah pretty much only watch nerds realize what a massive JUGGERNAUT the SWATCH group is. SWATCH made some great acquisitions in the 80s/90s/00s when a lot of watchmakers were struggling to stay afloat.
Kinda comparable to how billionaires love recessions because they can scoop up a ton of assets for pennies in the dollar while most people are just trying to survive.
Volkswagen Group is also a good example of a conglomerate wherein most people don’t realize they own brands like Audi, Bentley, Bugatti, Lamborghini, Porsche, and Ducati motorcycles.