this post was submitted on 26 Nov 2023
1 points (100.0% liked)
Watches
0 readers
1 users here now
A community for watch & horology discussion.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
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.