luxury watch industry

Incredible to acquire 42% stake in Hong Kong watch trading firm Golden Ultra for HK$84 mil - THE EDGE SINGAPORE

M&A

Incredible to acquire 42% stake in Hong Kong watch trading firm Golden Ultra for HK$84 mil

The purchase price represents a 44.6% premium over the independent valuation of HK$58.1 mil for the 42% stake.

Adding The Hour Glass as luxury watch sales recover

(Oct 16): The improvement in the luxury watch industry this year appears set to continue. From January to August, the total export value of Swiss watches rose 1.2% y-o-y to CHF12.6 billion ($17.6 billion), according to the Federation of the Swiss Watch In
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