Search Results for: Claro

Claro Watch SA officially bankrupt

On October 27th we mentionned about possible financial difficulties that Claro Watch SA might be experiencing. This speculation came after the sudden decision of headquarters in Bienne, Switzerland, to shut down the Bellinzona factory. The town of Bellinzona is located South of the Alps, in the Italian-speaking part of the country. Claro Watch SA operates in the field of private label watches and […]

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Claro watch, big trouble in little Switzerland

It seems that Claro watch is having finacial difficulties. The company based in Bienne, Switzerland, called a staff meeting on Monday in their Bellinzona branch to let all 18 employees know about their immediate dismissal. The director is reported to have packed his vehicle with watches before leaving, and the whole factory has been put under seal by the local police force. The local […]

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Swatch Group VS the Rest

After a decade of legal dispute, the Swiss Competition Commission (COMCO) has eventually allowed the Swatch Group to gradually cease supply of movements parts and blanks to competitors. In 29 years of existence, Swatch Group has transformed from a flailing industry into the world’s top producer of watches (in value), thanks to an entrepreneurial strategy that contrasts with the […]

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