MoDEl CiT­i­zEN

DA MAN - Caliber - - NEWS -

Un­ex­pected news came from Ja­pan as Cit­i­zen Watch an­nounced their ac­qui­si­tion of the Fred­erique Con­stant group. The ac­qui­si­tion was part of the “Cit­i­zen Global Plan 2018,” in which the Ja­pa­nese brand sought to ex­pand their pres­ence and port­fo­lio. Aletta and Peter Stas, founders of Fred­erique Con­stant Hold­ing S.A. added: “we have be­come in­creas­ingly im­pressed by the in­no­va­tive tech­nolo­gies of the Cit­i­zen Group. we see the op­por­tu­nity of Swiss-Ja­pa­nese part­ner­ship to de­velop and mar­ket Ac­ces­si­ble lux­ury watches for the 21st cen­tury and beyond.” Com­bin­ing Swiss watch­mak­ing tra­di­tions and Ja­pa­nese per­fec­tion in crafts­man­ship sure does seem like a win­ning for­mula.

Newspapers in English

Newspapers from Indonesia

© PressReader. All rights reserved.