Who Controls What in the Watch Industry? | The Classroom S02: Episode 9

The watch industry is big...like really big. With countless amounts of brands in Switzerland alone, it gets hard keeping track of who is who. But, in fact, a lot of our favorite brands like IWC, A. Lange & Sohne, Omega, and others are actually owned by 1 of 3 major watch conglomerates. LVMH, Richemont, and the Swatch Group have majority stakes in tons of different brands. But how do they decide which brands to acquire, and how do competing brands interact when they're owned by the same group? And how do independents like Audemars Piguet and Rolex fit into all of it? Let Jon Callahan explain watch conglomerates in tonight's episode of "The Classroom"! Please Subscribe: https://www.youtube.com/@the1916company/?sub_confirmation=1 View hundreds of hands-on luxury watch reviews at The 1916 Company Watch Reviews channel: https://www.youtube.com/@the1916companywatchreviews/?sub_confirmation=1 Instagram: https://www.instagram.com/the1916company BUY WATCHES HERE: https://www.the1916company.com