Rolex acquires long time retail partner Bucherer, giving the Swiss watchmaker direct control over the world's largest watch dealer.
group purchasing London-based fashion group Capri Holdings. As if to end the season with a cliff-hanging finale, Swiss watchmaking giant Rolex shocked the international horology community by ending its would-be century-long partnership with the family-owned Bucherer in a landmark acquisition of the world’s largest watch dealer.
Investment in quality assurance has been of vested interest to the Swiss watchmaker in recent history, most notably in the founding of the industry-shiftingin Pennsylvania, United States. The prestigious watchmaking school was founded in 2001 in response to a global shortage of watchmakers following the advent of quartz watches in the 1980s with their then unfamiliar electronic movements.
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