Malaysia Watch Forum
Main Forums => General Discussion - Modern Watches => Topic started by: meoramri on August 08, 2016, 06:26:05 AM
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Invicta Watch Group have just acquired Glycine Watch. http://oceanictime.blogspot.my/2016/08/invicta-accquire-glycine.html (http://oceanictime.blogspot.my/2016/08/invicta-accquire-glycine.html).
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Wonder will the quality of invicta go up or Glycine goes down.....from my experience Invicta quality control is a hit & miss issue.
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I actually got 2 Invictas. Both divers. Not problems to report. However, in forums etc. there are a number of horror stories about the brand and customer service.
I personally feel this match is good in the long run. Others may have other thoughts.....
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This is an interesting development, and should be good to the entry-level watch industry in the longer term. When there are more choices, it's always better for consumers. And since Glycine has some unique designs, perhaps the R&D at Glycine could inspire Invicta to have some real in-house designs instead of a collage of homages of sorts.
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The below average brand takes over premium brand. Would this be a Win-Win for both brands? ???
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All the best to both brands. Had watches from both brands before, only the Invicta remains..... ;D
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I would take a glycine over an invicta anytime.
As a glycine owner, I don't know how to feel about this news. :-\
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As a Glycine fan I am not sure I like this news, however, I wonder if it means Glycine can retain its design while getting better distribution (it's not always easy to find Glycine watches).
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Hope something exciting will reveal soon
Sent from my EVA-L19 using Tapatalk
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Having owned Glycine and not finding many people whom were exposed to this brand, perhaps the Invicta ownership could open more in-roads towards Glycine's S&M. In return, Invicta could benefit from Glycine's R&D. Win-win situation.
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DKSH sells the Glycine watch company to the Invicta Watch Group
2016-08-11
DKSH sells its majority stake in Glycine Watch S.A. to the Invicta Watch Group, a US watch manufacturer.
Zurich, Switzerland, August 11, 2016 – DKSH (SIX: DKSH), the leading Market Expansion Services provider with a focus on Asia, sells Glycine Watch S.A. to the Florida-based watch manufacturer Invicta Watch Group. With this step, DKSH continues the restructuring of its luxury goods business which has made good progress since being announced in mid-2015. The parties have agreed not to disclose any financial details of the transaction.
Dr. Joerg Wolle, President & CEO, DKSH, commented: “Selling Glycine to Invicta is a further important step in the ongoing restructuring of our luxury goods business. At the same time, we are convinced that the Glycine business is in good hands. The restructuring of the luxury goods business is well underway; we are delivering what we promised.”
Invicta was founded in 1837 by Raphael Picard in La Chaux-de-Fonds, Switzerland. Glycine with its long heritage joins the Invicta Watch Group's other respected brands. Eyal Lalo, CEO of Invicta, stated: "I am very excited about Glycine joining the Invicta family. The synergy between the two brands will create growth for Glycine. It is our commitment to remain dedicated to preserving the quality and long history that made Glycine the respected brand that it is today. We will support Glycine while maintaining its independence and rich Swiss heritage."
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Glycine logo now changes from "Crown" to "Bird". It looks like Armani logo now!
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the logo is actually the crown merged with an interpretation of the invicta wings.
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the logo is actually the crown merged with an interpretation of the invicta wings.
Actually the new logo looks more like a headless Bird.