PierreKunz

Pierre Kunz Watch Manufacture In Danger Of Closing Shop?

Pierre Kunz could be another luxury watch brand that will fall victim to "the crisis" or as the luxury watch industry is less than affectionately referring to the current economic downturn. I reported a while ago that Franck Muller was about to cut a large number of jobs. Looks like things are worse than expected at the company who owns watch brand Pierre Kunz, among a couple of other more boutique brands - Pierre Kunz being the most well known. According to the Tribune De Geneve, Franck Muller can "no longer support its young brands." It is unclear whether this means Franck Muller operated brands like Pierre Kunz will cease operation, be sold, or be "consolidated" somehow.

Pierre Kunz has some innovative and beautiful models under its catalog including the pictured G703 T STR Tourbillon and the Infinity Looping Black Steel watches. They have even announced new watches recently. In instances where a brand is highly marketable but its parent company does not have the funds to continue to support it, there is often an interested outside buyer who will save the small manufacture. It is unclear in today's economy how likely this is for Pierre Kunz. Other Franck Muller brands likely to kick the bucket are ECW, Rodolphe, and Barthelay.

Via WorldTempus (in mostly French).

Ariel Adams publishes the luxury watch review site aBlogtoRead.com.

Tags: brand, closing, company, franck muller, FranckMuller, pierre kunz, PierreKunz, swiss, watch

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