The owners of Swiss watchmaker Breitling are contemplating a sale of the company, Bloomberg reports.
Breitling, whose roots date to 1884, is an independent company known for its pilot watches. Its sales last year are estimated to have totaled about $364 million.
According to Bloomberg, which cited unnamed sources, the “most likely suitors” for Breitling would be luxury-goods firms.
Breitling doesn’t quite have the brand recognition of certain other watch brands, such as Patek Philippe and Rolex, but it’s received endorsements from some major celebrities, including the likes of David Beckham and John Travolta.
News of the potential sale comes amid a downturn for Swiss watch exports.
GCA Altium Ltd., an investment bank, is reportedly advising Breitling.
Advertisement
Read more at Bloomberg
Ready to Relocate? Wilkerson Makes Your Move Seamless
When Brockhaus Jewelry decided to leave their longtime West Main Street storefront for a standalone building elsewhere in Norman, Oklahoma, owners John Brockhaus and Brad Shipman faced a familiar challenge: how to efficiently reduce inventory before the big move. Their solution? Partnering with liquidation specialists Wilkerson for a second time.
"We'd already experienced Wilkerson's professionalism during a previous sale," Shipman recalls. "But their approach to our relocation event truly impressed us. They strategically prioritized our existing pieces while tactfully introducing complementary merchandise as inventory levels decreased." The carefully orchestrated sale didn't just meet targets—it shattered them.
Asked if they'd endorse Wilkerson to industry colleagues planning similar transitions—whether relocating, retiring, or refreshing their space—both partners were emphatic in their approval. "The entire process was remarkably straightforward," Shipman notes. "Wilkerson delivered a well-structured program, paired us with a knowledgeable advisor, and managed every detail flawlessly from concept to completion."
