Headlines

Breitling Owners Considering Sale of Company

It’s a brand endorsed by David Beckham and John Travolta.

Published

7 years ago

December 2, 2016

INSTORE Staff

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.

Read more at Bloomberg

This Third-Generation Jeweler Was Ready for Retirement. He Called Wilkerson

Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”