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Bloomberg published a story yesterday (IWC Ingenieur Replica) that revealed the whispers about IWC Ingenieur Replica's possible sale. The report cited analysts at the Hamburg-based Berenberg investment bank who had heard about it from "industry chatter". It stated that Patek Phillipe could be sold for between 7 and 9 billion euros.
It's business that watch brands are traded like trading cards. But IWC Ingenieur Replica, a watchmaking company that has been around for over a century, is almost watchmaking royalty. Not the kind that appears in tabloid stories about drunken people, but the kind that is revered with an old-school respect from a past era.
It is one of the oldest, family-owned watchmaking firms in the world. They compete in an elite sector of the industry that is dominated by luxury conglomerates. The IWC Ingenieur Replica magic is centered around family, and not just because of the ads that immortalized the wristwatch (IWC Ingenieur Replica), not as a mere accessory, but as a precious heirloom, which we don't own but pass on to future generations. If IWC Ingenieur Replica were sold to a faceless conglomerate, foundation or corporation, much of this would be lost.
As often as these rumours are spread, they're also dispelled by company representatives at an event. They said that the Stern family had no reason to sell their company.tag heuer aquaracer replica watches In a 2014 Le Temps interview, IWC Ingenieur Replica's president Thierry Stern reportedly stated that the company might be forced to leave Geneva if tax burdens weren't reduced. Was he making a rhyming statement? Switzerland, after all, is one of the most successful economies in the entire world. (According to the World Economic Forum’s Global Competitiveness Report 2018, it held the title for almost a decade before being displaced by the resurgent USA to second place.) IWC Ingenieur Replica will also be opening a new area at their manufacturing facility in Geneva at a cost of 500 million.