Glycine bought out by Invicta Watch Group

Come on in and introduce yourself!
General watch talk.
User avatar
Torrid
Posts: 6198
Joined: Fri Oct 05, 2012 6:43 am
Name: Heath
Location: Wisconsin

Re: Glycine bought out by Invicta Watch Group

Post by Torrid » Fri Aug 05, 2016 11:53 am

I clicked on this thinking it was an old April 1st thread I happened to miss.

User avatar
djh1201
Posts: 648
Joined: Fri May 28, 2010 3:19 pm
Name: David H.
Location: Charleston, SC

Re: Glycine bought out by Invicta Watch Group

Post by djh1201 » Fri Aug 05, 2016 2:00 pm

That sucks, when 1st started in this addiction, I was a big Glycine fan. Worst watch news I heard since Anonimo got bought out.
Current Collection:

* Longines HydroConquest (Grey) * Anonimo Millimetri Drass * Certina DS PH200M * Nodus Avalon * Marcello C Tridente

Gone, but not Forgotten:

* Squale Onda * Halios Seaforth * Eterna Heritage Super KonTiki LE 1973 * Squale 1521 * Borealis Cascais * Borealis Estoril 300 *Anonimo Millimetri 10th Anniversary * Sinn U1 * Doxa 750t Searambler * Stowa Pro Diver * Stowa Seatime * Anonimo Dino Zei Marinai d'Italia * Anonimo Millemetri Orange * Anonimo Sailor Diver * Halios Bluering * JOA PAM 111H Homage * Bathys Benthic MOP * Glycine Combat 7 Chronograph * Fortis B-42 GMT * Bathys Benthic Ti * Bathys 100 Fathoms * Benarus Moray Dart (42mm)* IWI Marine Diver GMT * Benarus Moray * Magrette Regattare Bronze * Marc & Sons MSD-044 * A ton of Seikos * And many more...

User avatar
hoppyjr
HJ
Posts: 34355
Joined: Thu Feb 24, 2011 9:05 am
Name: Hoppy

Re: Glycine bought out by Invicta Watch Group

Post by hoppyjr » Fri Aug 05, 2016 2:47 pm

rockmastermike wrote:Glycine has been on/off my radar for awhile and I guess now is the time to get one.
Good selling point: "Pre-Invicta" Glycine......
I think this Invicta situation will cheapen the Glycine name, even for older non-Invicta pieces.

I liked the Incursore and I'm sure the other models are fine, but it's likely one will take a big hit on resale.

User avatar
streetracer101
Posts: 8446
Joined: Tue Nov 15, 2011 6:41 pm
Name: Mr Shackleford

Re: Glycine bought out by Invicta Watch Group

Post by streetracer101 » Fri Aug 05, 2016 2:52 pm

tattoo chef wrote:
Ryeguy wrote:
tattoo chef wrote:This has put a pit in my stomach. Shows the current CEO and board does not care about the legacy of the company at all. How bad must they have been hemorrhaging to sell to Invicta??!!


Sent from my iPhone using Tapatalk
Isn't he the guy who told that WUS customer that he did not want him to be a Glycine customer? I loved that quote and it almost made me buy a Glycine watch just out of respect.

This also shows us what "sells" in the watch world - garish fashion watches with inflated prices sold a "discount" prices. Good quality at a reasonable price does not sell.
Well, part of the problem is marketing. Glycine and Maurice Lacroix among many others are not marketed to the US like other brands are (Tag, Omega,Rolex etc.)
Another issue is being sold only at AD's and those brick and mortar stores not doing well, which they then dump watches to grey market dealers who who then sell them at such a discount off of retail, it makes buying retail a joke.
Really is a viscous cycle.


Sent from my iPhone using Tapatalk
You're also forgetting that they over-infate their retail prices (like Fortis), which creates a robust gray market, making it harder for ADs to sell them because of limits associated with discounts.

User avatar
JP Chestnut
Posts: 16565
Joined: Mon May 27, 2013 10:40 am
Name: Jacob
Location: Ithaca, NY USA

Re: Glycine bought out by Invicta Watch Group

Post by JP Chestnut » Fri Aug 05, 2016 2:58 pm

hoppyjr wrote:
rockmastermike wrote:Glycine has been on/off my radar for awhile and I guess now is the time to get one.
Good selling point: "Pre-Invicta" Glycine......
I think this Invicta situation will cheapen the Glycine name, even for older non-Invicta pieces.

I liked the Incursore and I'm sure the other models are fine, but it's likely one will take a big hit on resale.
Just wait until they blow out all the "real" glycine watches to make room for the invicta shit designs. I would be staying far away from this brand if I had any intention of ever selling.

User avatar
logan2z
IT Admin
Posts: 11015
Joined: Sat Nov 24, 2012 1:08 am
Name: Andrew
Location: SF Bay Area, CA

Re: Glycine bought out by Invicta Watch Group

Post by logan2z » Fri Aug 05, 2016 3:28 pm

hoppyjr wrote:
rockmastermike wrote:Glycine has been on/off my radar for awhile and I guess now is the time to get one.
Good selling point: "Pre-Invicta" Glycine......
I think this Invicta situation will cheapen the Glycine name, even for older non-Invicta pieces.

I liked the Incursore and I'm sure the other models are fine, but it's likely one will take a big hit on resale.
+1 I wouldn't buy a modern Airman now, even if it were Pre-invicta production.

giosdad
Posts: 5032
Joined: Sat Jan 02, 2010 6:33 pm
Location: New York

Re: Glycine bought out by Invicta Watch Group

Post by giosdad » Fri Aug 05, 2016 3:56 pm

tattoo chef wrote:And the reason Invicta sells is because they are absolutely everywhere. Say what you want about the watches, the owner and all the BS, but they know how to market and distribute the watches.


Sent from my iPhone using Tapatalk
I agree, they even have a store in Times Square. Not boutique avenue by any means but it is crawling with tourists and their competition is Tissot and Swatch in that area. Both better brands by far but the overflow and pricing (discounting) for the uninformed probably moves a lot of "junk "
Regards
Barry

User avatar
hobbit712
Posts: 3324
Joined: Sun Jul 11, 2010 6:55 am
Name: Steve
Contact:

Re: Glycine bought out by Invicta Watch Group

Post by hobbit712 » Fri Aug 05, 2016 4:31 pm

Anyone interested in a Golden Eye? :nutkick:
http://watchidiotsavants.com
instagram @watchidiotsavants

Chase after the dream, don't chase after the money

User avatar
james80
Posts: 3390
Joined: Mon Sep 14, 2015 1:56 pm
Name: James
Location: A Brit lost in the Caribbean

Re: Glycine bought out by Invicta Watch Group

Post by james80 » Fri Aug 05, 2016 4:43 pm

Maybe they'll just buy it and leave it alone? The post did mention maintaining heritage.

User avatar
1954Selmer
Posts: 3410
Joined: Sun Feb 02, 2014 12:07 pm
Name: arce

Re: Glycine bought out by Invicta Watch Group

Post by 1954Selmer » Fri Aug 05, 2016 4:58 pm

If you ask my Brother-in-Laws, he will tell you it ain'ts so bad. He loves all ten of his Invicta watchess
.

User avatar
Axelay2003
Posts: 5741
Joined: Sat Dec 04, 2010 9:03 am
Name: Gerard
Location: City of Oranges, FL

Re: Glycine bought out by Invicta Watch Group

Post by Axelay2003 » Fri Aug 05, 2016 6:07 pm

james80 wrote:Maybe they'll just buy it and leave it alone? The post did mention maintaining heritage.

History/Heritage must be maintained. I hope I am proven wrong, but Invicta's business model may not allow that. Sucks. I was contemplating on selling my purist GMT 08, not anymore. I don't think I'll be able to get this kind of Glycine quality with the newer Airman(post Glycine buy out) lineup. Quality may go south once everything settles.
Last edited by Axelay2003 on Fri Aug 05, 2016 6:30 pm, edited 3 times in total.
It's a beautiful world! Gerald.
Image

User avatar
59yukon01
1.21 gigawatts?!
Posts: 8452
Joined: Mon Jan 19, 2015 8:49 am
Name: David
Location: Louisville, KY

Re: Glycine bought out by Invicta Watch Group

Post by 59yukon01 » Fri Aug 05, 2016 6:12 pm

james80 wrote:Maybe they'll just buy it and leave it alone? The post did mention maintaining heritage.
That will depend on if Invicta is happy with their ROI. If not, well then changes will come quick. They will come out with some Glyvicta monstrosity.

User avatar
dinexus
Posts: 1177
Joined: Sat Jun 06, 2015 11:22 pm
Name: Zach
Location: Marin

Re: Glycine bought out by Invicta Watch Group

Post by dinexus » Fri Aug 05, 2016 6:49 pm

Heartbreaker. But given all the insane stock liquidation on Klepsoo et al, I guess I shouldn't be surprised. Good for Invicta, super sad for everyone else. Wonder who's next.


Sent from my iPhone using Tapatalk

ncstate1201
Posts: 498
Joined: Tue Nov 16, 2010 7:20 pm
Name: Geoff B
Location: Apex, NC

Re: Glycine bought out by Invicta Watch Group

Post by ncstate1201 » Fri Aug 05, 2016 7:00 pm

Had a glycine that I loved I did flip it and it was one of my earlier watches. I have looked for the model several times since and have been unable to find it. I guess this news pretty much ended my search. I am not certain there is a brand I loathe more than invicta. I agree with one of the others that responded and I don't think the vintage pieces will hold up as well long term. Especially if the new ones start looking like invictas...

User avatar
Heuerville
Posts: 4705
Joined: Sun Sep 01, 2013 11:09 am
Name: Stewart
Location: UK
Contact:

Re: Glycine bought out by Invicta Watch Group

Post by Heuerville » Fri Aug 05, 2016 7:12 pm

I still don't know how Invicta have enough bank to buy Glycine. In my mind, Invicta is a gutter brand that sells shite.. I'm perplexed.
Stewart - Heuerville & Heuerville Straps
http://heuerville.wordpress.com/heuerville-straps/
"SOB get me a drink"

User avatar
59yukon01
1.21 gigawatts?!
Posts: 8452
Joined: Mon Jan 19, 2015 8:49 am
Name: David
Location: Louisville, KY

Re: Glycine bought out by Invicta Watch Group

Post by 59yukon01 » Fri Aug 05, 2016 7:18 pm

Heuerville wrote:I still don't know how Invicta have enough bank to buy Glycine. In my mind, Invicta is a gutter brand that sells shite.. I'm perplexed.
They sell masses to the asses.:)

User avatar
CGSshorty
Admin
Posts: 32648
Joined: Tue Dec 01, 2009 5:18 pm
Location: Boynton Beach, FL

Re: Glycine bought out by Invicta Watch Group

Post by CGSshorty » Fri Aug 05, 2016 7:23 pm

Heuerville wrote:I still don't know how Invicta have enough bank to buy Glycine. In my mind, Invicta is a gutter brand that sells shite.. I'm perplexed.
They sell lots and lots of shite.
"It's such a fine line between stupid, and clever."
David St. Hubbins

User avatar
dinexus
Posts: 1177
Joined: Sat Jun 06, 2015 11:22 pm
Name: Zach
Location: Marin

Re: Glycine bought out by Invicta Watch Group

Post by dinexus » Fri Aug 05, 2016 7:24 pm

Wonder if they'd been in talks with Invicta for longer than we're aware of. Hell, this turd could have only been dreamed up by someone who thought highly of Invicta's design language. Image


Sent from my iPhone using Tapatalk

User avatar
logan2z
IT Admin
Posts: 11015
Joined: Sat Nov 24, 2012 1:08 am
Name: Andrew
Location: SF Bay Area, CA

Re: Glycine bought out by Invicta Watch Group

Post by logan2z » Sat Aug 06, 2016 10:22 pm

Is it me or is this post no longer on the Invicta IG feed?

dmckean44
Posts: 99
Joined: Fri May 13, 2016 11:02 pm
Name: Dave
Location: San Diego

Re: Glycine bought out by Invicta Watch Group

Post by dmckean44 » Sat Aug 06, 2016 10:58 pm

Probably one of those new Instagram Stories posts that only lasts two days.

User avatar
Seppia
Posts: 5463
Joined: Wed May 20, 2015 5:06 pm
Name: Andrea
Location: Italia

Re: Glycine bought out by Invicta Watch Group

Post by Seppia » Sat Aug 06, 2016 11:54 pm

So it could be fake or they might have seen the backlash and thought it was better not to advertise too much who the new owner is

User avatar
Dedalus
Professor J
Posts: 3896
Joined: Mon Dec 28, 2009 9:07 pm
Name: Jared
Location: NZ
Contact:

Re: Glycine bought out by Invicta Watch Group

Post by Dedalus » Sun Aug 07, 2016 3:11 am

:popcorn:

User avatar
Axelay2003
Posts: 5741
Joined: Sat Dec 04, 2010 9:03 am
Name: Gerard
Location: City of Oranges, FL

Re: Glycine bought out by Invicta Watch Group

Post by Axelay2003 » Sun Aug 07, 2016 6:45 am

:scratch:
It's a beautiful world! Gerald.
Image

User avatar
Ryeguy
Posts: 4010
Joined: Fri Sep 09, 2011 1:03 pm
Name: Chris
Location: Rye

Re: Glycine bought out by Invicta Watch Group

Post by Ryeguy » Sun Aug 07, 2016 7:37 am

JP Chestnut wrote:
Ryeguy wrote: This also shows us what "sells" in the watch world - garish fashion watches with inflated prices sold a "discount" prices. Good quality at a reasonable price does not sell.
I'd be interested in a peek at Sinn's books.
Yes, and maybe Oris too. Is Eterna still owne by that Chinese fashion brand company?

I think we'll see a wave of this going on.

Swatch was able to survive the '80's through the careful selection of brands with specific IP to offer. I don't see the current independents having nearly as much to offer.

User avatar
JP Chestnut
Posts: 16565
Joined: Mon May 27, 2013 10:40 am
Name: Jacob
Location: Ithaca, NY USA

Re: Glycine bought out by Invicta Watch Group

Post by JP Chestnut » Sun Aug 07, 2016 7:44 am

Ryeguy wrote:
JP Chestnut wrote:
Ryeguy wrote: This also shows us what "sells" in the watch world - garish fashion watches with inflated prices sold a "discount" prices. Good quality at a reasonable price does not sell.
I'd be interested in a peek at Sinn's books.
Yes, and maybe Oris too. Is Eterna still owne by that Chinese fashion brand company?

I think we'll see a wave of this going on.

Swatch was able to survive the '80's through the careful selection of brands with specific IP to offer. I don't see the current independents having nearly as much to offer.
I think watchbuys brand assortment is a who's who of brands that will be bought up or go out of business, with the possible exceptions of Nomos and Sinn.

I'm shocked that people buy some of those watches.

Post Reply

Who is online

Users browsing this forum: Google [Bot], mellonb1, RALAustin, shaneotool, tyd450 and 93 guests