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No More ETA?
Posted: Fri Dec 18, 2009 4:20 pm
by Tragic
Somewhere Jason Recliner is jacking like mad...
This is some bigtime shiznit here:
http://www.guardian.co.uk/business/feedarticle/8863184
I guess sellitta will fill the void if they let this fly?
Re: No More ETA?
Posted: Fri Dec 18, 2009 4:45 pm
by Henryj
Been going on for a while. They had, I think, planned to do this a few years ago and got put on a slower timetable for phasing out supplying non-Swatch watch companies by whatever organization regulates Swiss industry.
Re: No More ETA?
Posted: Fri Dec 18, 2009 4:51 pm
by Tragic
Don't know if you read the link or not, but it's NOT the old. "We're not selling ebauches" thing.
They claim they're not selling DIDDLYSQUAT that they make to non-swatch customers.
No 7750's, 2824's, no quartzes, no crystals, cases, widgets or candlesticks.
Re: No More ETA?
Posted: Fri Dec 18, 2009 4:55 pm
by Henryj
You're right, of course. I skimmed the article and didn't catch everything. 7750's and 6497's could put a ding in Panerai. Is Sellita ramping up on 7750 and 6497 replacements?
Re: No More ETA?
Posted: Fri Dec 18, 2009 5:26 pm
by watch-man7777
I think this might backfire on Swatch to be honest. I don't know what Panerai is going to do without widgets.
Re: No More ETA?
Posted: Fri Dec 18, 2009 5:34 pm
by ezcheese
Damn. That would be insane! I bet Jason Recliner is totally jerking it. This could signal a real sea change if they are serious.
Re: No More ETA?
Posted: Fri Dec 18, 2009 7:42 pm
by Ryan
And why is this? I mean don't they make a ton of cash off this?
Re: No More ETA?
Posted: Fri Dec 18, 2009 8:21 pm
by Tragic
Ryan wrote:And why is this? I mean don't they make a ton of cash off this?
I think Hayek says it's like 7 or 8% of net.
They'd make it back easy squeezing out competition and jacking prices I'm sure.
Hardball for sure.
Re: No More ETA?
Posted: Fri Dec 18, 2009 9:58 pm
by SCM64
Concerning for sure. Hopefully something will get worked out, not sure this would be a good thing in any way for the industry.
Re: No More ETA?
Posted: Sat Dec 19, 2009 6:43 am
by Crue4
Just think how happy Jason Recliner will be when all the sapphire is mined... Then Mineral Glass on Seikos will truly be KING..
Re: No More ETA?
Posted: Sat Dec 19, 2009 7:52 am
by t20569cald
I emailed them 2 weeks ago, and they told me complete movements will still be sold.
Most likely the usual media '' Miss quote '' guys.
Re: No More ETA?
Posted: Sat Dec 19, 2009 7:55 am
by ericf4
F this Douchebags at Swatch,,,,they can shove it and their stupid movements....im soo sick of hearing that CEO Blowhards BS about this....What a bunch of turds.........
Re: No More ETA?
Posted: Sat Dec 19, 2009 8:09 am
by t20569cald
I mean, has a British newspaper ever been a little sensational, miss quoted somebody, or just plan made up a story?
YES, YES, and YES!
8% of sales is huge, and it stops other companies breaking in and growing. And perhaps making something better! That would not be good for their brands then.
To have announced years ago, that they would stop selling ebauches, and then on the 11th hour just pulled the whole carpet out from under everybody. Well i dont think they would get away with it. And i cant see why they would want to either.
Hope i am wrong, because if not, i am F*&^ed!