Wittnauer Bought by Bulova; Sector Group Sold, Restructured

Two more well-known watch brands—Wittnauer and Sector—have been sold to new owners. Bulova will relaunch its newly acquired Wittnauer line in early 2002, say Bulova officials. The revamped and redesigned Swiss watches will retail for $300 to $1,000. Bulova acquired Wittnauer trademarks, related inventory and receivables, and some equipment from the former Wittnauer International (now the name for Bulova's division) for $11.6 million in September. The management of the former Wittnauer International kept the FUBU trademark. Bulova also acquired the Internet names Wittnauer.com and WittnauerWatches.com. However, the Wittnauer factory in Puerto Rico (used mainly for repairs and imports) and Wittnauer headquarters in New Rochelle, N.Y., weren't part of the deal. New Wittnauer. Wittnauer will continue to be a brand of high-quality, Swiss watches, with the added benefit of Bulova's
JCK PRO

This content is exclusive to JCK Pro subscribers. Subscribe now to access this and much more with discount code GOPRO21 for $199 for an entire year of access (reg. $249).

SUBSCRIBE TO CONTINUE

Already a JCK Pro? Log in

A JCK Pro subscription is your all-access pass to people and resources on the
cutting edge of the retail jewelry industry, from the industry authority you
know and trust

Learn about the Perks of JCK Pro

Log Out

Are you sure you want to log out?

CancelLog out