GREY:SWYDF - Post by User
Post by
landlubberon Jul 19, 2011 7:09am
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Post# 18845609
We can't get enough diamonds
We can't get enough diamondsSwatch Group the world's largest watchmaker, is said to be looking at astrategic investment in diamonds due to rising demand for timepieceswith the precious gemstone."As the fifth-biggest consumer of diamonds, a stake in a diamondmine would be interesting," CEO Nick Hayek told the Finanz undWirtschaft, a newspaper based in Switzerland. "The demand for watcheswith diamond decoration has increased explosively. We can't [get] enoughdiamonds." Hayek said.Swatch Group includes luxury watch brands: Omega, Breguet, Blancpain, Longines and Rado.
https://www.cpp-luxury.com/en/swatch-group-consider-strategic-investment-in-diamonds_1551.html