class=”sc-29f61514-0 icZBHN”>
Swatch Group is buying property on one of London’s most luxurious streets: The Swiss watch group bought a five-storey house with an area of 562 square meters at 171 New Bond Street in the posh Mayfair district for 90 million francs.
Luxury brand Harry Winston, part of the Swatch Group since 2013, has a flagship lounge. The lounge houses Harry Winston’s high jewelry and watch collections, “including some of the rarest diamonds and gemstones available today,” according to a statement from Swatch.
Founded in 1932, the Harry Winston company is considered the originator of modern jewelry production and is often referred to as the “King of Diamonds” and the “Jeweller to the Stars”.
More homes in luxury addresses
In the first half of this year, the group purchased a 1,347 square meter property near London’s 32-33 Old Bond Street for approximately CHF 120 million. Swatch also purchased a store on the famous Champs-Elysées in Paris.
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
