Watchmaker

Morellato Group, Italy’s leading jewelry and watchmaker, closes fiscal year with €723 million revenue and 21.3% EBITDA

admin3 weeks ago05 mins

Translated by Nazia BIBI KEENOO Published May 29, 2025 Morellato Group, a prominent Italian jewelry and watchmaking company headquartered in Fratte di Santa Giustina in Colle, Padua, concluded its 2024/25 fiscal year (ending February 28, 2025) with positive financial results and improved profitability. The company maintained its leadership position in Italy, reporting revenues of €723…

Swiss watchmaker Norqain preps UK launch, Gary Neville joins board

admin3 months ago04 mins

Entrepreneur and TV pundit Gary Neville has joined the board of Norqain as the family-owned Swiss watchmaker prepares to launch in the UK. His appointment follows the former Manchester United and England footballer taking a “significant” but undisclosed investment in the watchmaker, with Neville expected to play an active role in the business’s UK strategy,…

Breitling acquires two-century-old Swiss watchmaker Gallet

admin3 months ago04 mins

Breitling has acquired Gallet, bringing back from relative obscurity the historic watch brand founded nearly two centuries ago, in 1826. Breitling acquires Gallet, reviving the legacy of the Swiss watchmaker – Breitling The move comes 15 months after Breitling acquired Universal Genève in late 2023, reinforcing Breitling’s drive to become a major player and influence…