Villemont Watch Company Files for Bankruptcy
Written by James Matthews
Saturday, 17th January 2009
We have seen the Rolex CEO leave because of the current financial crisis. Now we are seeing a worrying trend amongst luxury companies. The Geneva based company has closed its doors and declared itself insolvent, a victim of the current world financial woes. The firm employed 14 people and last year only sold 311 watches. We hope that they will begin to offer things for cheaper as we have seen from Astor & Black Custom Suits. We hope that they can find jobs fast and get their lives back on track.
Related posts
This post was written by James Matthews. If you have any questions or comments you may contact him at james@jewelerslounge.com
