Invicta Watch Group

Last updated

Invicta Watch Group
TypePrivate
IndustryWatchmaking
Founded1837;187 years ago (1837) in La Chaux-de-Fonds, Switzerland
FounderRaphael Picard
Headquarters3069 Taft Street
Hollywood, Florida, U.S.
33021
Key people
  • Eyal Lalo (President, CEO) [1]
  • Gany Lalo (Vice President)
  • Nadia Lalo (Board Member, Secretary)
Products Wristwatches
Subsidiaries Glycine Watch SA
Website invictawatch.com

Invicta is an American watch designer and manufacturer headquartered in Hollywood, Florida. [2] Invicta began as a Swiss watch company in 1837 founded by Raphael Picard in La Chaux-de-Fonds, Switzerland. [3] [4]

Contents

History

In the early 1980s, Invicta went bankrupt and was sold in 1983 to Ondix S.A, which continued producing Invicta watches in Switzerland. Ondix folded due to disappointing sales, and Invicta was re-established in 1991 when acquired by American owners. [5] In April 2016, Invicta acquired Swiss watch manufacturer Glycine, with Invicta CEO promising to respect Glycine's independence as it supports the Swiss watchmaker financially. [6]

Lineup

Invicta produces some of its lineup in Switzerland—those models are signed "Swiss Made" on the watch face and specified in the website description for the models. [7]

In November 2012, Invicta announced a line of watches endorsed and designed by Pro Football Hall of Fame NFL player Jason Taylor. [8]

In February 2020, Invicta announced a partnership with Authentic Brands Group (ABG) for Shaquille O'Neal. [9]

On June 1, 2023, Invicta's retail division, Invicta Stores, filed for Chapter 11 bankruptcy with plans to close some of its physical retail locations. [10]

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References

  1. Gubagaras, Mark Anthony (May 3, 2019). "Evine Live gets investment from Invicta Watch Group, names new CEO". S&P Global . Retrieved September 12, 2022.
  2. "Company Overview of Invicta Watch Company of America, Inc". www.bloomberg.com. Retrieved March 31, 2019.
  3. "Where are Invicta watches made". Top Products Guide. December 11, 2018. Archived from the original on May 17, 2021. Retrieved February 19, 2020.
  4. About Invicta Archived March 4, 2016, at the Wayback Machine , Invicta corporate website
  5. "The history of invicta & seeland watches". WatchUSeek Watch Forums. June 25, 2018. Retrieved August 23, 2023.
  6. Pina, Zach (August 14, 2016). "Historic Glycine Watches Acquired By Invicta". A Blog to Watch. Retrieved August 12, 2022.
  7. "Watches by Invicta". Homemaker Journal. Retrieved March 31, 2019.
  8. "Invicta launches Jason Taylor watch collection" South Florida Business Journal , November 6, 2012
  9. Group, Invicta Watch (February 20, 2020). "Shaquille O'Neal Partners with Invicta Watch Group for a Multi-Year, Multi-Platform Deal and His Own Line of Watches". PRN News Wire. Retrieved February 21, 2020.
  10. "Invicta watch seller declares bankruptcy". Bisnow. June 1, 2023. Retrieved June 1, 2023.