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Company type | Private [1] |
---|---|
Industry | Watch Manufacturing |
Founded | 1919 [2] |
Founder | Fritz Schluep |
Headquarters | |
Key people | Daniel Schluep (CEO), Marc and Olivier Schluep (Operative Leadership) [3] |
Number of employees | 60 |
Website | https://titoni.ch |
Titoni Ltd. is a Swiss watchmaker that was founded in 1919 [2] by Fritz Schluep in the Swiss town of Grenchen [2] under the name Felca Ltd. The company, which is now owned and operated by the third and fourth generation of its founding family, [3] [4] currently employs around 60 people.
Chinese sailors bought the watches that Felca was selling in Singapore and Hong Kong. [2] The founder's son, Bruno Schluep, first established contacts with one of the Chinese businessmen, Koh Mui Yew, in 1944. [2]
In 1960 the Chinese State Import Authority ordered Titoni watches after Felca invited a delegation to Switzerland. The company name was soon extended to Felca & Titoni Watches Ltd. [2] and later Titoni Ltd. Felca branded watches continued to be sold in Europe, while the Titoni brand was used in Asia. [2]
Titoni manufactures watches in the mid-price range. During China's planned economy rule a maximum price of CHF 80 was prescribed by the communist regime. [2]
Titoni watches have a reputation for high quality at a reasonable price, and is considered a prestigious status symbol especially in Asia. [2] During the 1970s watch crisis due to the introduction of quartz watches, Titoni opted for a mix of traditional mechanical watches with quartz watches. [2]
A watch is a portable timepiece intended to be carried or worn by a person. It is designed to keep a consistent movement despite the motions caused by the person's activities. A wristwatch is designed to be worn around the wrist, attached by a watch strap or other type of bracelet, including metal bands, leather straps, or any other kind of bracelet. A pocket watch is designed for a person to carry in a pocket, often attached to a chain.
The Swatch Group Ltd is a Swiss manufacturer of watches and jewellery. The company was founded in 1983 by the merger of ASUAG and SSIH to move to manufacturing quartz-crystal watches to resolve the quartz crisis threatening the traditional Swiss watchmaking industry.
Rolex SA is a Swiss watch brand and manufacturer based in Geneva, Switzerland. Founded in 1905 as Wilsdorf and Davis by German businessman Hans Wilsdorf and his brother-in-law Alfred Davis in London, the company registered Rolex as the brand name of its watches in 1908 and became Rolex Watch Co. Ltd. in 1915. After World War I, the company moved its base of operations to Geneva because of the unfavorable economy in the United Kingdom. In 1920, Hans Wilsdorf registered Montres Rolex SA in Geneva as the new company name ; it later became Rolex SA. Since 1960, the company has been owned by the Hans Wilsdorf Foundation, a private family trust.
Timex Group USA, Inc. is an American global watch manufacturing company founded in 1854 as the Waterbury Clock Company in Waterbury, Connecticut. In 1944, the company became insolvent but was reformed into Timex Corporation. In 2008, the company was acquired by Timex Group B.V. and was renamed Timex Group USA.
Seiko Group Corporation, commonly known as Seiko, is a Japanese maker of watches, clocks, electronic devices, semiconductors, jewelry, and optical products. Founded in 1881 by Kintarō Hattori in Tokyo, Seiko introduced the world's first commercial quartz wristwatch in 1969.
Swatch is a Swiss watchmaker founded in 1983 by Ernst Thomke, Elmar Mock, and Jacques Müller. It is a subsidiary of The Swatch Group. The Swatch product line was developed as a response to the "quartz crisis" of the 1970s and 1980s, in which inexpensive, battery-powered, quartz-regulated watches were competing against more established European watchmakers focused on artisanal craftsmanship producing mostly mechanical watches.
ETA SA Manufacture Horlogère Suisse designs and manufactures quartz watches and both hand-wound and automatic-winding mechanical ébauches and movements. Commonly referred to as ETA, the company is headquartered in Grenchen, Switzerland, and is a wholly owned subsidiary of The Swatch Group.
Oris SA is a Swiss luxury manufacturer of mechanical watches. The company was founded in 1904 and is based in Hölstein in the canton of Basel-Landschaft.
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Citizen Watch Co., Ltd. is an electronics company primarily known for its watches and is the core company of a Japanese global corporate group based in Nishitokyo, Tokyo, Japan. In addition to Citizen brand watches, it is the parent of American watch company Bulova, and is also known for manufacturing small electronic devices such as calculators. Beyond watches and electronics, Citizen also manufactures precision CNC machining equipment.
Nivada is a Swiss watch manufacturing company, founded in the town of Grenchen, Switzerland in 1879 by Jacob Schneider. The company gained attraction after World War II, producing a series of successful watches before succumbing to the Quartz crisis.
Automatic quartz is a collective term describing watch movements that combine a self-winding rotor mechanism to generate electricity with a piezoelectric quartz crystal as its timing element. Such movements aim to provide the advantages of quartz without the inconvenience and environmental impact of batteries. Several manufacturers employ this technique.
Blancpain SA is a Swiss luxury watch manufacturer, headquartered in Paudex/Le Brassus, Switzerland. It designs, manufactures, distributes, and sells prestige and luxury mechanical watches. Founded by Jehan-Jacques Blancpain in Villeret, Switzerland in 1735, Blancpain is the oldest registered watch brand in the world. Blancpain has been a subsidiary of the Swiss Swatch Group since 1992, and is regarded as a top-tier watch brand.
Rodania is a Swiss manufacturer of wristwatches. The company was founded in Grenchen, Switzerland, a city well known for its watch industry. Actually, its international sales and distribution offices are located in Braine l'Alleud, Belgium.
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The quartz crisis (Swiss) or quartz revolution was the advancement in the watchmaking industry caused by the advent of quartz watches in the 1970s and early 1980s, that largely replaced mechanical watches around the world. It caused a significant decline of the Swiss watchmaking industry, which chose to remain focused on traditional mechanical watches, while the majority of the world's watch production shifted to Japanese companies such as Seiko, Citizen and Casio which embraced the new electronic technology. The strategy employed by Swiss makers was to call this revolution a 'crisis' thereby downgrading the advancement from Japanese brands.
Certina S.A. is a Swiss watch brand, part of the Swatch Group, founded in Grenchen in 1888 by Adolf and Alfred Kurth. All Certina watches bear the "Swiss Made" seal of origin.
Montres Edox et Vista SA (EDOX) is a Swiss manufacture of luxury wristwatches that operates under the Era Watch Company. Christian Ruefli-Flury, a watchmaker originating from Grenchen, Switzerland, founded the company in 1884 in Biel/Bienne. Edox has remained in continuous production since their foundation.
Favre Leuba is a Swiss luxury wristwatch manufacturer headquartered in Grenchen, Switzerland, and formerly a pioneer in watch design, manufacturing and distribution. The brand was established in 1737, following the registration of Abraham Favre as a watchmaker. However, the Favre-Leuba family was forced to sell the company's name in 1985 due to the ongoing quartz crisis, which made manufacturing watches more difficult.
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