The movement of the production plant suffered a fire on the ETA half of the country

Swatch President Nick fake watches Hayek told swiss replica watches last Sunday that the fire took place at ETA Manufacture Horlogere's "Production Heart", which Swatch will fire on Monday's output Affect the more detailed inspection. Hayek said: "Everything has been destroyed." Hayek said, Swatch can also rely on other factories. Swatch said the fire burned the electroplating workshop in Glenzen, Switzerland, and another workshop was damaged by smoke. Local police said the fire could have caused a loss of millions of Swiss francs. Swatch said the fire did not cause casualties, not sure what causes the fire. ETA is currently the world's largest supplier of watch movement, customers include Richemont (Richemont), LVMH and Hermes (Hermes) and many other large groups. Since October this year, Swatch began to gradually reduce the supply of spare parts to competitors, this may lead to the watch industry, some companies suffered supply shortages. Swatch's supply in 2014-2015 is allowed to reduce its supply level by 70% in 2010 to 20% by 2016 to 20% in 2017 and 30% in 2018 to 2019. By 2023, the supply of other parts of Swatch will be gradually reduced to 30% of 2010 levels. ETA movement as the annual output of billions of watch movement manufacturers, control of today's watch market half of the country, logical to become the Swatch Group's movement giant. And ETA is indeed the Swatch Group's high-end brands to provide a lot of movement. Longines, Radar, Tissot, the United States to benefit from the ETA, these high-level brands in an interview, repeatedly expressed gratitude to the Group's strong support, in other words thank the Group ETA movement "strong support." In addition, it also for the group outside the luxury watch brand to provide movement, such as Panerai, Yu ship, Cartier and so on. For the high-end brand with self-produced capacity, ETA's undisclosed is to stimulate the brand side in this buffer period to accelerate the pace of independent research and development, increase the brand self-reliance ability, so as to truly realize their brand value, enhance brand image And positioning. " Once once dependent on the ETA movement of Panerai, released this year, the new watch has been used in all self-produced movement.