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AtomicTom
Senior Consigliere


Posts : 14007
Join date : 2009-08-25
Age : 46
Location : New Jersey

PostSubject: Eterna in trouble   Thu May 25, 2017 1:59 pm

Just caught this news guys. Not sure if you had time to yet.

Looks like Eterna is not doing too well, and has had many layoffs, and just had it's newly
appointed CEO leave them also. Evidently they have not been doing well for a while now.
Although their Eterna Movement Company looks to still be doing alright during the new
restructuring that has been happening.

Have the article right here for you from WatchPaper everyone...


http://www.watchpaper.com/2017/05/23/eterna-ist-kaputt/

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sixtysix
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Posts : 5043
Join date : 2009-12-06
Age : 52
Location : North of Syracuse NY

PostSubject: Re: Eterna in trouble   Fri May 26, 2017 8:57 am

Maybe Invicta will buy them.....like Glycine.

Eterna is a storied brand with a long and deep history. Like to see them continue.

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Later, Gary



Remember we are the caretakers of mechanical art.....
Member NAWCC, National Association of Watch & Clock Collectors
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AtomicTom
Senior Consigliere


Posts : 14007
Join date : 2009-08-25
Age : 46
Location : New Jersey

PostSubject: Re: Eterna in trouble   Fri May 26, 2017 12:31 pm

sixtysix wrote:
Maybe Invicta will buy them.....like Glycine.

Eterna is a storied brand with a long and deep history. Like to see them continue.


Smile I guess someone will buy them hopefully Gary. Like you said, they have such a great history.
Can't really imagine them going away, and unfortunately it's evidently something that has been
happening in the watch industry since it started right sir? I mean it's hard to keep up with all of
the brands, or companies past, and present that have disappeared, or been bought up over the
years.

Really am hoping that they can turn it around, or can team up with another company maybe.

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