FRIDAY WIND DOWN: 2nd December, 2016 – the rumours edition

Friday-wind-down-5No, we’re not dedicating this Wind Down to Stevie Nicks and her choice of timepieces (though that would be amazing). No, this week we’re talking conspiracy theories and scuttlebutt. So break out the tin foil hat and the tinnies, it’s time for the most scurrilous Wind Down yet. But before we begin, we can confirm the rumours that Time+Tide is on YouTube are wholly true – please join us there! Videos dropping daily in December, and very often in the New Year. That is how we do. What happened? The rumour: Breitling is for sale A few days ago Bloomberg reported that Breitling was considering a sale, according to “three people familiar with the matter”. Apparently it’s far from a done deal, with the likely buyer being an established luxury player, rather than a private equity firm. Plausibility factor: 5/10 As one of the few remaining sizeable independent watch brands, Breitling is a natural target for this sort of story, and given the current state of the industry, it’s the right time for it, too. Possible buyers could include Kering or the Citizen Group. Or it could be just a rumour. The rumour: There will be no ‘Palace’ at Baselworld 2017…

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