In January this year, Europe’s largest watch retailer announced the acquisition of US-based group Tourneau from Green Equity Investors IV LP, an investor group that owned Tourneau for decades. While this represented a first (and major) step in the American strategy of the Swiss retailer, the group didn’t stop there and yesterday, Tourneau’s parent company Bucherer USA announced it has purchased Baron & Leeds, another US retailer.
Continue reading ‘Industry News – Bucherer Acquires Another US-Based Retailer: Baron & Leeds’