So how did we get right here? Properly, it is a lengthy, winding story – however suffice it to say, Hodinkee has at all times been a enterprise that folks preferred and revered. Famously, we acquired our first acquisition provide over ten years in the past, once we have been all of three folks. As a substitute, we raised cash and went out on our personal. That was round 2015 or so. Across the similar time, I acquired an electronic mail from a good friend in Europe saying I ought to discuss to some people on the largest UK retailer as a result of they have been fascinated about the U.S. market. I did – and people folks have been Brian Duffy and David Hurley, then, and nonetheless now, the fellows behind the Watches of Switzerland Group. We received alongside nice, and I bear in mind considering then, “Wow, if these guys got here into the U.S. – it will actually, actually shake issues up.” And it has. And all for the higher – as a result of you need to bear in mind simply how, properly, dangerous watch retail was within the U.S. 10 years in the past. Certain, you would get watches extra simply, however the product was typically commoditized, with poor experiences for the buyer extra frequent than was deserved. Watches of Switzerland, once they got here into the U.S., helped change that and, with it, your entire retail scene right here. With Watches of Switzerland in place, others needed to degree up, they usually did. The U.S. market is now the biggest, and most steady, marketplace for watches on the earth.
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