FC Group Bought By Citizen
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Thread: FC Group Bought By Citizen

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  1. #1
    Member mitchjrj's Avatar
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    FC Group Bought By Citizen

    This just out, Frederique Constant Group bought by Citizen...

    Frederique Constant Group bought by Citizen | WatchPro
    Another semi-indepenendent swallowed up. Doubt this will be well received by fans of the brand (FC, Alpina). A shame, there's a certain caché and purity associated with standing alone. Will be interesting to watch and see if/how the brands change as a result.

  2. #2
    Member Nokie's Avatar
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    Re: FC Group Bought By Citizen

    Yup. FC will no longer be a niche brand. Too bad.
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  3. #3
    Member michael8238's Avatar
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    Re: FC Group Bought By Citizen

    I'm actually happy to see them now under the umbrella of a much bigger company, instead of being a niche and living on the edge of uncertainty. I'm guessing Citizen will keep Arnold & Sons as their flagship brand? and try to push FC as their mainstream volume brand? I don't know where Graham is going though
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  5. #4
    Member Laparoscopic Yoda's Avatar
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    Re: FC Group Bought By Citizen

    It makes me sad that FC is no longer independent, but since Bulova has prospered under Citizen, hopefully FC will as well. At least FC hasn't been bought and dismantled by Swatch.

  6. #5
    Member WorthTheWrist's Avatar
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    Re: FC Group Bought By Citizen

    They seem to be taking an approach of finding well-thought-of, well-made but not necessarily well-publicized watches and adding them to their umbrella to give them wider distribution.

    It's smart.
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  7. #6
    Member BrentYYC's Avatar
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    Re: FC Group Bought By Citizen

    Unfortunately, that's a fact of life with any privately owned company. Eventually you need to sell the company to somebody else if you don't have family to hand the reins over to. It's too bad the Stas children weren't interested in carrying on with the family business.
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  8. #7
    Member Bubbalouie's Avatar
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    Re: FC Group Bought By Citizen

    Peter and his wife will remain with the FC Group, which will seem business as usual. However, time will tell if this was a good move.
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  9. #8
    Member Tokei Lover's Avatar
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    Re: FC Group Bought By Citizen

    For f#%€s sake. That sucks. BIG time!
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  10. #9
    Member Tokei Lover's Avatar
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    Re: FC Group Bought By Citizen

    It's not like they were bought by Richemont.

  11. #10
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    Re: FC Group Bought By Citizen

    Quote Originally Posted by Tokei Lover View Post
    It's not like they were bought by Richemont.
    If they had, then it would not have been premature to write their eulogy.

    Can you elaborate on your position in your first post?

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