BUCHERER ANNOUNCES ACQUISITION
OF THE RETAIL GROUP THE WATCH GALLERY LTD, LONDON«The Watch Gallery provides a very exciting opportunity for the Bucherer Group», said Guido Zumbühl, CEO of the Bucherer Group. «This acquisition strengthens our position as the leading European retailer in fine watches and jewellery and expands our brand presence in a very important international capital city. We will do everything to give our local and international customers the very best shopping experience. We are delighted that The Watch Gallery’s management will join our team to ensure both continuity and to help us drive the future success of Bucherer within the UK.»
David Coleridge, Chairman of The Watch Gallery commented: «Bucherer is the perfect partner for us. With the backing of one of the world’s leading watch retailers, The Watch Gallery’s customers, business partners and employees will benefit from their tremendous experience, innovation, improved product selection and services. Bucherer’s experience in prestige department stores will be particularly beneficial to the growth of our business in Selfridges’ Wonder Room. Bucherer are the world’s leading Rolex partner; uniquely competent to our advancement of our Rolex boutiques at One Hyde Park and in Selfridges. I am extremely proud to be joining the Bucherer ‘family’ and look forward to an exciting future with my team.»
Jörg G. Bucherer, owner and President of Bucherer said: «I am delighted to bring our 130-year-old brand to London. This city represents heritage like no other, yet at the same time it is at the centre of so many exciting new ideas that spread to the wider world. London is the perfect place to begin this fresh chapter of my family’s business.»
