Loading...The Swiss watchindustry is in the 3rd year of turmoil and crisis. Baselworld will reflect this with many manufacturers not attending this year.
According to the above source, Eterna is having financial difficulties. Rumours have it that it may have difficulty to continue operation? This is not the first, and not the last, watchmaker. Eterna was bought by Chinese investors. I recall their first year in Baselworld after they were bought. They had a huge booth. It was truly impressive. And now? I will be curious to see what happens…
Eterna is a great name with tons of history. They developed the rotor system which is now used in most every automatic timepiece. However, the Quartz crisis in the 80s leads to problems. We will see what happens.