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Titoni

From Wikipedia, the free encyclopedia
Titoni Ltd.
Company typePrivate[1]
IndustryWatch Manufacturing
Founded1919[2]
FounderFritz Schluep
Headquarters
Key people
Daniel Schluep
(CEO), Marc and Olivier Schluep (Operative Leadership)[3]
Number of employees
60
Titoni Ltd. located at Grenchen, Switzerland

Titoni Ltd.is a Swiss watchmaker that was founded in 1919[2]by Fritz Schluep in the Swiss town of Grenchen[2]under the name Felca Ltd. The company, which is now owned and operated by the third and fourth generation of its founding family,[3][4]currently employs around 60 people.

Expansion to China

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Chinese sailors bought them watches Felca was selling in Singapore and Hong Kong.[2]The founder's son, Bruno Schluep, first established contacts with one of these Chinese businessmen, Koh Mui Yew, in 1944.[2]

In 1960 the Chinese State Import Authority ordered Titoni watches after Felca invited a delegation to Switzerland. The company name was soon extended to Felca & Titoni Watches Ltd.[2]and later Titoni Ltd. Felca branded watches continued to be sold in Europe, while the Titoni brand was used in Asia.[2]

Titonimanufactures watches in the mid-price range. During China's planned economy rule a maximum price of CHF 80 was prescribed by the communist regime.[2]

Quality

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Titoni watches have a reputation for high quality at a reasonable price, and is considered a prestigious status symbol especially in Asia.[2] During the 1970s watch crisis due to the introduction of quartz watches, Titoni opted for a mix of traditional mechanical watches with quartz watches.[2]

References

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  1. ^"Certificate of registration".
  2. ^abcdefghijMessmer, Matthias (2013). "Titoni Ltd.: An Independent Swiss Watchbrand in China".Business Transformation Essentials.Surrey, England: Gower Publishing Limited.ISBN9781472426987.
  3. ^abToggweiler, Andreas (8 August 2022)."Generationenwechsel bei Titoni – und was es alles braucht, um ein eigenes Uhrwerk zu entwickeln".Grenchner Tagblatt.Grenchen.
  4. ^"Sponsored Post: TITONI Celebrates A Century Of Independent Swiss Watchmaking With In-House T10 Movement/".aBlogtoWatch.9 November 2022.Retrieved9 September2023.

Official PageTitoniAG