Gevril Group Teams Up With Local Sports Complex

Valley Cottage Little League Braves


by Adrian Herscovici  

Gevril Group announced today that it is now an official sponsor of the Herb Reisman Sports Complex. The complex, located in the Town of Ramapo in Rockland County — close to Gevril Group head office in Valley Cottage — is home to several amateur sports leagues and teams.

Samuel Friedmann, owner and president of Gevril Group, is an advocate of strong partnerships and believes collaboration is a key success factor in both business and community development. By supporting youth and youth programs in the Rockland County area, Gevril Group is helping to build and sustain the vibrant community in which it is based. In 2013, Friedmann was presented with a Certificate of Achievement from Rockland County in appreciation of his service rendered to the county.

“Community matters,” says Friedmann. “It is our sincere belief that one of the best ways to ensure Rockland County thrives is to give back. We are fortunate to live and work in an area rich in parklands, and it is important that these public spaces be maintained for youth activity now, and in the future. We want to ensure that teams like the Valley Cottage Braves and other little leaguers have a place to exercise, play and compete.”

Rockland County Little League Herb Reisman Sports Complex
Rockland County Little League Herb Reisman Sports Complex
Click to Enlarge Image Click to Enlarge Image

The Herb Reisman Sports Complex provides youth and adults with a huge play surface spanning multiple sports. The complex includes a recreation center, two baseball diamonds, tennis courts, basketball courts, sand volleyball courts, a walking path and an all-purpose football and soccer field. The sports complex is adjacent to the Eugene Levy Memorial Park, which has additional facilities.

Two Gevril Group banners are prominently displayed in one of the baseball diamond outfields. The first is a promotion for Haurex, an Italian brand that produces trendy and affordable sport watches like the Turbina II pictured on the banner. The second banner shows one of Gevril’s signature models, the Avenue of Americas Glamour.

Haurex Banner Gevril Banner
Haurex Banner Gevril Banner
Click to Enlarge Image Click to Enlarge Image

About Gevril Group

Gevril GroupGevril Group, watchmaker and wholesale watch distributor, is the exclusive U.S. agent for exquisitely designed and crafted European luxury and fashion watch brands, distributing and servicing some of the best affordable luxury and Swiss watches and trendy fashion watches. Gevril Group also operates a full-service watch repair, staffed by master Swiss watchmakers. Contact Gevril Group by email or by calling 845-425-9882.

Join the conversation! Follow Gevril Group on Facebook, Twitter and LinkedIn. Please subscribe to the Gevril Group newsletter and blog.

Swatch Group Buys Harry Winston


by John Sealander  

Swatch Group

The Swatch Group Adds Another Jewel to Its Empire

Swatch Group Buys Harry WinstonOn January 14, 2013 legendary jeweler and luxury watch manufacturer Harry Winston became part of the powerful Swatch Group in a one billion dollar sale. As part of the sale agreement, Harry Winston will net $750 million and The Swatch Group will assume $250 million in Harry Winston pro forma debt.

The Harry Winston name has been synonymous with luxury for decades and has been hailed in film, TV and song. Who could forget the 2000 benefit concert where Elton John sang “Diamonds are a Girl’s Best Friend,” wearing over $3 million in Harry Winston Jewels. To this day, Harry Winston jewels and luxury timepieces are a mainstay at almost every Hollywood Red Carpet event.

Consolidation in the Watch Industry

When The Swatch Group purchased this legendary company, it provided further confirmation of the trend toward consolidation within the watch industry that has been taking place for many years. The Swatch Group, which already owns Breguet, Blancpain, Glashütte Original, Jaquet Droz, Omega, Longines, Rado, Union Glashütte, Tissot, Certina, Mido, Hamilton and many other famous brands, will benefit from the Harry Winston acquisition in a variety of ways.

Not only does Harry Winston have 21 directly owned retail locations worldwide, it also is a major diamond producer with ownership of several diamond mines in Canada’s Northwest Territories. Since Swatch is a major buyer of polished diamonds for its luxury brands, it is already exploring a joint diamond-polishing venture with the Dominion Diamond Corporation, a Harry Winston subsidiary.

Now that Harry Winston has become part of the Swatch Group empire, there are only a few brands like Rolex, Patek Philippe, Fortis, Gevril, Breitling and a handful of others who continue to remain independent. Watch brands that lack the capacity to manufacture their own movements will need alliances with huge conglomerates like Swatch, just to stay in business. It is unclear which company the powerful Swatch Group will buy next. What is certain however is that there are fewer and fewer choices left.

About Gevril Group

Gevril GroupGevril Group is the exclusive US representative for select European watch brands, distributing and servicing luxury, fashion and sports timepieces at a wide range of price points. Gevril Group also operates a full-service watch repair department staffed by master Swiss watchmakers.

Please subscribe to the Gevril Group newsletter and blog updates. Reader comments are welcome.

Harry Winston Sale Rumors

by John Sealander  

Harry Winston Storefront NYC

Is the Harry Winston Watch and Jewelry Business For Sale?

Harry WinstonWhen Reuters and Women’s Wear Daily reported recently that luxury goods powerhouse Harry Winston was looking for buyers for its lucrative watch and jewelry business, it caused a lot of speculation within the watch industry.

There has been a trend towards consolidation within the watch industry for many years, and if Harry Winston were to be purchased by a luxury conglomerate like LVMH or PPR, as it has been rumored, it could confirm the fears of some that a few large companies could control the entire industry.

Consolidation in the Luxury Industry

Premier luxury brands are already controlled by various different conglomerates. Brands such as Zenith, Hublot, TAG Heuer and Bulgari, are controlled by luxury conglomerate LVMH; IWC, Jaeger-LeCoultre, Vacheron Constantin, Panerai and Piaget by Richemont; and Blancpain, Omega, Tissot, Rado, Balmain, Breguet and Hamilton by Swatch Group. In fact Swatch Group has gained so much influence recently, that it makes the movements that power the majority of the world’s timepieces. Only a few brands, like Rolex, Patek Philippe, Fortis, Gevril and Breitling remain truly independent.

While Harry Winston has issued a statement denying that its luxury business was for sale, it has not closed the door completely. Regarding the recent rumors in the press, a Harry Winston spokesperson said, “The company does not intend to make any further public announcements regarding this matter unless it concludes that they are warranted by the circumstances or are required by law.”

This isn’t the first time there has been speculation about the sale of Harry Winston assets. Just last year, it was the giant Swatch Group that was rumored to be eyeing a Harry Winston acquisition. Whatever happens, it is safe to say that the trend toward consolidation will continue.

The Value of In-House Manufacturing

According to Gevril Group owner Samuel Friedmann, as fewer and fewer of the world’s leading brands have the capacity to manufacture their own watch movements, they will need alliances with the conglomerates simply to stay in business. “In this environment, a company that that can manufacture watches completely in-house is more valuable than ever before.” You can probably guess what company Samuel Friedman is talking about.

About Gevril Group

Gevril GroupGevril Group is the exclusive US representative for select European watch brands, distributing and servicing luxury, fashion and sports timepieces at a wide range of price points. Gevril Group also operates a full-service watch repair department staffed by master Swiss watchmakers.

Please subscribe to the Gevril Group newsletter and blog updates. Reader comments are welcome.

Celebration Time for Giants Fans


New York Giants Victory ParadeToday was the Giants Victory Parade and Rally, where hundreds of thousands of fans celebrated New York’s Superbowl victory! As we said in our blog post yesterday featuring legendary Giants player Michael Strahan, we at Gevril Group in New York have been Giants fans for years.

We’re not fair-weather Giants fans who only root for the team when they’re winning. It’s very easy to cheer for a winner when they get a parade and keys to the city, but real fans are there good times and bad, year in and year out, showing their support and admiration for the team.

Being long-time fans, of course we have some great Giants memories in our photo album! Let’s take a walk down memory lane for a moment. We remember having a blast when former Giant quarterback Jesse Palmer — you may also recognize him as “The Bachelor” from that show’s fifth season — joined us, along with company President Samuel Friedmann, for a special Gevril Group event in New York celebrating the Avenue of the Americas watch collection.

Take a peek at our photo album, and you’ll see Jesse wearing this watch with style!

Gevril’s Sam Friedmann with Jesse Palmer Jesse Sporting a Gevril Avenue of Americas Watch
Jesse Palmer With Sam Friedmann title=
Jesse Palmer Wearing Gevril Avenue of Americas Serenade Watch
Click to Enlarge Image Click to Enlarge Image

About Gevril Group

Gevril Group and New Dover GroupGevril Group is a leading distributor and service center for well over thirty select brands of luxury watches and fashion watches, having become a preeminent B2B marketing company by working harder and thinking smarter than our competitors.

We invite you to “like” us on Facebook and to subscribe to the Gevril Group newsletter and blog digest. Your comments are welcome.