Citizen said it will buy all shares of Bulova Corp. from Loews Corp. for $246 million in January. Citizen wants to strengthen its wristwatch presence in the $200-$600 price range. A representative from Bulova Corp. said that this will help them expand in the U.S., which is the world’s biggest market for watches. Bulova owns brand names Accutron, Caravelle and Wittnauer.
This is the new Patek Philippe Aquanaut with a black rubber dial and a new exclusive Aquanaut pattern. It has a “Tropical” strap with a folding steel clasp emobssed with Patek Philippe’s Calatrava Cross emblem. This strap was developed exclusively for the Aquanaut line, and is made of more than 20 materials. It is an ideal strap for aquatic sports because it cannot be ruined by salt water or extreme temperatures. It is also highly resistant to stress and ultraviolet radiation. It has even been tested by the FDA and is hypo-allergenic. Patek Phillipe also makes a matching ring collection shown here.
