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The auction featured a selection of 78 Swiss luxury timepieces from Rolex, Patek Philippe, Omega, Tag Heuer, Cartier, Hublot, Tiffany & Co., IWC and others.
Dubai-based company The Damac Group has acquired Swiss jewellery brand de Grisogono which filed for bankruptcy in 2020, following a series of media exposés that led to its controversial downfall.
Dubai-based luxury conglomerate Damac Group has purchased Swiss jeweler De Grisogono in an effort to penetrate new sectors.“Keeping in line with our ambitions to expand our business into the luxury and high-end fashion realm, bidding for De Grisogono came to us naturally,” Damac founder and...