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“In 1979 the Breitling firm went bankrupt & closed.
Low-priced offerings from the Far East, the price war of quartz, a Swiss franc inflated, the increasing shift towards LCD and electronic watches by the Mass public, and Finally, Willy Breitling’s disease, are the basic reasons that caused the closure of his business.
In 1864 Chicago & New York offices were established by Jules Racine, who was a cousin of the Gallet brothers.
In 1975, Upon the death of Léon Gallet, sons Pierre and Bernard assume management of the company. (Taken from the Gallet & Co history Wikipedia entry) Even without the history and Gallet connection, it’s a very cool vintage skin diver!
Whilst Schneider was very prone to back everything up, and copied other brands solutions in this blog we will discover that some of his designs and advances were …or at least they were quite unusual for the time.
The Gallet & Cie (Gallet & Company) name was officially registered by Julien Gallet (1806–1849) in 1826, who moved the family business from Geneva to La Chaux-de-Fonds, Switzerland.