Concord Watch

Concord Watch Company SA
Company typeSubsidiary
IndustryWatch Manufacturing
FoundedBiel, Switzerland 1908
Number of locations
120 stores (2008)
Area served
Worldwide
Key people
Alex Grinberg (CEO)
ParentSubsidiary of Movado
Websitewww.concord.com

Concord Watch Company is a Swiss luxury goods company that is part of the Movado group, which produces and distributes Movado, Ebel, Coach, and Hugo Boss-branded watches. Founded in 1908, Concord was purchased in 1970 by the North American Watch Company, which also distributed the Piaget and Corum lines of watches. From the late 1970s to the late 1980s, Concord produced luxury quartz watches. Flagship quartz models such as the Concord Centurion and Concord Delirium ranged from $2,000 to $20,000, surpassing the price of base automatic Rolex, Cartier and Omega wristwatches. By the 1990s, Concord watches fell out of style and grew obsolete amidst the rebranding of the company. While the brand still exists today, it never regained its market position nor visibility that it once had.