Other threads on WUS talk about a lawsuit that Nomos brought against Muhle in the early 2000s. They say that a German court ruled that Muhle had used the Glasshutte name without justification, and was forced to pay so much that it was left insolvent.
So how is Muhle still selling watches today, and still using the Glasshutte name? Did they simply have enough cash reserves, or get enough bank loans, to keep going? Did they have to move more operations to Glasshutte to be allowed to keep using that name?
I ask partly because I'm interested in business history, and partly because I like their watches and want to make sure that they didn't survive by simply by switching to an outsourcing model.
Anyone know anything?
So how is Muhle still selling watches today, and still using the Glasshutte name? Did they simply have enough cash reserves, or get enough bank loans, to keep going? Did they have to move more operations to Glasshutte to be allowed to keep using that name?
I ask partly because I'm interested in business history, and partly because I like their watches and want to make sure that they didn't survive by simply by switching to an outsourcing model.
Anyone know anything?