Reservoir watches in receivership in the midst of their rise

Reservoir watches in receivership in the midst of their rise
Reservoir watches in receivership in the midst of their rise

Published on January 15, 2025 at 07:37. / Modified on January 15, 2025 at 10:20.

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The story was on a perfect trajectory. The bankruptcy of a supplier tore up the road plan. Reservoir, a manufacturer of “Swiss made” watches based in , had to declare bankruptcy at the beginning of January. Putting a pause on the growth that was continuing, despite the difficult environment in which watchmaking is currently operating. Management is now suspended on the schedule. A capital raising is underway, from the company’s 130 shareholders, the deadline is January 29.

Read also: The Vallée de Joux clings to its watchmaking jobs

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