Retail Industry
Industry: Email Alert RSS FeedWill significantly expand clock operation: Bulova takes over Sligh clock business.(WATCHES)(Brief Article)
Jewelers Circular Keystone, October, 2005 by Shuster, William George
Bulova Corp. will significantly expand its clock line and its business in higher-end clocks and enter a growing clock market, thanks to an agreement with Sligh Furniture Co., which makes and sells high-quality wall, floor, and mantel clocks.
Under the pact, announced July 22, Bulova will take over the distribution of fine clocks to Sligh's several-hundred retail clients and add them to its network of jewelers and clock shops. Sligh earlier this year decided to close its clock division to concentrate on its high-end home and office furniture.
Bulova will start providing clocks to Sligh customers, composed largely of specialty furniture and clock retailers, in 2006. It also will provide sales and marketing support. Sligh--pronounced "sly"--will...
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