Sowind and The Hour Glass - Collaboration Agreement

The Sowind Group, which includes the Girard-Perregaux and Jeanrichard brands, has signed an agreement with The Hour Glass Ltd. to exclusively distribute both brands in Southeast Asia. Founded in 1979, The Hour Glass specialises in the resale of luxury watches in Asia and, under the terms of this agreement, will manage the sales of Girard-Perregaux and Jeanrichard, as well as the distribution channels, marketing and after-sales activities for Southeast Asia, effective immediately. Michele Sofisti, CEO of the Sowind Group, said: "We are very excited to be working with The Hour Glass, one of the most successful luxury watch retailers with an exceptional sales and manufacturing culture. We are confident that this agreement will offer solid opportunities to strengthen our presence in the territory and help us to develop the full potential of our brands by offering an exceptional service to our customers."

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