Join us on

Omega

Omega

Industry: 
Luxury
Country: 
Switzerland
Sources: 

Omega is a subsidiary of the luxury watch conglomerate Swatchgroup

--

The Swiss luxury watchmaker lists ten authorized retailers in Tehran. (Omega Website, "Store Locator," Input: "Iran")

--

"Not-for-profit advocacy group United Against Nuclear Iran (UANI) has launched its Luxury Goods Campaign against luxury brands, calling on, amongst others, Omega to cease supplying its timepieces to retailers in Iran. UANI’s chief executive Mark D. Wallace told Fox News: 'The IRGC and the Iranian elites have for many years purchased and sought the finest of western goods. And unfortunately over the years, because of petro dollars, the elites have had the ability to purchase these goods' . . . UANI has now said it will call on Omega to exit the Iranian market. It has sent a letter to Omega’s president Stephen Urquhart and Swatch Group’s chief executive and president Nick Hayek." (WatchPro, "Anti-nuclear group calls for Omega to exit Iran," 8/20/12)