• In Geneva the AHCI as an international association of the elite of independent working watchmakers is founded.
• Breitling presents the pilot's chronograph Chronomat, which, with its striking appearance, becomes very popular among buyers and is one of the first big successes of watches with mechanical movements after the quartz crisis.
• The Fossil brand is established.
• Auguste Reymond is sold by ASUAG to its managers.
• SMH creates Swatch SA.
• In January, Omega opens the Omega Museum in Biel, the first such museum dedicated to a single brand.

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