Rumor or fact?
luxist.com reports Bedat & Co. may close its business in the nearest future.

Though no confirmed source has been quoted, it shouldn't be a mere allegation under the current economic situation.
Being a business partner with Raymond Weil for 20 years, Bedat & Co. was being branched off by Simone Bédat and his son, Christian in 1996.
By 2006, the Gucci Group owns 100% of the company and the founders departed.
source: luxist.com
luxist.com reports Bedat & Co. may close its business in the nearest future.

Though no confirmed source has been quoted, it shouldn't be a mere allegation under the current economic situation.
Being a business partner with Raymond Weil for 20 years, Bedat & Co. was being branched off by Simone Bédat and his son, Christian in 1996.
By 2006, the Gucci Group owns 100% of the company and the founders departed.
source: luxist.com
Now, Bedat & Co. has been sold to Luxury Concepts Watches & Jewelry, a Malaysian based firm that keeps the brand up and running.
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