By  on January 27, 2014

PARIS — Raymond Weil, founder and honorary president of the Swiss luxury watch brand, has died at age 87, the company said Monday.

The cause of death was not disclosed. Weil launched the brand in 1976, at a time when the Swiss watch industry was floundering in the face of strong competition from quartz watches made in Asia. The company is one of the few independent family-owned watchmaking companies still in operation, and is now run by Weil’s son-in-law, Olivier Bernheim.

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