PARIS — For Swatch Group, it's time to get greener.
The Swiss watchmaker said Wednesday it would partner with international bank Groupe E to develop clean, renewable energy based on hydrogen and fuel cells.
The two firms, along with Hayek Engineering and other parties, aim to make Switzerland a global leader in renewable energy through a new holding company that may eventually seek a stock market listing.
Swatch chairman Nicholas G. Hayek and Groupe E chief Philippe Virdis are heading a steering committee that will establish new affiliate companies with group employees and other partners, according to a joint statement.
While best known for such watch brands as Omega, Breguet and Tissot, Swatch Group is no stranger to the energy business, having been involved in the development of the Smart, a solar-powered and hybrid car.
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For @laperlalingerie's spring 2018 show, the brand chose to host their event at @thevenetianmacao. With Chinese megastars @bingbing_fan and @hubing in attendance, La Perla debuted a rock ‘n’ roll-inspired collection. The show marked the start of Sands Macao Fashion Week, which runs from October 19 to 24 — the city’s first such event. Pictured here are models backstage with glimmering eyes. #wwdfashion (📷: Cheuk-Yin To)
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Spotted last night at the @erdem x @hm launch event: Kate Bosworth, Rashida Jones, Kirsten Dunst and Selma Blair. The party, which took place in LA, also marked the opening of their pop-up shop. “I was interested in creating a collection that wasn’t in any way disposable. It was about pieces you’d create and keep forever, things that have a permanence to it,” designer Erdem Moralioglu said. #wwdeye (📷: Katie Jones)
Renee Zellweger in yellow in 2001 and again in 2017. Chosen as one of the 12 @pantone Leading Spring Colors (and dubbed “Meadowlark”), it only makes sense that the bright hue stands the test of time and is making a resurgence this season, seen already on stars like @blakelively and @gigihadid. (📷: Donato Sardello & @rexfeatures) #wwdfashion #tbt
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