Luxury replica watches retailer seeks investment

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A Kent-headquartered retailer of pre-owned luxury replica watches is on the lookout for additional investment as it gears up to expand into international markets.

Stuart Hennell and Lloyd Amsdon, the majority shareholders and co-founders of BuyWatchesTop, have confirmed they are in early stage discussions with unnamed parties. Both financial and strategic investors will be targeted.

A company spokesman said minority shareholders, which include John Gill, Matt Bowlings and investors Beringea and Piton Capital, are “being kept informed regarding the matter”.

The stake available or the amount to be sought has yet to be determined.

The cash raised will be used for international expansion. In January 2016, BuyWatchesTop launched both US and Australia-focused websites, with the focus now on getting a physical presence.

The spokesman said although acquisition talks have taken place with several US and Australian companies, “it is unlikely BuyWatchesTop will use this method to expand”.

BuyWatchesTop reported turnover of £38.7m for the year ended March 2015, a 54 per cent increase from a year earlier.

Founded in 2002, BuyWatchesTop sells pre-owned luxury replica watches such as replica Rolex, Cartier, Tag Heuer, Breitling, Omega and Patek Philippe watches. Aside from website sales, the company operates four shops throughout the UK, as well as a concession stand in Harvey Nichols, Knightsbridge.

A 15 per cent stake in the business was sold to Piton Capital and Beringea for £6m in September 2015.

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Squale 2002 Collection 1000 Meter Automatic Dive Replica Watches Review

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In October of 2015, the monthly giveaway watch on buyWatchesTop was a Squale 2002 Collection 1000 Meter Automatic Dive watch. The winner was James H. from Norton, Massachusetts, USA, and after enjoying his new timepiece, he has shared with us a fake watch winner review for you, the buyWatchesTop audience. Thanks to James and all the other watch winners who share their experiences with the world. And don’t forget to enter here for a chance to win this month’s giveaway for a TAG Heuer replica watch and Indianapolis 500 Race experience. Here is James’ review:

Squale stands out to me as a watch brand for a few different reasons, most of them having to do with authenticity. We are seeing a current uptick with replica watches enthusiasts buying re-issues and heritage pieces. Authenticity is lacking, with faux patina lumes and words like “Heritage” adorning dials. But is there a watch built to the standards of a real heritage piece without any gimmicks?

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The Squale 2002 Collection 1000 Meter Automatic dive watch is just such a watch. Packaged beautifully with a professional presentation that clearly represents the ocean and makes sense here. A very brief history of the company: it was founded in the late 1950s by a fabricator and supplier of fake watches cases to legendary dive watch companies such as Blancpain and Doxa, and thus an indirect inspiration to their next step, to craft their own dive replica watches. After the almost complete death of the company with the passing of their founder, it was later purchased by friends of the Von Burens family. When you look at this replica watch, you see more than a wannabe throw back, you see something genuine and whole – this is an authentic dive watch from a time before computers were created. I would happily take this piece snorkeling or exploring some water-filled caves – real places I have been, and this watch would have proved to be a great companion.

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This watch is created to be swallowed whole by the blue depths of the ocean. It utilizes a very cool bezel made from Bakelite, hand-painted in several layers of luminescent paint, and which requires you to push down on it to rotate and mark your times – rather simple, yet more secure than what we see today, and certainly not complicated. With 1,000 meters water resistance, you know this fake watch is the real deal – again, a feature of the original back in the ’70s. We see increments of improvement here, e.g., the ETA 2824-2 movement, no-radioactive lume, and a genuine sapphire crystal. So, rather than a compete change of ideology, we have an upgrade for our benefit. Suggested improvements? I would like to see it a tad thinner in profile, longer lugs, and a bit more balanced on the wrist. Then again, if we did this today, it wouldn’t be fresh from the ’70s anymore!

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I realize this is brief, though I doubt if you take the plunge with this watch as your companion you would ever be disappointed. Finally, I’d like to thank Squale for the watch and buyWatchesTop for this fantastic opportunity!

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Indianapolis 500 Race With TAG Heuer Replica Watches Giveaway

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Racing… it is all about the dream of victory, exceeding expectations, and winning because you have the right tools and the right skills. For decades, the worlds of timing machines and race cars have been connected, and today they still are. Replica Watches brands regularly hire car designers and engineers, while automobile makers are keen to work with those watch companies that share their values, style, and appreciation of tradition. Within those worlds, there are few more exciting partnerships than when replica watch maker and racing event combine forces. To experience a savory slice of that world, TAG Heuer and buyWatchesTop invite one lucky audience member for the opportunity to travel to Indianapolis for the 100th running of the Indy 500 in May of 2016.

Like all buyWatchesTop holiday giveaways, we wanted to make this event both memorable and exciting. The giveaway begins with a trip to Indianapolis, Indiana, on May 27 (until May 30th) where the winner will enjoy TAG Heuer’s hospitality and VIP access to the 100th running of the Indianapolis 500 race on May 29th. That includes paddock and behind the scenes access at the track… as well as a TAG Heuer timepiece. That’s right, one lucky person gets the full Indy 500 experience along with a TAG Heuer replica watch (to keep things exciting, we aren’t going to share just what model yet, and the picture above is just a “telling” example) to commemorate the event.

TAG Heuer has been an Indy 500 sponsor since 2004 and a friend for fast cars and racing for decades. As part of the Indy 500 trip giveaway, the winner will also get a “supercar track day” experience at a local Indianapolis race track. This is very important because when in the midst of fast vehicles, the natural tendency for most people is to want to drive one.

Thanks for being a great member of the buyWatchesTop community all year, and good luck to all those who enter the Indianapolis 500 trip with TAG Heuer and buyWatchesTop giveaway. Please note that even though not intended, given potential scheduling and logistical changes that may occur, buyWatchesTop and TAG Heuer reserve the right to modify or make substitutions to the giveaway offer. Also, this particular giveaway has been designated by the giveaway sponsor to be only open to legal residents of the United States of America. Enter below for a chance to win!

To Enter You Must:

1. Comment on this post below (on buyWatchesTop.co.uk, not Facebook, or elsewhere you might see this article) before the giveaway is over with your valid e-mail address where required (if you’ve signed up for the commenting system before, your e-mail should already be in there). In the body of your comment, mention one of your favorite “driving fast” or car-related life experiences and perhaps how that has helped make you the watch lover you are today.

2. Be a pal. If possible, follow all or any of the following:

  • Like buyWatchesTop on Facebook
  • “Circle” buyWatchesTop on Google+
  • Like TAG Heuer replica watches on Facebook

3. Wait until the giveaway is over on December 31, 2015, for the winner to be chosen at random. A couple of basic rules. You can only enter once. You must comment with a valid e-mail address where you can be reached. Your comment must be confirmed and approved. You must complete the objectives to be considered. You are responsible for providing your contact shipping information if you are chosen. Shipping restrictions to non-US entrants may apply based on sponsor’s policies. Giveaway watch selection based on sponsor’s inventory and watch availability. All comments made after the end of the giveaway period will not be considered. If you are chosen as a winner, you then have 24 hours to ensure receipt of your full shipping information or an alternative winner will be chosen.

Good luck, and thanks to TAG Heuer, the sponsor of the TAG Heuer replica watches and Indianapolis 500 trip giveaway here at buyWatchesTop!

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