bevhillstrainer
Tyme Machine
- Joined
- Aug 12, 2015
- Messages
- 1,420
Too bad they were a great brand,
“After serving the Dive Watch Community for almost 15 years, it is with very heavy hearts that I have decided to close ZIXEN WATCH INC. “The decision to close our doors has been extraordinarily difficult. We postponed it for as long as possible,and arrived at this conclusion only after immense consideration. However, due to several factors, it’s no longer financially feasible for ZIXEN to continue to operate. “Market factors have played the most significant role. Our facility was built to support product demand at the height of Micro watch Brand movement, but our sales never fully recovered following the Great Recession. We have watched our sales dwindle dramatically to only 20 percent of production capacity, while overhead expenses have continued to increase. Our consistently reduced levels of sales simply cannot cover the fixed costs required to operate. “Additionally, the entire Global mechanical watch industry is now being challenged by the new trends in electronic media and gadgets. ZIXEN WATCH INC would like to express our deepest gratitude to all of our partners, customers, fans and others who have supported ZIXEN over the past 12 years, and who continue to support us now. We will continue selling the inventory we currently have on hand over next couple of months ahead. We are now offering a 40% discount on all existing inventory. please e mail us at [email protected] addition if you are interested in the latest new project which we completed few months ago the ZIXEN Pilot Chronograph mechanical wind, we have a limited number in stock 15 units that are also on clearance, $850.00. e mail us for detail and available inventory. Thanks again to all of our fan worldwide and wish you all success, health, and happiness!!”
Yours truly,
Joe Sadri
“After serving the Dive Watch Community for almost 15 years, it is with very heavy hearts that I have decided to close ZIXEN WATCH INC. “The decision to close our doors has been extraordinarily difficult. We postponed it for as long as possible,and arrived at this conclusion only after immense consideration. However, due to several factors, it’s no longer financially feasible for ZIXEN to continue to operate. “Market factors have played the most significant role. Our facility was built to support product demand at the height of Micro watch Brand movement, but our sales never fully recovered following the Great Recession. We have watched our sales dwindle dramatically to only 20 percent of production capacity, while overhead expenses have continued to increase. Our consistently reduced levels of sales simply cannot cover the fixed costs required to operate. “Additionally, the entire Global mechanical watch industry is now being challenged by the new trends in electronic media and gadgets. ZIXEN WATCH INC would like to express our deepest gratitude to all of our partners, customers, fans and others who have supported ZIXEN over the past 12 years, and who continue to support us now. We will continue selling the inventory we currently have on hand over next couple of months ahead. We are now offering a 40% discount on all existing inventory. please e mail us at [email protected] addition if you are interested in the latest new project which we completed few months ago the ZIXEN Pilot Chronograph mechanical wind, we have a limited number in stock 15 units that are also on clearance, $850.00. e mail us for detail and available inventory. Thanks again to all of our fan worldwide and wish you all success, health, and happiness!!”
Yours truly,
Joe Sadri