In 1853, father-and-son team, Charles-Félicien Tissot and Charles-Emile Tissot founded the shop we know today as Tissot. Back then, it comprised a network of specialised but independent workers who produced the different watch parts which were then assembled in pocket, pendant or complication watches and sold at the shop.
Towards the end of 1917, the company became a manufacture with the production of movement blanks, and later merged with Omega to form the Société Suisse pour l’Industrie Horlogère (SSIH)—Switzerland’s first watchmaking association.
When the quartz crisis hit in the 1970s, the late Nicolas G. Hayek suggested the main groups of watchmakers merge. SSIH, together with ASUAG (the group of movement and component blanks manufacturers), combined to form the Swiss Corporation for Microelectronics and Watchmaking Industries Ltd, later known as The Swatch Group in 1998.
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