The Hour Glass' Michael Tay on how the Singapore watch company, which marks its 40th year, weathered tough times

Group Managing Director of Hour Glass, Michael Tay, attributes this year's rosy profits to a reorganisational exercise he put the company through three years ago.
Group Managing Director of Hour Glass, Michael Tay, attributes this year's rosy profits to a reorganisational exercise he put the company through three years ago.ST PHOTO: DESMOND WEE

SINGAPORE - Mr Michael Tay has just had lunch and is now comfortably ensconced in an armchair in the coffee lounge of the Lutetia, a luxury hotel in Paris' fashionable St Germain district.

It is a rare window in the busy schedule of the group managing director of luxury watch retailer The Hour Glass; he is in the French capital for the launch of a new range of Ulysse Nardin (UN) dive watches.

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