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Watchmaker Bremont secures 48.4 million pounds in funding

British watchmaker Bremont has secured an investment of 48.4 million pounds (59 million dollars) following a record year. The funding came from investors Bill Ackman and his affiliate, alongside existing investor Hellcat LP. “This new capital will enable us to invest in marketing, distribution, and talent,” said Bremont co-founder Giles English...