The Swatch watch was released in 1983 as a response by the Swiss watch industry to the encroaching Japanese influence on the market for inexpensive high tech timepieces. The first Swatch was made of slim plastic with only 51 components, allowing it to be sold cheaply. By the 1990s the Swatch had become the most successful wristwatch brand of all time. The key to the popularity of Swatch was its collectibility. By rotating designs and discontinuing popular lines at key moments, the Swatch company was able to give their watches a cult status, especially among young people.
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