GENEVA: A Swiss watchmaker has gone into receivership, blaming an injury suffered by Brazilian star Ronaldo for a drop in sales of a watch the player had promoted.
The Montega company has until Aug 25 to find a way out of insolvency and is currently locked in a legal dispute with the Brazil and Real Madrid striker, Geneva lawyer Benedict Fontanet said.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
