, after significant downsizing, as well as the reformation of R&D. The new company achieved quick success and substantial growth. It is now considered one of the largestReplica Chanel Watches companies fendi bags in the world. In 1998 the company changed its name to Swatch Group. It now owns Blancpain and Breguet. Although the company diversified over the years, its leading brand is still considered to be Breitling.