Corum is a Swiss watchmaking company founded in 1955 by René Bannwart and his uncle Gaston Ries, based in La Chaux-de-Fonds, Canton of Neuchâtel. The benchmark watch series for Corum is its "Admiral's Cup" series. The company is owned by Hong Kong–based Citychamp Watch & Jewellery Group Limited together with Eterna. Both of these Swiss watch companies are managed by a management committee composed of Yeznig Magdhessian, Soon Boon Chong & Maxime Ranzoni.
Corum was also the maker of the World Series of Poker watches that accompanied the World Series of Poker bracelet in 2007 and became the maker of the bracelets themselves in 2007.
History
Corum was founded in 1955 in La Chaux-de-Fonds, Switzerland, by Gaston Ries and his nephew, René Bannwart. The first Corum watches were produced one year later.
Soon after its establishment,Corum introduced a watch made out of a $20 gold coin, which was an instant best-seller. This became one of its signature pieces. Corum is also known for its "World Premiers". Each year, it has produced a limited number of limited edition pieces.
In January 2000, Corum was acquired by the Severin Wunderman Group. The American businessman had made his fortune by launching Gucci watches. Following the Wundermans’ purchase of Corum, Severin and Michael Wunderman introduced twelve new models for the 2000 Basel Watch Fair. He expanded the brand into the American market and multiplied its points of sale.