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Results for Taste of Time 2026

34,443 articles · 172 videos found · page 1028 of 1154

Business News: Richemont Fortifies Balance Sheet with €2 Billion Bond Sale SJX Watches
Panerai which make up about May 19, 2020

Business News: Richemont Fortifies Balance Sheet with €2 Billion Bond Sale

Having just announced its full-year results while predicting a gloomy outlook for the business, Richemont has successful placed €2 billion of bonds, with coupon ranging from 0.75% for the 8-year note to 1.625% for the 20-year note. The bond placement boosts the Swiss luxury group’s robust balance sheet, which had a gross cash position of €6.34 billion and a net cash position of €2.40 billion at the end of March 31, 2020. The notes received an A+ rating from credit ratings agency S&P;, which also lowered its outlook for Richemont from stable to negative, “citing the possibility of a downgrade if the coronavirus pandemic causes the company’s credit metrics to worsen”. Widely regarded as a savvy investor who transformed his family’s tobaccco-and-banking empire into an even larger one focused the “hard” luxury of watches and jewellery, Mr Rupert’s belief in the severity of the pandemic-induced recession is obvious. That, in turn, does not bode well for the luxury watch business. Richemont’s biggest earner is Cartier – the jewellery division is half the group’s turnover – it also owns a host of luxury watch brands, including A. Lange & Söhne, IWC, and Panerai, which make up about 20% of its sales. During Richemont’s earning conference call on May 15, Mr Rupert explained the bond issue: “We have always believed in protecting our balance sheet… For years, a lot of investment banks questioned us about that it’s a lazy balance sheet. But h...

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Phillips to Offer F.P. Journe Souscription Tourbillon and Resonance SJX Watches
Patek Philippe watches from May 18, 2020

Phillips to Offer F.P. Journe Souscription Tourbillon and Resonance

Postponed from its usual mid-May date to end-June, Phillips’ spring watch auction is Geneva is nonetheless the full works, with 214 lots on offer, including the four spectacular Patek Philippe watches from the collection of Jean-Claude Biver, including a ref. 1518 “pink on pink” and a second-series ref. 2499. Also amongst the offerings at the Geneva Watch Auction XI are two important examples of contemporary watchmaking – a pair of F.P. Journe souscription watches consigned by the original owner – Lorenz Bäumer. A jeweller whose workshop is on the storied Place Vendome in Paris, Mr Bäumer is perhaps best known for crafted the tiara worn by Charlene Wittstock when the former Olympic swimmer wed Prince Albert II of Monaco in 2011. But Mr Bäumer is also a watch aficionado who met François-Paul Journe via a mutual friend. Mr Journe had then decided to launch his own brand by taking inspiration from Abraham-Louis Breguet, who had offered clients the opportunity to purchase a newly-developed, fairly-affordable watch by first putting down a deposit – thus “subscribing” to the offer. The jeweller became a “subscriber” and paid the down payment for a Tourbillon Remontoir d’Egalite “Souscription”, subsequently receiving the watch numbered “14/20” on the dial. A year later, Mr Bäumer was approached once again to “subscribe” for the new Chronomètre à Resonance “Souscription”. He took up the offer, and again got the watch number “14”....

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Desert Island Dials with Stephen Watson Revolution’s New US Editor Revolution
May 18, 2020

Desert Island Dials with Stephen Watson Revolution’s New US Editor

In episode three of Ross Povey’s Zoom video interview series, “Desert Island Dials, where we ask some of our friends from the community what watch they would bring along with them, if they were on a desert island, we have our latest US editor (@steviewatches) speaking with us today. He tells us about his Gerald Genta Automatic Jump Hour Retrograde Mickey Mouse watch and other unexpected pieces in his collection.

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Audemars Piguet Introduces the Royal Oak Selfwinding 34 mm SJX Watches
Audemars Piguet Introduces May 18, 2020

Audemars Piguet Introduces the Royal Oak Selfwinding 34 mm

The new quartet of Royal Oak models marks a first for Audemars Piguet – the Royal Oak Selfwinding 34 mm combines a 34 mm case with an automatic calibre supplied by movement specialist Vaucher. An addition to the line that is not meant to replace any existing model, the new 34 mm watch is now the smallest mechanical Royal Oak for ladies, with the smallest, 33 mm model being quartz, and the next-largest automatic having a 37 mm case. Initial thoughts The new watch fills a gap in the diverse Royal Oak line-up – a watch compact enough for ladies but with a mechanical movement. While the new 34 mm model is not explicitly described as a women’s watch, it is in all but name, as Audemars Piguet already has a 37 mm model as the medium-sized men’s Royal Oak. That said, the proportions of the 34 mm case remind me of the Royal Oak ref. 4100 of the 1970s and 1980s, which was then a large-sized men’s watch and 36 mm in diameter, not too much larger than the new model. By that benchmark, the new 34 mm model should not be a ladies’ watch per se, and could appeal to men who prefer a smaller case size. But for the broader market, it is a ladies’ watch, and I can see its appeal. Importantly, it has a mechanical movement – long absent for the ladies’ Royal Oak – and the versions with the diamond-set bezels offer a bit of bling to go along with the iconic design. So it should attract a new female customer who has always wanted a Royal Oak, but was savvy enough to wait fo...

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Steve wants help with a spreadsheet template for his watch collection, and because it’s a pandemic, we’re doing a call out Time+Tide
May 15, 2020

Steve wants help with a spreadsheet template for his watch collection, and because it’s a pandemic, we’re doing a call out

“Thanks for the emails Andrew,” the email from Steve begins. “All watch info is appreciated in these boring times.” And these boring times are certainly reaching peak levels for poor Steve. The email continues: “I recently spent a couple of days spreadsheeting my watches. I thought there might be a template on the net somewhere … ContinuedThe post Steve wants help with a spreadsheet template for his watch collection, and because it’s a pandemic, we’re doing a call out appeared first on Time+Tide Watches.

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Business News: Richemont Pessimistic After Weak Results SJX Watches
Panerai enjoyed “good sales performance” May 15, 2020

Business News: Richemont Pessimistic After Weak Results

Richemont’s fourth quarter was one of the victims of the COVID-19 pandemic, pulling down its results for the full year to end-March 2020. Even though the full year’s tally was not down substantially, Richemont chairman Johann Rupert was gloomy in his prediction for the coming year. China, the first country to recover from the pandemic, has “apparently returned to ‘business as usual’ remarkably quickly” and Richemont stores there are enjoying now “strong demand”. But because everywhere else is only partway through the crisis, the plain-speaking South African tycoon raised the possibility of “12, 24 or 36 months of grave economic consequences”, while halving the annual dividend to €1 a share to conserve cash. Johann Rupert. Photo – Richemont The Swiss luxury conglomerate, which owns brands like Cartier, IWC, and Panerai, enjoyed “good sales performance” until the fourth quarter, with its jewellery brands and online retail performing better than other divisions, including watchmaking, which has lagged for several quarters. At actual exchange rates, annual sales eked out a 2% rise to €14.2 billion, with most regions growing slightly, save for a 5% decline in Asia Pacific. Net profit fell 34%, excluding a one-off, non-cash gain due to a share revaluation the year prior. The declines were largely due to the fourth quarter, where Richemont took a massive hit. In the last quarter, sales fell by 18% globally, with Hong Kong crashing 67%. The group end...

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FRIDAY WIND DOWN: Hemsworth’s wrist in Extraction proves that the world’s biggest bad-asses wear… Time+Tide
May 14, 2020

FRIDAY WIND DOWN: Hemsworth’s wrist in Extraction proves that the world’s biggest bad-asses wear…

As the world begins to re-emerge from lockdown, so does our awareness of the days. Where in past weeks, Friday has come and gone in a haze of homeschooling and housebound weekends that blur into weekdays, suddenly there’s an ever-so-slight sense of TGIF. And that’s a pretty sweet feeling for us. So, as we do … ContinuedThe post FRIDAY WIND DOWN: Hemsworth’s wrist in Extraction proves that the world’s biggest bad-asses wear… appeared first on Time+Tide Watches.

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From Chris Hemsworth in Extraction to American Sniper, why G-Shocks are the ultimate bad-ass watches Time+Tide
May 14, 2020

From Chris Hemsworth in Extraction to American Sniper, why G-Shocks are the ultimate bad-ass watches

“The least believable part of Extraction is that at no point do any of the 183 people that Chris Hemsworth kills mention how ridiculously good looking he is…” That’s what Netflix said in a recent tweet about their new balls-to-the-wall action extravaganza that’s set to become their biggest movie ever (90 million households watched the … ContinuedThe post From Chris Hemsworth in Extraction to American Sniper, why G-Shocks are the ultimate bad-ass watches appeared first on Time+Tide Watches.

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Zenith El Primero A384 Revival Review WatchAdvice
Zenith El Primero A384 Revival May 13, 2020

Zenith El Primero A384 Revival Review

Earlier this year, during LVMH watch week in Dubai, Zenith released a variety of watches for both ladies and gents. We already looked at the Elite Classic range here. One of the pieces that stood out from this relase was the El Primero A384 Revival watch. The A384 Revival was originally released in 2019, however this year, they have gone back to a full retro look for the watch by releasing it with the exclusive bracelet that the original El Primero A384 made its appearance in.  In 1969 when the A384 was being designed, Zenith had to come up with a new case layout in order to be able to fit the el primero movement. The Zenith A384, alongside A385 and A386, were the first watches to feature the El Primero movement. Along with new case design, the Swiss watch manufacturer sought to go for a new bracelet design too. This is where the famed Gay Frères specialist company came in, to not only create a bracelet that was unique at the time, but also perfectly compliment the El Primero A384’s avant-garde design. What was created by Gay Frères was an open design bracelet, termed “ladder” bracelet. The bracelet was not only comfortable to wear but also gave it a dressier look compared to the conventional steel and sports bracelets at the time.  Stainless steel “ladder” bracelet With the return of this bracelet on the El Primero A384 Revival watch, it goes back to the origins of the timepiece and completing the once retro look it had.  The design of the Zenith El Primero...

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F.P. Journe Introduces the Quantième Perpétuel with Gold Numerals SJX Watches
F.P. Journe Introduces May 12, 2020

F.P. Journe Introduces the Quantième Perpétuel with Gold Numerals

Introduced in 2013, the original Quantième Perpétuel was a concise perpetual calendar with useful features, as well as a peculiar, egg-shaped steel ring around the centre of the dial. Now the design has been refined – but all functionality retained – to create the new F.P. Journe Quantième Perpétuel with gold numerals. And though this was officially announced only recently, the watch has already been available at boutiques for several months. Initial thoughts Compared to the earlier F.P. Journe calendar watches, the Quantième Perpétuel was a big improvement with its highly legible display and improved user friendliness. But the first generation dial was odd because of the steel ring around the centre. That’s been changed with the new model, and the improvement is substantial. The new dial appeals because it doesn’t try too hard to be different. Instead, it differentiates itself in more subtle ways. And the boutique-only blue-dial version is unusual, which is a plus if you’re looking for something different. F.P. Journe has rarely used matte, dark blue dials on standard-production watches; historically only limited editions and custom watches had such dials. Silver and gold Borrowing the clous de Paris engine-turned centre from the Chronometre Souverain, the dial is made of solid silver, while the applied numerals and calendar window frames are solid gold. The addition of gold frames for the calendar do make the positions of the windows more obvious, whic...

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The New Blacklist, Part 1: The best new all-black watches, from around $250 to over $200,000 Time+Tide
Reservoir Dogs will know what May 11, 2020

The New Blacklist, Part 1: The best new all-black watches, from around $250 to over $200,000

Black, noir, sable, stygian … whatever name you wish to call it, there can be no debate – black itself is always cooler than whatever is “the new black”. Anyone who’s seen Tarantino’s 1992 cult classic Reservoir Dogs will know what I mean. And anything that is painted black instantly becomes far, far cooler. Henry … ContinuedThe post The New Blacklist, Part 1: The best new all-black watches, from around $250 to over $200,000 appeared first on Time+Tide Watches.

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