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Results for The Swatch Group

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The Swatch Group

Largest Swiss watch employer (~17,000 staff). 18 brands from Breguet/Blancpain at the top to Swatch at entry. ETA SA + Nivarox-FAR. Hayek family controls.

Drone pilots? Snooker players? Four watch ambassadors straight out of left field Time+Tide
Dec 29, 2019

Drone pilots? Snooker players? Four watch ambassadors straight out of left field

Some boardroom discussions would be fascinating to observe. The brand decisions presumably make sense at the time, but can appear a little odd to the rest of us. Every so often, however, a brand makes a bold play to distinguish itself from its price-point competitors and it kind of works. Sometimes because the brand chose … ContinuedThe post Drone pilots? Snooker players? Four watch ambassadors straight out of left field appeared first on Time+Tide Watches.

Gerontohorologyphobia: A Young Man’s Fear Of Being Seen Wearing An Old Man’s Watch Quill & Pad
Dec 26, 2019

Gerontohorologyphobia: A Young Man’s Fear Of Being Seen Wearing An Old Man’s Watch

Colin was wearing a steel watch with blue dial when the receptionist at the trading company he was working for, a chirpy lass straight out of the BBC’s 'Eastenders' soap opera, looked down disdainfully and said, “I hate watches with blue dials. They remind me of old men in pubs.” What happened after that can only be described as a case of gerontohorologyphobia: fear of inadvertently wearing an old man's watch.

Auction Watch: Breguet Skeleton 30-Day, Constant Force Clock by Philippe René Jaccard SJX Watches
Breguet Skeleton 30-Day Constant Force Dec 7, 2019

Auction Watch: Breguet Skeleton 30-Day, Constant Force Clock by Philippe René Jaccard

One of the most intriguing timepieces being offered in the final run of watch auctions for 2019 is not a wristwatch, but an incredibly rare table clock made by Breguet in 1934 that’s going under the hammer at Christie’s. It hardly looks like a typical Breguet – having no engine-turning or gilding or blued steel hands – but is remarkably striking, with a skeletonised, architectural movement that is modern-looking despite being 85 years old. Abraham-Louis Breguet is rightly regarded as one of the most important watchmakers in history, whose inventions range from the natural escapement to the tourbillon, while being commercially savvy enough to become a leading watchmaker to the Ottoman Empire. But his descendants ventured into other businesses by the mid 19th century, most notably aviation, so the watchmaking operation was sold by Louis-Clément Breguet, grandson of Abraham-Louis, in 1870 to English watchmaker Edward Brown. The Browns kept the workshop in Paris, though it moved several times over the decades. During the century that the Brown family ran Breguet – Brown’s grandson George sold the company to French jeweller Chaumet in 1969 – the firm mostly retained the signature Breguet style and produced a large variety of timepieces, but in tiny quantities, often relying on external specialists for movements and components. Timepiece no. 3142 This clock is one such timepiece from the period. A unique piece according to the accompanying Breguet museum archive...

This Panerai Submersible BMG-Tech is a killer summer watch Time+Tide
Panerai Submersible BMG-Tech Dec 7, 2019

This Panerai Submersible BMG-Tech is a killer summer watch

Editor’s note: A summer watch can be many different things, however, there is one prerequisite – it needs to be water resistant. I’m not talking about a mere 3-ATM either … a timepiece to wear December through February has got to be able to hang poolside or 100 metres below the deep blue. Panerai’s Submersible … ContinuedThe post This Panerai Submersible BMG-Tech is a killer summer watch appeared first on Time+Tide Watches.

Why did Dubai Watch Week invite a quantum physicist to speak? Time+Tide
Nov 28, 2019

Why did Dubai Watch Week invite a quantum physicist to speak?

Science is very boring. For most people at least, and Michael Biercuk, who works as a quantum physicist, is far from most people. In fact, the phrase “Only boring people get bored” goes a long way to explaining why (if you follow the syllogism) Michael is deeply interested in a highly technical area that causes … ContinuedThe post Why did Dubai Watch Week invite a quantum physicist to speak? appeared first on Time+Tide Watches.

WATCHSPOTTING: At Dubai Watch Week 2019 Time+Tide
Patek Philippe Dubai also showed Nov 26, 2019

WATCHSPOTTING: At Dubai Watch Week 2019

In a city as affluent as Dubai, it isn’t a surprise to see some pretty wild watches come out to play at the city’s own Dubai Watch Week. While there are some of the usual suspects to be seen, such as Rolex and Patek Philippe, Dubai also showed its sophisticated side with some less common … ContinuedThe post WATCHSPOTTING: At Dubai Watch Week 2019 appeared first on Time+Tide Watches.

Patek Philippe Ref. 2523 World Time Becomes Most Expensive Watch Sold in Asia SJX Watches
Patek Philippe Ref 2523 World Time Nov 25, 2019

Patek Philippe Ref. 2523 World Time Becomes Most Expensive Watch Sold in Asia

Just two weeks after the Patek Philippe Grandmaster Chime in steel set the record for the most expensive watch ever when it sold for US$31m at Christie’s in Geneva, the auctioneer clinched the title of most expensive watch sold in Asia, toppling the former record holder. It sold a Patek Philippe ref. 2523 double-crown world time wristwatch – with a blue enamel dial signed by Milan retailer Gobbi – for HK$70.175m including fees, equivalent to US$8.97m. The result yields a tidy profit for the seller, a noted Asian collector who purchased the watch in 2010 at Christie’s in Geneva for 2.675m Swiss francs. One of two known with a blue enamel dial and extremely crisp, the ref. 2523 was offered for sale in an unusual manner. Though it was part of the Hong Kong watch auction, the watch was instead offered as the first lot during the 20th century and contemporary art sale a few days before, presumably to appeal to buyers who regularly spend much larger sums on art. The watch was extensively documented by Christie’s in its catalogues, both online and offline, though it did not do the typical presale marketing tour around the region due to its insured value. The presale estimate of HK$55m-110m, or about US$7m-14m, made the ref. 2523 the most expensive lot to be ever offered at a watch auction – leading to some mutterings that the watch might not sell – so anticipation was high when the sale started at 5:30pm, especially since ultra high-value vintage watches are usual...

Dubai Watch Week WSTD – Julian’s DOXA SUB 300 Professional Time+Tide
Patek Philippe Nov 24, 2019

Dubai Watch Week WSTD – Julian’s DOXA SUB 300 Professional

While wandering the booths of Dubai Watch Week, any enthusiastic eye can spot Rolex, Patek Philippe and the rest of the usual suspects on the wrists of other attendees, but it was a surprise to see a flash of orange pass by one afternoon. Sure enough, after stopping and speaking with Julian briefly, I confirmed … ContinuedThe post Dubai Watch Week WSTD – Julian’s DOXA SUB 300 Professional appeared first on Time+Tide Watches.

Real watch lovers of Sydney turn out for second launch of DOXA in Australia Time+Tide
Doxa Nov 24, 2019

Real watch lovers of Sydney turn out for second launch of DOXA in Australia

If I could offer one piece of advice for anyone who is ever asked to speak at a watch event, it is this: know your stuff. At the second launch of Doxa watches in Australia in a week, this time in Sydney at the home of Oscar Hunt tailors in York Street, I spoke about … ContinuedThe post Real watch lovers of Sydney turn out for second launch of DOXA in Australia appeared first on Time+Tide Watches.

Chopard Alpine Eagle: A Cool – And Ethical – Sports Casual Watch Quill & Pad
Chopard Alpine Eagle Nov 21, 2019

Chopard Alpine Eagle: A Cool – And Ethical – Sports Casual Watch

Stainless steel case, integrated bracelet in the same material, manufacture movement, and a blue dial: these are the ingredients for today's watches that people are willing to spend a significant premium to obtain. For many, this was also the first thought that went through heads when Chopard recently launched its new blue-dial, stainless steel, sporty watch, the Alpine Eagle. Martin Green looks beyond that pretty blue face after wearing it for a week and gives us his thoughts.

Highlights: Phillips Hong Kong Watch Auction SJX Watches
Vacheron Constantin ref 6378Q automatic Nov 19, 2019

Highlights: Phillips Hong Kong Watch Auction

While the first instalment of highlights in Phillips’ upcoming Hong Kong auction covered mostly complicated watches, this is a look at the simpler and sportier stuff. A good number of the sports watches are in First, the opening session of the sale that is made up of watches consigned by the original owners. Some of these watches are distinguished by thorough historical documentation, as with the Rolex Submariner ref. 5512 below that includes several photographs of the original owner wearing the watch. And the rest of the sale also includes a few gems that are not exceptionally valuable, but attractive in both style and price. One example is the Vacheron Constantin ref. 6378Q automatic in white gold, with a diamond-marker dial to boot. This is part two of the highlights; you can find part one here. And the full catalogue is available on Phillips.com. The 6378Q First lot 813 – Cartier Crash Radieuse Launched last year, the Radieuse is one of just a handful of limited edition versions of Cartier’s iconic asymmetric watch. It takes the “crash” theme literally – the case and dial feature a radiating shockwave motif that starts on the dial and continues on the case, which has a relief, concentrically lined surface. The case is 18k yellow gold, while the crown is set with a brilliant-cut diamond. And inside is a small hand-wound movement made by Jaeger-LeCoultre. And in a big plus for potential Asian buyers, the watch is numbered “08/50”. Purchased from one of Ca...

Business News: Swiss Watch Exports to Hong Kong Plunge 30% in October SJX Watches
Nov 19, 2019

Business News: Swiss Watch Exports to Hong Kong Plunge 30% in October

The latest figures from trade body Federation of the Swiss Watch Industry (FH) show a massive fall in Swiss watch exports to Hong Kong, a statistic that is proxy for sales of luxury watches. According to the FH numbers for the month of October 2019, exports to Hong Kong fell 29.7% to 191.3m Swiss francs. This comes after a more measured, 4.6% drop in September. Exports to Hong Hong have now fallen below those to China, which rose 10.8% to 218.4m francs. Enjoying a 11.2% rise to 227.5m francs is the United States, which was the largest market for Swiss watches in October. For the year to date, Hong Kong remains the world’s largest market for Swiss watches, though the gap between it and the second-placed United States is falling. Hong Kong imported 2.26 billion francs of Swiss watches in the year to date – a fall of 8.8% compared to the same period las year – compared to 1.97 billion francs for the United States. Pedder Street in Hong Kong’s Central business district, ordinarily a shopping paradise. Photo – Hong Kong Tourism Board The drop in watch exports to the city confirm industry talk that the luxury goods has been hard hit by the six months of protests that have roiled Hong Kong. Shops located in the worst affected areas can only stay open for a fraction of a business day, or not at all on some days. Several executives from both watch brands and retailers in the territory have cited consecutive, month-on-month drops in store sales that reach into the double d...