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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.

Micro-Brand Digest: New Watches from Japan, Australia, Singapore, and More! Worn & Wound
Nov 29, 2024

Micro-Brand Digest: New Watches from Japan, Australia, Singapore, and More!

Welcome to the Worn & Wound Micro-Brand Digest, a semi-monthly roundup of new micro-brand news we’re following. This includes promising concepts, Kickstarter launches, restocks, and everything in between. Worn & Wound was founded over 10 years ago to support small independent companies and affordable micro-brands, and our passion for these brands remains strong. Here’s what has caught our attention this month. If you come across a project that qualifies for our roundup, please email us at info@wornandwound.com to be included. Houtman Watch Jason Liddell grew up in Western Australia and has always deeply appreciated the great outdoors. He is particularly fond of the iconic regions and landmarks in Western Australia, including the Murchison River and the Pilbara. Houtman Watches is named after the Houtman Abrolhos Islands, charted by the Dutch sailor Frederick de Houtman in 1619. The Houtman Abrolhos is the southernmost true coral reef system in the Indian Ocean and comprises a stunning chain of 122 islands along with their associated reefs. The first two series have been named after the rivers mentioned earlier, and their most recent collection is called the Murchison. This series showcases four dial and hand configurations, which include two field/dress watches, one field/sport watch, and one pilot watch. All these watches have a stainless steel case with a diameter of 40mm, a thickness of 11.5mm, and a length of 48mm from lug tip to lug tip. The interior width measure...

Industry News – Shakeups at Richemont – Jérôme Lambert Back as CEO of Jaeger-LeCoultre, Laurent Perves named CEO of Vacheron Constantin Monochrome
Vacheron Constantin Swiss luxury powerhouse Richemont Nov 29, 2024

Industry News – Shakeups at Richemont – Jérôme Lambert Back as CEO of Jaeger-LeCoultre, Laurent Perves named CEO of Vacheron Constantin

Swiss luxury powerhouse Richemont has just announced yet another round of shifts in top management positions, with new direction for two of its most prestigious watchmaking brands, Vacheron Constantin and Jaeger-Lecoultre. Effective January 1st, 2025, the nominations of Jerôme Lambert and Laurent Perves follow the appointments announced earlier this year. Nicolas Bos was promoted from […]

Hands-On: Seiko's Best GMT Just Got More Colorful Teddy Baldassarre
Seiko Nov 29, 2024

Hands-On: Seiko's Best GMT Just Got More Colorful

The Seiko SSK GMT line has slowly taken the watch world by storm, and Seiko took the SKX-style format this year and updated it with a trio of new dial formats. Earlier this year, I wrote a story on what – at the time – was every single existing SKX-style Seiko SSK GMT on the market, but that story is officially out of date. Before I get any further into this, it makes sense to establish a few things about these watches. First, they were released in 2022, creating a new wave of GMT affordability in the watch world. Why do I keep calling them SKX-style watches? Well, because the case profile is nearly identical to that of the now-discontinued icon, the Seiko SKX. The Seiko SSK001 and 003 models (the blue- and black-dial versions) are watches that I often suggest to anyone looking for a true "everyday" attainable watch. I even chose it in a video I did with Teddy where we both were tasked with building a collection under $7,000 ( let me know if you think I won). But enough lede-burying. Let’s get to the newness. In total there were three new variations released: The SSK033 with a blue and black bezel, the SSK035 with a green dial and bezel format, and the SSK036, which brings a black/brown aesthetic to the mix with a leather strap (the other two come on Jubilee-style bracelets). So let’s start with the SSK033. As an owner of the Rolex GMT-Master II with the blue-and-black bezel, I immediately zeroed in on this one. But where this clearly differs from the Rolex in term...

Fratello’s Top 5 Surprising Vintage Rolex Watches Fratello
Rolex Watches Another Friday another Nov 29, 2024

Fratello’s Top 5 Surprising Vintage Rolex Watches

Another Friday, another list! After last week’s list of GPHG winners, we return to the universe of vintage Rolex. Why? As we were browsing for entries for previous lists, we stumbled upon some amazing Rolex watches that you rarely see. This list, therefore, praises some of the Genevan brand’s less highlighted watches from the past. […] Visit Fratello’s Top 5 Surprising Vintage Rolex Watches to read the full article.

Business News: Jérôme Lambert Returns to Jaeger-LeCoultre as CEO SJX Watches
Jaeger-LeCoultre as CEO Nov 29, 2024

Business News: Jérôme Lambert Returns to Jaeger-LeCoultre as CEO

In an unexpected twist, Jérôme Lambert will return to the top job at Jaeger-LeCoultre (JLC), some 11 years after he left the same role. Mr Lambert’s first spell as chief executive of JLC, which lasted from 2002 to 2013, was a major success. During the 11 years, the brand developed into a contender in haute horlogerie while maintaining its affordable appeal in simpler watches. He then moved on to run Montblanc for almost four years until early 2017, before rising to a series of senior jobs in Richemont, the luxury group that owns JLC. In 2018 Mr Lambert was named chief executive of the group, but in June 2024 he was reassigned. Mr Lambert became chief operating officer, while Nicolas Bos succeeded him as chief executive. In some ways, Mr Lambert is a JLC lifer – he began his professional career in 1996 in the finance department of JLC. When he was tapped to lead JLC in 2002, he was one of the youngest chief executives in watchmaking.  The two chief executives who ran JLC after Mr Lambert never quite led the brand to the same heights, so many will be hoping his comeback also signals a return to earlier glory.  

Business News: Laurent Perves Appointed CEO of Vacheron Constantin SJX Watches
Vacheron Constantin As Vacheron Constantin gears Nov 29, 2024

Business News: Laurent Perves Appointed CEO of Vacheron Constantin

As Vacheron Constantin gears up to mark its 270th anniversary in 2025, the brand has just announced Laurent Perves will assume the top job at the start of the new year. Having been the Chief Commercial Officer since 2022, Mr Perves succeeds Louis Ferla, who is now in charge of Cartier. Mr Perves is well positioned to lead the storied Geneva brand into its next chapter, having held management roles in the key departments of the manufacture, namely marketing, communications, and commercial. Although he began his career in fragrances, where he rose to senior roles in Proctor & Gamble, Mr Perves started in the watch industry a decade ago. He joined Audemars Piguet in 2014 as head of communications, before being tapped to become the chief marketing officer at Vacheron Constantin in 2016. Since 2022 he was the number two at Vacheron Constantin as chief commercial officer, where he oversaw the brand’s commercial strategy but also built relationships with key clients and collectors in general. Despite the high bar set by the Berkley pocket watch – the most complicated watch ever – Mr Perves and his team have put together an impressive lineup of products for the brand’s 270th anniversary, which will be debuted progressively over the next year.  

Business News: Voutilainen Expands Brodbeck Guillochage SJX Watches
Voutilainen Nov 29, 2024

Business News: Voutilainen Expands Brodbeck Guillochage

Having stepped in to acquire Brodbeck Guillochage in 2022, Voutilainen has announced the opening of a new, larger facility in Fleurier that is poised to become a new centre of excellence for guilloché. Retaining the name Brodbeck Guillochage in honour of its founder Georges Brodbeck, the new facility is located in what was once the local watchmaking school of Fleurier, the town adjacent to Voutilainen’s hilltop headquarters at Chapeau de Napoléon. The new home of Brodbeck Guillochage in Fleurier Initial thoughts This is welcome news for a number of reasons. First, it will help perpetuate the legacy of Mr. Brodbeck, ensuring that his life’s work will continue to have a positive impact watchmakers and lovers of fine objects for years to come. Second, the steady hand of Kari Voutilainen, whose accomplishments as an entrepreneur rival his skills as a watchmaker, should help the new enterprise navigate potential industry downturns in the future. Finally, the impressive scale of the operation should be a magnet for talent, improving the economic prospects for young artisans interested in guilloché. A new centre of excellence A self-taught guillocheur, Mr Brodbeck founded his eponymous firm in 2004, gradually building up a stock of more than 30 antique engine turning machines, each restored to working order by Mr Brodbeck himself. In 2023, Mr Brodbeck was awarded the Prix Gaïa, arguably the highest award in the Swiss watch industry, for his contributions to the preservati...

In-Depth – Inside Ahmed Seddiqi & Sons’ Impressive, Newly-Opened Rolex CPO Collection Monochrome
Rolex CPO Collection When it Nov 28, 2024

In-Depth – Inside Ahmed Seddiqi & Sons’ Impressive, Newly-Opened Rolex CPO Collection

When it was officially announced back in late 2022, the Rolex Certified Pre-Owned Programme (also known as RCPO) made some noise. The fact that the world’s largest watch brand officialized its interest in second-hand, certified and authenticated watches proved that this segment of the market was never to be neglected anymore. It took a little […]

#TBT Reinventing My Tastes With Cartier Vermeil Trinity Watches Fratello
Cartier Vermeil Trinity Watches I Nov 28, 2024

#TBT Reinventing My Tastes With Cartier Vermeil Trinity Watches

I will be highly opinionated today, and I am ready to take a few punches if you disagree with me. No matter how simple a Cartier design is, it’s heavy. Heavy for self-esteem, that is. There are exceptions, but generally speaking, I don’t see Cartier as a door-opening brand for watch collecting, whether modern or […] Visit #TBT Reinventing My Tastes With Cartier Vermeil Trinity Watches to read the full article.

Unique F.P. Journe Resonance Raises US$2.98 Million for Charity SJX Watches
F.P. Journe Resonance Raises US$2.98 Million Nov 28, 2024

Unique F.P. Journe Resonance Raises US$2.98 Million for Charity

For its third outing supporting the Prince Albert II of Monaco Foundation, F.P. Journe created a unique Chronomètre à Résonance that sold for S$4.00 million – equivalent to US$2.98 million – during the charity’s annual gala dinner in Singapore. As a friend of the Monegasque ruler, François-Paul Journe has long supported his namesake charity. Now once of the most valuable recent F.P. Journe watches ever sold, the Resonance follows the LineSport Rattrapante of 2018 and the Chronometre Optimum of 2022, which have cumulatively raised several million for the charity that supports environmental causes around the world. Echoing the livery of the Optimum of 2022, the unique Resonance has a platinum case with a burgundy dial and ruthenium sub-dials. Notably, two forms of Chinese characters: modern simplified Chinese characters on the right sub-dial, while the left register has markings in oracle bone script, the oldest form of written Chinese. The movement is engraved on the barrel bridge: “S.A.S. Albert II Singapore 2024” More than double the result of the Optimum in 2022, the big number for the Resonance is no surprise given the recent record-setting sale of the 1993 F.P. Journe tourbillon prototype. This arguably demonstrates that F.P. Journe has gone beyond a watchmaker or even watches, but a brand. This desirability of the F.P. Journe brand is reflected in not just the value, but how easily and quickly it was achieved at the auction during the dinner event. Thoma...

First Look – Louis Erard and Vianney Halter Team Up Again for Striking, New Régulateur Models Monochrome
Louis Erard Nov 28, 2024

First Look – Louis Erard and Vianney Halter Team Up Again for Striking, New Régulateur Models

Louis Erard continues to expand its portfolio of special editions made with renowned watchmakers and designers – such as Kudoke, Alain Silberstein, Cédric Johner or Massena LAB. The latest instalment is a collaboration with Vianney Halter, resulting in two versions of the new Régulateur Louis Erard, which draw inspiration from Steampunk aesthetics and showcase Halter’s […]

Louis Erard and Vianney Halter Team Up For Another Thanksgiving Weekend Surprise Worn & Wound
Louis Erard Nov 28, 2024

Louis Erard and Vianney Halter Team Up For Another Thanksgiving Weekend Surprise

Today, Americans sit down at their Thanksgiving table with their friends and family, and consider all that they’re thankful for. Good health, a warm home, great company, and a delicious meal will top many lists, as they should. But if you’ll allow a quick thought experiment (really, all of this is just one big thought experiment, if you think about it) and narrow the focus of thanks to the watch world, I’d have to say that the singular event of the last few years that I’m most thankful for is whatever transpired during the first meeting between the team at Louis Erard and watchmaker Vianny Halter. It led to a collaboration that launched a thousand other collaborations (slight exaggeration, but maybe not), and brought an affordable indie brand and a Capital I Independent watchmaking legend together in a genuinely interesting way. There’s a compelling case to be made that the first Louis Erard x Vianney Halter collaboration was the seed of many similar LEs to come, from Louis Erard and other brands, so it makes sense that just like that first collab, their second drops on Thanksgiving weekend, bringing one of the most interesting stories in contemporary watches full circle.  While the first collaboration with Halter felt like one of his watches in spirit, the new Le Régulateur Louis Erard x Vianney Halter II takes steps to make the physical object feel more like a watch that could have come out of Halter’s workshop. Using Halter’s iconic Antiqua as inspiratio...

Louis Erard Introduces Le Régulateur Inspired by Vianney Halter’s Antiqua SJX Watches
Louis Erard Introduces Le Régulateur Inspired Nov 28, 2024

Louis Erard Introduces Le Régulateur Inspired by Vianney Halter’s Antiqua

Having unveiled its first Vianney Halter collaboration in 2020, Louis Erard now follows up with the Le Régulateur Louis Erard x Vianney Halter II that’s notably superior in style and details. Modelled on the Antiqua perpetual calendar, the Le Régulateur Vianney Halter II retains the usual Louis Erard regulator format, but smartly tweaked to replicate key elements of the Antiqua, including the rivets on the bezel, case profile, and multi-part dial. The new regulator is offered in two limited editions of 178 pieces each: the one with a silvered dial and gilt chapter rings is available only on Louis Erard’s online store, while the second edition with an inverted dial finish will only be sold at the brand’s retailers around the world. The Louis Erard e-commerce exclusive (left), and the retailer edition Initial thoughts Louis Erard has rolled out numerous collaborations with independent watchmakers. Most of them are convincing tributes to the original, but of varying levels of customisation. A good number of them employ the stock regulator case but with an edition-specific dial, which was the case for the first Vianney Halter collab. The new Vianney Halter regulator, on the other hand, features components unique to this model, giving it a distinctive look. The dial, case, bezel, and case back are all made for this edition, with only the movement being stock. As result, this captures the look and feel of the original watch that inspired it much better than past collabo...

Blancpain Fifty Fathoms Bathyscaphe Flyback Chronograph Review Teddy Baldassarre
Blancpain Nov 28, 2024

Blancpain Fifty Fathoms Bathyscaphe Flyback Chronograph Review

The Blancpain Fifty Fathoms Bathyscaphe used to be seen as something like a younger sibling to the classic Fifty Fathoms but after more than a decade in production (of the current iteration, at least) I would now classify it as the more modern sibling. The clean lines and sleek angles work particularly well in what is typically the bulkier category of diver chronographs, let alone flyback chronographs. But, the Bathyscaphe Chronograph Flyback Chronograph seen here, done in a ceramic case and green colorway, manages to exceed expectations and defy any baggage or preconceptions the category may bring with it. One thing you won’t get from the images alone is just how lightweight the watch is, due to its black ceramic case. Ceramic is one of my favorite materials for a watch case (in addition to titanium) not just because of the weight but also the scratch resistance that comes with it. It also looks great, especially contrasted against that wonderfully vibrant green used on the dial and bezel here. Divers' chronographs are a particular challenge because, well, operating a chronograph underwater presents some serious water-resistance issues. That said, Blancpain is confident in its assertion that the chronograph can safely be activated underwater. And for those not familiar, a flyback is significantly more complex than a typical chronograph because it does not have to be stopped before resetting. While we’re on the topic, the F385 caliber deserves some love because it ...

Czapek Unleashes a Purple Storm Worn & Wound
Czapek Unleashes Nov 27, 2024

Czapek Unleashes a Purple Storm

I feel like every time I look at Czapek, they’re doing something great. This time, they’ve released a new limited variant of the Antarctique, the Antarctique Purple Storm, with an otherworldly purple dial produced by Swiss dial maker Metalem. The Antarctique has been one of the great success stories of the indie watch world in recent years, and Czapek has managed to iterate on the watch beautifully, offering up a consistent stream of new and interesting executions on the model without losing any of what makes it so compelling. This latest release pairs a familiar steel execution of the independent brand’s signature integrated bracelet sports watch, with a new version of the hand-varnished dial first seen in the 10-piece limited edition Antarctique Orion Nebula. While that watch was meant to evoke very specifically the look of galactic bodies in astral photography, almost looking like it could have come straight from the Webb telescope, more recent implementations of the technique have had a more lava-lamp-like quality; ethereal and non-corporeal. The Purple Storm fits into the latter group presenting onlookers with colors ranging from dark blacks to vibrant purples and every shade in between. Each of the 18 dials in this series is completely unique, and the celestial-inspired dials are entirely sterile - though the Czapek logo is present, it looks to be printed on the underside of the sapphire crystal (an increasingly common, but nonetheless appealing technique). ...

Fratello On Air: An In-Person Recording And Holiday Gift Guide Fratello
Nov 27, 2024

Fratello On Air: An In-Person Recording And Holiday Gift Guide

Welcome to another episode of Fratello On Air! We’re a little later this week than usual because we decided to record this episode in person in London. We discuss several topics but end with a brief holiday gift guide. Our watch content starts after approximately 20 minutes. This podcast player is blocked because you did […] Visit Fratello On Air: An In-Person Recording And Holiday Gift Guide to read the full article.