Hodinkee
Business News: Why LVMH Has Bought Tiffany & Co., And What This Might Mean For Watch Collectors
The $16.2 billion deal doubles the size of LVMH’s Watches & Jewelry division.
Results for The Nautilus Launch Story
40,781 articles · 5,538 videos found · page 1431 of 1544
Hodinkee
SJX Watches
Business News: LVMH Buys Tiffany & Co. for US$16.2 Billion
After several weeks of negotiations, LVMH has sealed the deal to buy Tiffany & Co. in a US$16.2 billion, all-cash deal. Despite several years of listless growth and a declining share price – though its current management was in a midst of engineering a turnaround – Tiffany & Co. is the biggest acquisition ever in the luxury goods industry. The French luxury conglomerate, which owns Louis Vuitton and Christian Dior, is paying US$135 a share, about 35% above the last traded price before news of the takeover broke. With the acquisition of the storied American jeweller, LVMH strengthens its presence in the “hard” luxury business of jewellery and watches, a segment traditionally dominated by its Swiss rival Richemont, the owner of Cartier, Van Cleef & Arpels, and most recently, Buccellati. The addition of Tiffany’s to its 75-strong stable of brands, which includes watchmakers like Hublot and TAG Heuer, will also help LVMH grow its presence in China and the United States, where the jeweller’s baubles are popular. And the deal also means Tiffany’s well regarded chief executive, Alessandro Bogliolo, returns to LVMH, where he was once the chief operating officer at Bulgari.
Revolution
Diving Deep: Reservoir Hydrosphere
Divers shouldn’t have to guess at reading the time while submerged in the ocean depths; Reservoir thinks it has a better way.
SJX Watches
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...
Time+Tide
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.
Deployant
Throwback Sundays: Six (Partially Forgotten) Iconic Watches Revisited, from Our Archives
In this week's Throwback Sundays column, we take a look at some iconic watches that have been partially forgotten by the masses.
Time+Tide
What is Dubai Watch Week, and should you go?
Dubai Watch Week is in its fourth year, and is hitting a scale that should be making the other watch fairs around the world take notice. In the context of Baselworld being in some of the worst trouble it has experienced in its 100+ year history and SIHH (now called Watches & Wonders in 2020) … ContinuedThe post What is Dubai Watch Week, and should you go? appeared first on Time+Tide Watches.
Time+Tide
VIDEO: Hublot’s Prancing Pony
At Baselworld 2019, Hublot released a new chronograph in partnership with Ferrari that looked almost un-Hublot. We had become so used to recognising the hard angles and faceted cases of the brand founded by Carlo Crocco that the flowing curves of the newest Classic Fusion were staggeringly svelte in comparison, and suddenly appealing to an entire … ContinuedThe post VIDEO: Hublot’s Prancing Pony appeared first on Time+Tide Watches.
Hodinkee
Auctions: Double Signed Patek Philippe Ref. 2523 Sells For HKD 70,175,000
One of the auction season's biggest lots just sold at Christie's Hong Kong.
Deployant
Montblanc Heritage Perpetual Calendar in Steel
The Montblanc Heritage Perpetual Calendar in steel is priced at €15,000 and is easily one of the lowest priced, if not the lowest priced Swiss made perpetual calendar in the market at retail. It's a good looking watch with a good caliber.
Two Broke Watch Snobs
Archimede SportTaucher Review – How Do You Say ‘Badass’ in German?
If you are keen to find a non-homage dive watch with a superbly machined case, top-notch crown, thoroughly sensible dial, and beefy (but surprisingly comfortable) bracelet, you just hit the jackpot.
Hodinkee
Bring a Loupe: A 1972 Rolex Explorer II, An Aquastar 63, A Breguet Triple Calendar, And A JLC To Stay Far Away From
Your weekly dose of watches from around the Web.
Deployant
New and reviewed: Armin Strom Gravity Equal Force
Armin Strom presents a new entry level, replacing the earlier Single Barrel Collection with the first in the new System 78 Collection: Gravity Equal Force.
Quill & Pad
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.
Hodinkee
Business News: IWC Introduces Eight-Year Warranty Program
The new My IWC program will allow customers to extend their watches' warranties by a factor of four.
Time+Tide
DOXA launches in Australia, and our guests drank like sailors at a street party to celebrate
On Monday night, Melbourne opened its arms – and uncorked many, many bottles of Four Pillars Gin, the best gin in the world – in celebration of the fact that, finally, dive watch kings Doxa have a home in this country. Fittingly for a brand that is dive watch royalty, the crowd of 120+ drank … ContinuedThe post DOXA launches in Australia, and our guests drank like sailors at a street party to celebrate appeared first on Time+Tide Watches.
Revolution
Seen at Watch Art Grand Exhibition: Patek Philippe Ref. 2497 in Rose Gold
At the Watch Art Grand Exhibition in Singapore, Revolution got a closer look at some of the most precious wristwatches in Patek Philippe’s vault.
WatchAdvice
Bremont Arrow Review
Bremont is an English based brand established in 2002, run by brothers Nick and Giles and has gained popularity and admirers in a relatively short time. Heavily entrenched with aviation roots, Bremont has been expanding their catalogue of late to entice new enthusiasts, teaming up with the likes of Jaguar and even releasing a diving range. Earlier this year, however, a new, stripped-down line was introduced, and Bremont entered into a partnership with the Ministry of Defence (MoD) honouring Her Majesty’s Armed Forces. In an unusual departure for Bremont, all three pieces are available to both armed forces personnel and civilians. Each watch represents the three armed forces; Army- The Broadsword, Navy- a dive watch called Argonaut and the Air Force- The Arrow, a mono-pusher chronograph seen here. CASE: The armed forces line also introduces a new case design as opposed to Bremonts core “Trip-Tick” case which uses a three-piece design that stacks pieces of the case top & bottom with usually an aluminium centrepiece. This process allows the centre to be replaced with different materials and colours. The Arrow uses a more traditional two-piece case design which also helps reduce the price point. The 42mm x 15mm thick and 51mm lug to lug, hardened steel case has satin and polished finishing. The case side features some additional detailing (which is standard on most Bremonts) and the slightly smaller case size is a welcome addition. A unique mono-pusher found a...
Time+Tide
Hublot has its sights firmly set on your feet
Horological disruptors Hublot are hosting an exhibition right now at the Museum of Contemporary Design and Applied Arts (MUDAC) in Lausanne, Switzerland … but it’s not for watches. No, the Swiss watchmaker is hosting what is said to be one of the best sneaker exhibitions ever assembled. And while this may sound slightly off-brand for … ContinuedThe post Hublot has its sights firmly set on your feet appeared first on Time+Tide Watches.
Quill & Pad
Pegasus In Micro Wood Marquetry: An Hermès Craftsman Makes His Art (Video)
Miniature wood marquetry is not only rare, it is fascinating. And thanks to our friends at The Watches TV, who recently visited Olivier Varenne in Paris, we are able to watch as an artisan demonstrates creating miniature wood marquetry dials for rare Hermès artistic craft watches.
Deployant
Quick visit: Petermann Bédat atelier in Renens
We were at the Lausanne area and decided to visit the Petermann Bédat atelier in the neighbourhood of Renes. Here is a quick look at their atelier.
Revolution
Rolex Memorabilia Highlights from Sotheby’s Online Auction (19-26 Nov)
Ross Povey presents some of the highlights of Sotheby’s Watches Online. The online bidding will end on 26th November 2019.
Time+Tide
3 Hublot Spirit of Big Bangs for 3 different occasions
Hublot’s Spirit of Big Bang collection is unquestionably one of the most varied and nuanced in the Swiss watchmaker’s catalogue. The quintessentially tonneau-shaped timepiece, which has only been around since 2014, has spawned quite a few different iterations, in a number of different sizes and materials, since its inception. In fact, as of right now, … ContinuedThe post 3 Hublot Spirit of Big Bangs for 3 different occasions appeared first on Time+Tide Watches.
Two Broke Watch Snobs
Laco Aachen 42 Review: Blaue Stunde
The Laco Aachen Blaue Stunde 42 looks and feels great on the wrist while also having a good feature set for affordable everyday wear (plus it doesn’t take itself as seriously as one might assume).
Revolution
MB&F; Legacy Machine 101 in Palladium
MB&F; unveils the latest variant of its Legacy Machine LM101, i n palladium case with stunning lacquer dial.
SJX Watches
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...
SJX Watches
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...
Time+Tide
RECOMMENDED WATCHING: Jean-Claude Biver’s unbelievable watch collection
There’s a pretty strong case to be made that Mr Jean-Claude Biver is one of, if not the most influential individual in the horological industry of the last half-a-century. Here is a man who cut his teeth at Audemars Piguet and witnessed first-hand the development of the now legendary Royal Oak. A man who would … ContinuedThe post RECOMMENDED WATCHING: Jean-Claude Biver’s unbelievable watch collection appeared first on Time+Tide Watches.
Time+Tide
5 fresh summer flavours for a DOXA summer
Summer is now thankfully just around the corner, which means we can ditch the black on black garb and finally bring some colour back into our lives and, more importantly, onto our wrists. And luckily, we’re now stocking DOXA’s entire collection of colourful timepieces, including the SUB 200, SUB 300T and SUB 1500T. These watches … ContinuedThe post 5 fresh summer flavours for a DOXA summer appeared first on Time+Tide Watches.
![Sotheby’s to Sell A. Lange & Söhne 1815 Service Watch in Steel [Withdrawn]](https://watchesbysjx.com/wp-content/uploads/2019/11/lange-1815-steel-service-watch-3.jpg)
SJX Watches
Sotheby’s to Sell A. Lange & Söhne 1815 Service Watch in Steel [Withdrawn]
Long before the Odysseus “sport-elegant” watch, A. Lange & Söhne already had a serially produced timepiece in stainless steel. In the late 1990s, just as the brand was rapidly gaining traction as the preeminent German watchmaker – remember that it had only unveiled its wristwatch collection in 1994 – the company rolled out the fabled 1815 service watch. (NB: Sotheby’s has withdrawn the watch from the sale.) The rationale behind the watch was simple: a loaner for clients who had sent in their Lange wristwatch for servicing. Staying true to the exceptionally high standards the start-up brand had established for itself, the loaner was not a disposable or cut-rate watch. It was a time-only 1815 that was almost identical to the standard model – with the same highly finished movement and solid silver dial – except the case was steel while the dial was black with white markings, a colour not available on the regular production watch. Note the case back engraving. Photo – Sotheby’s Reputedly around 80-120 of these service watches were made. They were produced in small batches over a period, perhaps over a handful of years from the late 1990s to the early 2000s. The number might not seem like much, but with the company being relatively new at the time, the number of watches returned for servicing was presumably quite small. The movement in the service watch is finished to exactly the same level as that on a standard watch. Photo – Sotheby’s The 1815 serv...