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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.
Cambodia’s First Watchmaking School Opens in Phnom Penh SJX Watches
Dec 1, 2019

Cambodia’s First Watchmaking School Opens in Phnom Penh

One of Asia’s quickest growing economies, Cambodia remains a relatively small market for mechanical watches, but now boasts its own watchmaking school – led by a pair of former WOSTEP instructors – which will begin operations in mid 2020. Supported by a local real estate conglomerate, the Prince Horology Vocational Training Center will offer a full-time, two-year course in watchmaking. Totalling some 3,400 hours of training, the watchmaking course will be comprehensive and modelled on the education offered by Swiss watchmaking schools. Designed by a team that includes a former director of WOSTEP, Switzerland’s leading watchmaking school, the course includes watchmaking history and culture, toolmaking and maintenance, repair and servicing of both mechanical and quartz watches, as well as some parts production. Filled with brand new equipment, the school is ready for its first students Located in the Chrouy Changvar district of central Phnom Penh, the country’s capital, the Prince Horology Vocational Training Center recently opened its premises, which are fully equipped with brand new benches and tools, giving students the opportunity to learn both watch repair as well as movement part production and finishing. The school’s leadership team includes Jessica Thakur, formerly an instructor at Richemont’s American watchmaking school in Texas and then at WOSTEP, as well as Maarten Pieters, who was the director of WOSTEP from 2002 to 2018. Prior to that, Mr Pieters ...

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Which Rado Captain Cook Automatic is right for you? Time+Tide
Rado Captain Cook Automatic Nov 28, 2019

Which Rado Captain Cook Automatic is right for you?

Rado’s Captain Cook Automatic dive watch collection is downright impressive for anyone in the market for a fit-for-purpose dive watch on a budget. What’s more, it’s got a great amount of heritage - Rado has actually used the Captain Cook moniker since 1962. But these modern iterations aren’t resting on the laurels of their forefathers, they’re … ContinuedThe post Which Rado Captain Cook Automatic is right for you? appeared first on Time+Tide Watches.

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Up Close: Jaeger-LeCoultre Gyrotourbillon 3 Meteorite SJX Watches
Jaeger-LeCoultre Gyrotourbillon 3 Meteorite Nov 27, 2019

Up Close: Jaeger-LeCoultre Gyrotourbillon 3 Meteorite

The Jaeger-LeCoultre Gyrotourbillon 3 Meteorite is a highly technical yet decorative grand complication panelled in meteorite and aventurine. But it also evokes watchmaking of the early 2000s in its mechanical grandeur. Exotic tourbillons started to proliferate at the turn of the millennium, and soon the offerings were numerous, ranging from orbital to inclined to multi-axis. Today such tourbillons are commonplace, but in the early 2000s they were radical and cutting edge. While the orbital tourbillon was nothing more than a visual spectacle, the inclined and multi-axis tourbillons were attempts to adapt Breguet’s invention for the wrist, in other words they made chronometric sense, at least on paper. One of the earliest and most significant multi-axis tourbillons was the Jaeger-LeCoultre Gyrotourbillon of 2005. While it wasn’t the first multi-axis tourbillon in a wristwatch – that honour goes to Thomas Prescher – the Gyrotourbillon was distinguished by its elaborate, three-dimensional cage of lightweight aluminium, made possible only with the aid of modern technology. The original Gyrotourbillon of 2005, which also incorporated a perpetual calendar with equation of time With the leap year and power reserve displays on the back The Gyrotourbillon was arguably the complication that defined Jaeger-LeCoultre as an haute horlogerie brand rather than a movement maker for other marques. Since its launch the Gyrotourbillon evolved into several iterations, including thi...

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Industry News: GPHG Announces Revamp of Nominations and Awards SJX Watches
Nov 26, 2019

Industry News: GPHG Announces Revamp of Nominations and Awards

As the Grand Prix d’Horlogerie de Genève (GPHG) is gearing up for its 20th anniversary next year – and a week after the 2019 winners were announced – the foundation that administers the industry awards has announced the Academy. This adds an additional layer of nominations and votes to the awards to better encompass a wider swathe of the watch business. Slated to be several hundred strong – 300 was the number mooted – the Academy will be composed of individuals from across the watch industry, from brands to the media to retailers. The large size of the Academy and its diversity is to ensure the GPHG awards represent the industry’s views as much as possible. The GPHG trophy takes the form of a gilded hand The Academy will be able to nominate watches for the awards – in past years only brands could propose their own watches – as well as vote in the earlier shortlisting process. The final vote and physical evaluation of the shortlisted candidates will then be undertaken by a 30-member jury meeting in Geneva, which is similar to the voting process today. The first members of the Academy will be announced in early 2020. Subsequently, new members can join the Academy when nominated by existing members.

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HANDS-ON: Chopard’s svelte Alpine Eagle 41mm with Bernina Grey dial Time+Tide
Chopard s svelte Alpine Eagle Nov 25, 2019

HANDS-ON: Chopard’s svelte Alpine Eagle 41mm with Bernina Grey dial

This has unquestionably been the year of the contentious steel sports watch, with just about every watchmaker and their Bernese entering the fray in what has to be the most hotly contested genre of timepieces in the current watch market. Chief among these new steely provocateurs is Chopard’s Alpine Eagle. We’ve been fortunate enough to … ContinuedThe post HANDS-ON: Chopard’s svelte Alpine Eagle 41mm with Bernina Grey dial appeared first on Time+Tide Watches.

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Business News: LVMH Buys Tiffany & Co. for US$16.2 Billion SJX Watches
Louis Vuitton Nov 25, 2019

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.  

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VIDEO: Hublot’s Prancing Pony Time+Tide
Hublot s Prancing Pony Nov 23, 2019

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.

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