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Business News: Swiss Watch Exports Drop In September
Shipments fall for the first time in 16 months.
1,233 articles · 194 videos found · page 19 of 48
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Shipments fall for the first time in 16 months.
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Happy New Year's Eve! Our final story of 2022 is all about what happens when the clock strikes midnight.
Time+Tide
Charity auctions can often be some of the watch world’s most exciting events, as brands stretch their creativity for one-off watches that are instantly collectible. Audemars Piguet certainly delivered at the La Cuvée One Drop 2022 event with their Royal Oak Selfwinding Chronograph “One Drop” raising US$1.1m. Hosted in Las Vegas, the proceeds go towards … ContinuedThe post Audemars Piguet raise $1.1m for charity with the Royal Oak “One Drop” appeared first on Time+Tide Watches.
Time+Tide
Rolex is the biggest watch brand on the planet and James Dowling knows more about it than practically anyone. Known as @misterrolex on Instagram, the veteran collector and journalist is the author of The Best of Time: Rolex Wristwatches and has even been referred to as a “Rolex scholar”. That’s why he’s the ideal man to … ContinuedThe post Mr Rolex reveals! The authoritative take on what’s about to drop… appeared first on Time+Tide Watches.
Time+Tide
RZE starts their year off right with a doble dose of time. Meet the RZE Resolute 2022 and the RZE Resolute SuperCompressor.The post MICRO MONDAYS: A Double Drop with the RZE Resolute 2022 and RZE Resolute Supercompressor appeared first on Time+Tide Watches.
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This mix is outstanding.
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Watches with staying power.
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This week brings the funk.
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Featuring a Grand Seiko Ginza LE and AP RO.
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To reference Marie Kondo, these vintage pieces "spark joy."
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Speedmaster, Polerouter, Carrera, Submariner, and Santos.
Time+Tide
We’re BACK with the streetstyle-centric #kixntix, and what better way to celebrate some of the sharpest watches to come out of Watches & Wonders than with some fresh Nikes? This time I’m enamoured by the cutting-edge engineering of the new Zenith DEFY 21 Spectrum collection. Powered by the tour de force 9004 movement – the … ContinuedThe post #Kixntix: Pairing up the dazzling Zenith DEFY 21 Spectrum with a fresh blue Nike Air drop appeared first on Time+Tide Watches.
Quill & Pad
The idea of Last Drop is to source rare and first-class spirits, usually with considerable age. Some of these products – and in the company's decade of operations, there have only been 13 releases – are extremely limited and seriously expensive. But is it worth it? Ken Gargett reverently sips a dram and shares the results with us here.
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The latest Saxonia Thin is the horological equivalent of sipping champagne at midnight.
Time+Tide
Hypebeast recently dropped the orange-flavoured candy of the Nike Air Force 1 ’07 LV8 Total Orange, a searchlight-bright version of the iconic trainer. As if the zesty orange wasn’t enough, they have teamed up with 3M for the metallic silver highlights, in an unashamed flash of reflections from the tiniest sliver of sunlight. This is … ContinuedThe post #Kicktock: We pair Nike’s latest drop with the DOXA SUB 200 C-Graph, and magic happens appeared first on Time+Tide Watches.
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SJX Watches
Swiss private bank Vontobel has just published its highly-regarded annual report on the luxury watch industry – the news for 2020 is grim. Put together by a team led by managing director Rene Weber, the Vontobel Luxury Goods Shop predicts a 25% fall in Swiss watch exports in 2020 – the biggest drop in 50 years as a result of the COVID-19 coronavirus pandemic. A proxy for the global luxury watch market, Swiss watch exports declined 22% during the 2008 financial crisis, and recovered swiftly the year after. But during the financial crisis there were no store or factory closures, and no halt to international travel. Since mid-March most watch brands, including giants Rolex and Patek Philippe, have shut their factories, or introduced short-time work, with between 60-70% of employees at Swatch Group working reduced hours. File photo of the Rolex factory in Bienne that’s gone quiet for now. Photo – Rolex At the peak of the pandemic in China, when practically the entire country was in lockdown, Vontobel estimated February sales fell 80%, something it expects will be repeated throughout the rest of the world. And even e-commerce is not enough to alleviate the situation substantially, because of logistical challenges. The report notes that as of mid-March,”the Swiss watch industry has come to an almost global standstill.” Unsurprisingly, the bank expects the pandemic to result in a steeper fall and slower recovery for the Swiss watch industry. The bank expects a s...
Revolution
Audemars Piguet has created a unique version of the Royal Oak Chronograph for the One Drop Foundation’s “One Night for One Drop” auction in platinum with a purple and blue dial.
Time+Tide
In January 2017, Omega announced, with zero fanfare, a limited edition Speedmaster, made in collaboration with Fratello Watches, called Speedy Tuesday, named after the popular hashtag. Four-and-a-half hours later, all 2012 watches were gone. Well, hold onto your hats and get ready to flex those credit cards, because it looks like it’s about to happen … ContinuedThe post BREAKING NEWS: Is the Omega Speedmaster “Speedy Tuesday II” going to drop today? appeared first on Time+Tide Watches.
Time+Tide
It’s usually the most innocuous part of the night. The official speeches are out of the way, the bar once again beckons, and the speaker says, to be polite, “Are there any questions?” A guest at the Blancpain Ocean Commitment event 2016 – following on from the 2015 evening at Icebergs, which had the coolest … ContinuedThe post EVENT: Is Blancpain’s Ocean Commitment investment just a drop in the ocean? Hard questions on Sydney Harbour appeared first on Time+Tide Watches.
SJX Watches
In a surprising move from the conservative watchmaker, Rolex has quietly set up Rolex Quantum SA, a new entity dedicated to atomic timekeeping, the most precise form of timekeeping ever invented by man. Rolex chief executive Jean-Frederic Dufour will sit on the board of Rolex Quantum, with engineer Fabien Droz serving as director of the venture. With Rolex Quantum, the watchmaker plans to develop and sell atomic clocks, conceivably for industrial or scientific purposes. Being somewhat removed from the core Rolex offering of wristwatches, the atomic clocks will be developed separate from the main Rolex brand. The new venture strengthens the brand’s ties with CSEM (Swiss Center for Electronics and Microtechnology), the Swiss technical institute most famous in watchmaking for having developing silicon component for watch movements. The venture will benefit from Rolex’ broad industrial research and development capabilities, while also leveraging CSEM’s experience with atomic timekeeping. The establishment of Rolex Quantum was first reported by Swiss newspaper Arcinfo. Neuchâtel timing Despite the cutting edge nature of its work, Rolex Quantum will be located on historic grounds, namely on the same street as the Neuchâtel Observatory, which is current home to CSEM’s atomic timekeeping laboratory. The location also has historical resonance as the city has long played a role in watchmaking and chronometry over the years. Abraham-Louis Breguet was born there and the obs...
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Plus a precious Jacquet Droz and a high-beat two-tone Zenith Chronomaster El Primero.
Worn & Wound
Far from the splashy and blingy arenas of the dive and dress watch world, the humble field watch nevertheless represents a key corner of every watch enthusiast’s heart. Versatile, wearable, and most importantly, durable, the field watch is getting its time in the sun with new releases from big brands like Tudor and Sinn, but it’s also remained a stalwart hero of the microbrand world. Straddling that gap is the German brand Stowa, who has been making mechanical watches since 1927. Known largely for their Bauhaus designs, their Fieldwatch collection occupies a more recent niche in the brand’s history. The new Stowa Terra Fieldwatch designs are keeping that adventurous spirit going. Three new colorways debut with the Terra designation: Soil, Forest, and Desert. Following the field watch mantra of “less is more” each Terra model measures in at 38mm in diameter and 11.50mm in height to make for a relatively effortless wear on the wrist. Across the three models, the case is stainless steel and finished in a gray PVD coating for a tactical look. The Soil model sports a brown dial, with the Forest and Desert featuring “khaki” green and beige respectively. All three colors are muted and earthy, contrasting with the red minute markers around the minute track, a red Stowa icon below 12 o’clock, and the red-tipped seconds hand. In classic field watch fashion, there is no date window, and an inner 24-hour ring adds even more concentricity to the dial. Black steel ha...
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If there's a watch that seemingly stole the hearts of many collectors this year at Watches and Wonders, it's definitely Chopard's new blue-dialed L.U.C 1860 dress watch. The funniest part is that the new model is really only a dial color change. That's it. And yet, among a sea of new designs and complications, Chopard managed to pull off something much larger than its description on paper, and ended up being one of my personal favorite releases from the show. If you're familiar with the previous, now-discontinued salmon dial version of the L.U.C 1860 released back in 2023, well, chances are you already know much about this watch. But its identical specs are very much a good thing, as I think Chopard has really hit a home run with the 1860 as a proper, compact, and thin (8.2mm) dress watch amongst its larger L.U.C. movement-powered siblings. The 36.5mm case in Chopard's Lucent Steel alloy is very safe in its design, with smooth, curved lines and a fully-polished, rounded bezel and top lugs. While there aren't any little extra design touches that add any additional flair, the sides are vertically brushed to create a bit of contrast. Is the case boring as a result? Certainly not in my eye, as its subdued character works well in the 36.5mm format and, most importantly, it serves as a very nice frame for a spectacular dial. That dial, produced by Chopard's in-house dialmaker Metalem, is an absolute home run. And it surprises me to say this, given that I typically don't care a...
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What We Know It's spring, which means it's time for Naoya Hida's annual trunk show, where the brand tours the world to showcase its new watches. If you're in town for one of their few stops (like next week in New York), you can treat it like any tailor's trunk show and find out if the watch is a good fit. And every year, Hida-san and his team unveil a few new styles. In fact, you can see the ten releases on offer below. Some are familiar; others have small tweaks (the Type1 is now the Type1E because of the new domed crystal that makes it 10.9mm). But there are three watches that are so distinctly new that it's worth talking about. Let's go in numerical order, starting with a watch that is essentially just a dial revision, but it's a dramatic one at that. The Type2 series has been around for six years now as the brand's central seconds movement, followed by revisions in 2021 and then the coveted collaboration with The Armoury in 2022, called "The Lettercutter." I know a lot of people fought to get that piece, but there's a new Type2C-2 that's going to get some attention. While a big draw for Naoya Hida is the hand-engraved German or Argentium silver dials (in fact, that's where a lot of the price goes), they've pivoted here to their first-ever porcelain dial. The watch, powered by a Cal. 3020CS manually-wound movement with 45-hour power reserve and 4Hz beat rate, is cased in 37mm by 11.4mm stainless steel with a 44.8mm lug-to-lug. The glass is a curved sapphire crystal with...
Monochrome
With summer just around the corner, many of us switch our more formal dress watches for something more suitable for warmer temperatures, travelling and outdoor activities. The ideal summer wrist companion combines water-resistance with robustness and, why not, a splash of colour. The Certina DS Action Diver fits the bill to a tee, and the […]
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